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A guide to buying a home in Portlaoise

Main street in Portlaoise town.

07 Mar 2017

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Portlaoise is making a name for itself as one of the fastest growing towns in Ireland and as a place that can also attract the biggest A-List celebs.

 

Kim Kardashian and Kanye West famously popped into the local cinema while on their honeymoon in Ireland in 2014.* Local celebs like Love/Hate star Robert Sheehan might turn heads but they can’t live up to that kind of star wattage.*

 

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It’s tempting to imagine that Kim is planning a spin-off reality show called At Home with the Portlaoisians. So what would Kimye need to know if they were planning to move to the town?*

Employment in Portlaoise

Portlaoise is one of Ireland’s fastest-growing towns, with the population increasing by 38% from 2006 to 2011. The public sector has traditionally been a strong employer in Portlaoise, says Matthew Kennelly, Manager of EBS Portlaoise office.

The town’s commuter belt location also makes it a handy option for people working in Dublin.

Great value property in Portlaoise

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“There are good deals out there but the price has crept up,” Matthew says, adding that some buyers are now bidding on properties.

That’s all the more reason to have your mortgage approval in your back pocket and be ready to move if you see a great place.

Prices in Co Laois are up by 13.6% since last year, according to the latest Daft Report (accessed December 2015). But it’s still the cheapest county in Leinster to buy a home, with an average asking price of €136,603.

People who’ve been priced out of buying in Dublin will be amazed at what they can afford in Portlaoise.

“You can get some nice bargains compared to what you would pay for smaller three-bedroom houses in Stillorgan or Tallaght,” Matthew says.

“€300,000 would go a long way in Laois. What you get here for that money is a mansion.”

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The asking price for the average three-bedroom semi-detached house in Laois is €100,000 but you don’t need to have Kanye’s budget to get a seriously impressive pad in Portlaoise.*

€620,000 will get you the likes of this six-bedroom detached property (accessed December 2015). It has five reception rooms, three bathrooms, two garages, landscaped front and rear gardens with fruit trees, and a roof garden with a view of the Slieve Bloom Mountains. Wow!

By comparison, you’d be asked to pay €564,000 for a three-bed semi-d in Dublin 4.

Local amenities

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The town offers all the benefits you would expect from a major urban centre, from sporting facilities to shopping. We all know Kim likes a bit of shopping.*

“We have all the major department stores, the shopping centre has the likes of Penneys and the Main Street is starting to fill up again.

“We have a good GAA pitch down the road, good soccer pitches, and the train station is two minutes from the town. There’s the leisure centre as well and a cinema. They’re all within walking distance of town.”

And if the Kardashian clan came to visit and wanted to enjoy some of that legendary Irish countryside, the Slieve Bloom mountains are just down the road.*

Portlaoise for families

There are seven primary schools, three secondary schools and two special education schools in the town which means plenty of options for young families.

There is also the strong sense of community that you get in a smaller town.

“One thing I would say is that there’s a great community atmosphere here,” Matthew adds.

“You wouldn’t get that openness in Dublin. The community is always strong in the country towns like Portlaoise. Everyone knows everyone.”

Portlaoise for First Time Buyers

“There are a few apartments in areas like Kilminchy and Parkside that are on the market for great prices,” Matthew says.

So you can pick up a two-bedroom apartment with two bathrooms in Kilminchy for €65,000 (accessed December 2015).

There are also other budget options if you are prepared to put the work in.

“Being in the country, you’re not too far from a lot of sites. There are a lot of dilapidated houses too so people could buy an older house and do it up.”

Portlaoise for commuters

The M7 gets you into Dublin quickly and the Intercity rail line between Cork and Dublin is ideal for commuters who work in the capital. The railway station is in the town centre.

The motorway bypasses the town but it’s easily accessible from anywhere in Portlaoise and Matthew says you can be in Newlands Cross within 45 minutes.

Thinking of buying a house in Portlaoise?

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Before you go house hunting, why not check out our Mortgage Calculator to see what you can afford to borrow.

You can also get more information on the process by checking out our First Time Buyer and Next Time Buyer guides.

If you'd like to talk through your mortgage options, book a 30 Minute Mortgage Meeting with Matthew or one of the team in the Portlaoise Office.

Don’t forget to visit our Facebook page for the latest news, home advice and great competitions.

 

Matthew Kennelly 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.

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.

*If we mention celebrities, we're not saying they love us. They secretly might, but it doesn't mean they endorse us.

Prices taken from Daft.ie accessed December 2015.

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