03 Mar 2017
Dun Laoghaire was traditionally known as the “Gateway of Ireland” and the harbour town’s inviting East coast location made it an obvious destination for sea-bound visitors.
That hasn’t always been a good thing, especially when the visitors in question were invading Vikings. Luckily, Vikings aren’t a problem today so invasion parties are mainly made up of tourists and house hunters!
Dun Laoghaire by the sea
The harbour’s iconic granite piers are distinctive local landmarks and the sea remains at the heart of much of the town’s activity - whether it’s the thriving yachting scene or its status as a major ferry port.
It’s a great spot for a bit of sailing, windsurfing or fishing. And if the weather ever improves, you can indulge in a refreshing swim at the Forty-Foot or Seapoint beach. Another popular option for locals and tourists alike is to go for a walk on the East Pier.
Buying a house in Dun Laoghaire
Dun Laoghaire is one of the most sought-after addresses in Dublin so the local market remains pretty competitive.
“There’s definitely a lot of demand,” says Marc Richmond, Manager of EBS Dun Laoghaire.
“It’s a very desirable place to live so supply doesn’t match the demand. There’s a new development at Honeypark that’s selling very well. It used to be the old Dun Laoghaire Golf Course and it’s been developed to a very high standard.”
Marc says that the cost of properties tends to rise as you get closer to the coast. A quick look at Daft.ie proves that point, with a two-bedroom seaside apartment on the market for €875,000 (Accessed December 2015).
You can easily pay over a million euros for an end-of-terrace house but there are cheaper options if you get creative (Accessed December 2015).
“There are little gems to be found just off Patrick Street and a few of those streets but they do come at a premium,” says Marc.
The town is currently undergoing redevelopment as part of the Dún Laoghaire-Rathdown County Council’s Development Plan and the Dun Laoghaire Business Improvement District are also working to rejuvenate the centre of the town.
“There is some regeneration going on up the Marine Road and some of the older parts of Dun Laoghaire are seeing the biggest changes,” Marc says.
Still, that process seems like a bit of enthusiastic DIY compared to a much bigger undertaking that’s going on a few miles away.
Located outside Dun Laoghaire, the new Cherrywood development aims to deliver up to 3,800 new homes in the area. Plans for Cherrywood include three public parks incorporating sports fields, schools and a retail centre with restaurants and shops.
Dun Laoghaire for First Time Buyers
It can be difficult for first time buyers to get an affordable place in Dun Laoghaire but Marc says the new Cherrywood development and other existing options offer possibilities.
“You’d be looking for older properties that might need a bit of TLC,” he adds.
“If you want to get a foot on the ladder, there will always be a demand for apartments in Dun Laoghaire. The one thing I would say is that apartments in Dun Laoghaire are holding their value.”
Dun Laoghaire for commuters
Located just 12 km south of the Dublin city centre, the town offers all the benefits of a small coastal town with the added advantages of being a stone’s throw from the city. It’s also ideal for people who work in town but don’t want to take the car.
“You’ve got the DART, a great bus service and the LUAS goes straight into town from Cherrywood,” says Marc.
Dun Laoghaire for families
Dun Laoghaire has plenty of shops, schools and amenities but its seaside location is a major draw for families.
“They’ve done a great job with People’s Park and there’s a playground in there for children,” says Marc.
“The natural amenities are all there – Sandycove is just up the road and you’ve got Killiney and Dalkey down the coast. It’s all about enjoying the outdoor life and a healthy lifestyle.”
The town’s award-winning new dlr LexIcon library was the part of a €36.6 million investment and it now provides a range of community facilities.
Thinking of buying a house in Dun Laoghaire?
If you’re thinking about buying a house, it pays to have your mortgage approved – or at least know what you can afford.
If you'd like to talk through your mortgage options, book a 30 Minute Mortgage Meeting with Marc or one of the team in the EBS Dun Laoghaire Office. You can use our mortgage calculator to find out how much you may be able to borrow.
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Richmond Financial Services Limited trading as EBS Dun Laoghaire 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.
House Prices taken from Daft.ie accessed December 2015.