The Daft.ie Rental Report
q4-daft-rental-report-2015
q4-daft-rental-report-2015
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Dublin<br />
Rents in the city up to 46% above<br />
2010 levels.<br />
North County<br />
Average rent: rent: €1,178 €1,197<br />
Qtr-on-qtr Qtr-on-qtr: change: 3.4% 1.6%<br />
Year-on-year Year-on-year: change: 11.1% 9.9%<br />
Change from trough: 37.0% 39.2%<br />
West County<br />
Average rent: €1,243 €1,269<br />
Qtr-on-qtr Qtr-on-qtr: change: 3.5% 2.1%<br />
Year-on-year Year-on-year: change: 10.6% 10.2%<br />
Change from trough: 38.0% 41.0%<br />
South County<br />
Average rent: €1,604 €1,625<br />
Qtr-on-qtr Qtr-on-qtr: change: 2.4% 1.3%<br />
Year-on-year Year-on-year: change: 7.2% 6.5%<br />
Change from trough: 34.8% 36.6%<br />
North City<br />
Average rent: €1,336 €1,310<br />
Qtr-on-qtr: change: 2.0% 3.0%<br />
Year-on-year: change: 8.6% 9.3%<br />
Change from trough: 43.4% 40.6%<br />
City Centre<br />
Average rent: €1,433 €1,408<br />
Qtr-on-qtr: change: 1.7% 3.0%<br />
Year-on-year: change: 8.4% 9.8%<br />
Change from trough: 46.0% 43.5%<br />
South City<br />
Average rent: €1,547 €1,520<br />
Qtr-on-qtr: change: 1.8% 3.0%<br />
Year-on-year: change: 7.6% 7.9%<br />
Change from trough: 41.5% 39.0%<br />
Growing premium for central location<br />
West Dublin rents growing fastest<br />
Supply at its tightest<br />
Rising rent-a-room costs<br />
Rents in central Dublin have risen 46% since 2010,<br />
compared to an increase of 36.6% in South County<br />
Dublin in the same period.<br />
While rental inflation has moderated<br />
across the capital, it remains above 10% in<br />
West Dublin.<br />
Fewer than 1,400 propert<strong>ie</strong>s were available to rent in<br />
the capital on February 1, the lowest ever recorded<br />
since the ser<strong>ie</strong>s started in 2006.<br />
Across the capital, the monthly cost of renting a room<br />
rose by at least 4% and in certain segments more<br />
than 10% during 2015.<br />
Rent-a-Room Trends Q4 2015<br />
Single Bed<br />
Double Bed<br />
RENTAL AREAS<br />
Dublin City Centre<br />
North Dublin City<br />
South Dublin City<br />
North Co. Dublin<br />
South Co. Dublin<br />
West Co. Dublin<br />
AVG. RENT<br />
€ 537<br />
€ 448<br />
€ 481<br />
€ 402<br />
€ 483<br />
€ 386<br />
YR/YR CHANGE<br />
8.3%<br />
9.5%<br />
6.9%<br />
18.2%<br />
4.1%<br />
9.7%<br />
AVG. RENT<br />
€ 671<br />
€ 549<br />
€ 621<br />
€ 502<br />
€ 583<br />
€ 505<br />
YR/YR CHANGE<br />
11.5%<br />
9.4%<br />
7.8%<br />
10.3%<br />
4.7%<br />
10.3%<br />
Dublin trends Q4 2015<br />
€1,800<br />
€1,700<br />
€1,600<br />
€1,500<br />
€1,400<br />
€1,300<br />
€1,200<br />
€1,100<br />
€1,000<br />
€900<br />
€800<br />
Q1<br />
2006<br />
Q1<br />
2007<br />
Q1<br />
2008<br />
Q1<br />
2009<br />
Q1<br />
2010<br />
Q1<br />
2011<br />
Dublin City Centre North Dublin City South Dublin City North County Dublin South County Dublin West County Dublin<br />
Q1<br />
2012<br />
Q1<br />
2013<br />
Q1<br />
2014<br />
Q1<br />
2015<br />
Q4<br />
2015<br />
Average house price by area, 2006-2015.<br />
17 | <strong>The</strong> <strong>Daft</strong>.<strong>ie</strong> <strong>Rental</strong> <strong>Report</strong> – 2015 in Rev<strong>ie</strong>w<br />
<strong>The</strong> <strong>Daft</strong>.<strong>ie</strong> <strong>Rental</strong> <strong>Report</strong> – 2015 in Rev<strong>ie</strong>w | 18
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