17 Feb 2017
Go West young buyer, go West. The catch-cry is old but still holds true in one way for First Time Buyers (FTBs). They can get a family-sized home at a relatively reasonable price on the west side of County Dublin.
The average asking price for property is just €205,000 in Dublin West – compared to €300,000 in South Dublin, according to a recent property bulletin from Myhome.ie (accessed March 2015).
Prices also grew more strongly there in the last quarter of 2014 than in many high-priced parts of the capital, where property values have stalled after rising strongly over the past couple of years, according to the website.
Housing supply in Blanchardstown
There aren't that many properties for sale in Blanchardstown. Just 33 featured on Myhome.ie as we went to press, which isn't a huge amount for the largest urban area in County Dublin with a population over 68,000.
Prices ranged widely from €135,000 for two and three beds in Corduff Cottages and Huntstown respectively – up to €425,000 for a 3,000 sq. ft. detached 5-bed on Clonsilla Park. So property here ranges from quite cheap, up to a level that's similar to South Dublin.
"Blanchardstown is a vibrant area with lots going on. You have the shopping centre, but also the Draoicht Theatre, the National Aquatic Centre and a major hospital," says Ian Moody, manager of the local EBS branch.
Ian says the key message for would-be buyer is "come on in and have a chat."
"If the numbers don't add up yet, we'll show you how to get there and you can come back in six months' time with all the i's dotted ad t's crossed. Then you can at least have a look around in the meantime, knowing what you may be likely to afford," he says. "Blanchardstown is a great stepping stone. But buying anywhere is a big decision so make sure you do your homework."
Here's some info on the area that we hope will help you along the way.
Blanchardstown for First Time Buyers
The great thing about Blanchardstown is that First Time Buyers can get a family home for less than the €220,000 threshold, above which a 20% deposit is required.
"That sort of price level would get you a nice semi-detached house in a family-friendly area near schools and with a garden," Ian Moody says.
As we went to press, Myhome.ie listed a semi-D for €165,000 on Westway Park and 2-bed apartments from around €130,000 – €180,000. The upper of those price ranges might also get you a 3-bed duplex.
Blanchardstown for families
Blanchardstown has plenty of reasonably-priced family homes (by Dublin standards) with new ones also coming on stream.
Brandon Square, Waterville, for example, is a recent development of A-rated three-beds with solar heating, measuring 1,500 sq. ft. The €315,000 price tag was in the upper range, but not compared to some parts of South Dublin.
"There are also plenty of good schools in the area," says Ian. Dublin 15 – which includes Castleknock and Clonsilla – has 10 secondary schools and 15 primary schools. One of them, Castleknock College, rates as one of the top boys' schools in Ireland.
Blanchardstown for commuters
Blanchardstown is only 10km from the city centre; a 10-15 minute drive outside rush-hour. There are buses galore in Blanchardstown that will get you into town in 20 minutes.
"No fewer than 15 Dublin bus routes serve the area plus two Nitelink routes and express service to the Ballycoolin Industrial Estate," Ian explains.
Thinking of buying a house in Blanchardstown?
Before you go house hunting it's a good idea to get your mortgage arranged – or at least discussed so you know where you stand.
If you'd like to talk through your mortgage options you can book a 30 Minute Mortgage Meeting with Ian or one of the team in local EBS office, Unit 166, Blanchardstown Shopping Centre, Dublin 15 (Tel: 01 8223242).
Why not pay us a visit on our Facebook page for more great house-hunting tips, home living advice, or just for some general merriment?
The content of this blog is expressed in broad terms and is limited to general information purposes only. Readers should always seek professional advice to address issues arising in specific contexts and not seek to rely on the information in this blog which does not constitute any form of advice or recommendation by EBS d.a.c.
EBS d.a.c. neither accepts nor assumes any responsibility in relation to the contents of this blog and excludes all warranties, undertakings and representations (either express or implied) to the fullest extent permitted under applicable law.
Gerry Cuffe Financial Services Limited is a tied mortgage agent acting solely on behalf of EBS d.a.c. EBS d.a.c. is regulated by the Central Bank of Ireland.
House Prices taken from MyHome.ie accessed March 2015.