You can now find out the cost of houses close to Luas and DART lines

You can now find out the cost of houses close to Luas and DART lines

Property Website, Daft.ie, has launched an online map with the average asking prices for houses on rail lines across Dublin.

The firm's 'DART & Luas House Price Map: By Stop' is based on a sample of nearly 7,000 three-bed, semi-detached properties for sale between January and November 2016 near the capital's stations.

According to the company, commuters living on the Dublin coastline pay on average the most for a property, with homes close to the Sandymount DART averaging €788,000.

Properties near DART stations are among the most expensive with Dalkey (€716k), Sydney Parade (€716k), Sandycove and Glasthule (€705k) completing a DART top three on the new map produced by Daft.ie.

On the Luas, homes close to Cowper on the green line command the highest average asking prices (€679k), while those living in the city centre pay most on the Luas red line with properties near the Spencer Dock stop averaging €663,000.

Daft.ie also analysed the average asking prices for each stop on the new Luas extension. Properties close to the new Dawson stop came out on top, with an average asking price of €479,000.

Most expensive (All Stations)

Sandymount - €788k

Dalkey - €716k

Sydney Parade - €716k

Sandycove and Glasthule - €705k

Cowper - €679k

LUAS Green Line

You can now find out the cost of houses close to Luas and DART lines

Cowper - €679k

Charlemont - €628k

Beechwood - €626k

Ranelagh - €623k

Carrickmines - €610k

You can now find out the cost of houses close to Luas and DART lines

LUAS Green Line Extension

Westmoreland - €479k

Trinity - €479k

Dawson - €479k

Phibsborough - €378k

Grangegorman- €376k

You can now find out the cost of houses close to Luas and DART lines

LUAS Red Line

You can now find out the cost of houses close to Luas and DART lines

Spencer Dock - €663k

Mayor Square - NCI - €542k

George’s Dock - €464k

The Point - €425k

Jervis - €414k

You can now find out the cost of houses close to Luas and DART lines

DART

You can now find out the cost of houses close to Luas and DART lines

Sandymount - €788k

Dalkey - €716k

Sydney Parade - €716k

Sandycove and Glasthule - €705k

Blackrock - €674k

You can now find out the cost of houses close to Luas and DART lines

Martin Clancy from Daft.ie said: “Convenience and affordability are two key concerns for pretty much everyone who lives and works in Dublin. This map gives a great overview of property prices across the capital and is a fantastic visual reference for anyone who is considering buying or selling close to the Luas or DART.”

Ronan Lyons, economist at TCD and author of the Daft Report, said: "The figures in this infographic highlight the value of rail infrastructure, with prices for properties closer to stations above those for comparable properties elsewhere. With the imminent opening of the Luas Cross-City extension, there are now 125 different rail stations in the Greater Dublin area.

"So, this report also shows the value in looking around and seeing if there are areas that offer good access to work and other amenities, by being close to rail facilities, but at a lower cost. For policymakers, the fundamental question remains how best to link upswing in properties, like those seen around the cross-city Luas, and the money invested in rail. A good property tax system can make that connection."


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