15 Mar 2017
Greystones is a beautiful coastal town in northern Wicklow. So beautiful, in fact, that the locals would claim that it’s the best place to live in the county!
Well, given that the village was already voted the best place to live in the world, it’s hard to argue with them.
The town got the gold medal in the 2008 Livcom Awards, which recognise the most “liveable” places in the world. The 2012 Livcom Awards subsequently selected Co Wicklow as the most liveable place in the world in its category. That makes Greystones the best place to live within the best place to live, which is a pretty impressive recommendation!
The Wicklow town enjoys an idyllic scenic setting, but it’s also easy to get to Dublin or Wexford by road or rail. With Dublin on your doorstep and a wealth of local charms, it’s no wonder that Greystones is high on the want list for Irish buyers.
The attractions of Greystones
The town boasts two beaches, a redeveloped harbour and Marina, a great selection of things to do, and a DART service that makes it easy to commute into Dublin City Centre. But as if that wasn’t enough, the town is framed by the Wicklow Mountains and offers coastal walks along the area include the likes of the Bray to Greystones cliff walk.
“Greystones is a picturesque seaside town which is popular with visitors because of its many sporting facilities, award-winning restaurants, popular pubs and a brand new Marina,” says Joe Connolly, Manager of EBS Greystones.
“These features make Greystones an excellent choice as a place to bring up a family or retire.”
The arrival of the DART in 2000 opened the town up to commuters who wanted to enjoy seaside living yet still have easy access to the city. The town’s population went from nearly 12,000 in 2002 to over 17,000 in 2011 but it has still managed to retain its small-town charm.
Rugby is a big sport in Greystones, but it has a range of great sporting facilities and clubs. There’s everything from GAA and soccer to tennis and cricket on offer. Baseball is also an option for local sports fans - Greystone Mariners are Ireland’s oldest and largest baseball club.
The town’s range of local restaurants and eateries are a popular hit with locals and visitors. Local success stories like The Happy Pear have helped to put the town on the map and Greystones has an established reputation as a great place to eat out.
It’s also an ideal place to raise a family with its combination of local amenities, a selection of schools and a range of outdoors activities on offer. With a fantastic community spirit and a picture postcard appeal, it’s easy to see why this award-winning town is held in such high esteem.
The property market in Greystones
The asking price for an average property in Co Wicklow is €278,549, according to the latest Daft Report. This makes it the most expensive county outside of Dublin.
“The local market is a mix of first time buyers, second time buyers and self builds,” says Joe. “Houses on the market in Greystones range from brand new properties to housing estates that were established from 10 to 30 years ago, to properties that have been around for 100 years.”
“There are a variety of buyers in Greystones, including people who have been brought up in Greystones and are moving back, and people trading up from areas such as Gorey and Arklow,” says Joe. “People who sell a place for €700,000 in high end areas of Dublin could find a comparative property for €400,000 in Greystones.”
The demand for properties and the high prices for good properties has led some local people to build more than one home on their site. “In parts of Greystones, people have decided to build in their gardens and sell off their original homes,” adds Joe.
Popular areas in Greystones
Greystones is an expensive option for some first time buyers, with the new Central Bank guidelines affecting the amount that can be borrowed. There are a number of areas in Greystones that are particularly popular with buyers who have a bit more to spend.
“You can get properties in very well established areas like Rathdown, Hillside and Heathervue in the €350,000 to €500,000 range,” says Joe. “There’s great interest in new developments in Blacklion and Greystones. New developments like Sea Green have seen a huge interest of late. The long established housing estates like Rathdown, Redford, Hillside, Heathervue and Applewood are still popular and attract good interest from prospective buyers.”
He estimates that a typical 3-bed semi detached in Greystones can be purchased for between €350,000 and €450,000. That seems like a small price to pay for a home in the most liveable community in the world!
Thinking of buying a house in Greystones?
Before you go house hunting, it's a good idea to get your mortgage in perspective – or at least discussed so you know where you stand and where to look. Get the ball rolling with 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 Joe or one of the team in EBS Greystones. Why not try our mortgage calculator to find out how much you may be able to borrow?
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Joe Connolly trading as EBS Greystones 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 March 2016.