The Blackrock Bulletin – December 2015
This month we are trialling a new newsletter for our friends and neighbours around our offices. The Blackrock Bulletin aims to keep our community informed about what’s happening in the local property market plus also local events in their area.
It’s just one of our little ways to help home owners understand what’s happening in the market around them so they can make better choices about their property and homes.
You can read all the articles below or click here to see the full PDF…
Welcome to the Blackrock Bulletin
Hello and welcome to our new newsletter. We were delighted to open our new HQ in Blackrock in 2015 and we are grateful for the warm welcome. Our goal is to share our knowledge and expertise with our local community so your are the best informed about what’s happening in your area.
Why Christmas is ACTUALLY the best time to sell your property
One of the biggest myths we have to regularly dispel in our business is that there are only two times in the year where it is the “best time to sell” – Spring or Autumn. In fact this could be the worst time for you to sell your property for 2 reasons . . .
Firstly, if every other sale is hitting the market at that time, your house is likely to get lost in the competition. At this time, buyers will be spoilt for choice and you may not achieve the best value for your property.
Secondly, it’s actually been shown that buyers are MORE ACTIVE during Christmas and early New Year. Both Rightmove in the UK and Zillow in the US have shown spikes over the holidays and we hear the same is true with Daft.ie.
If you are thinking about selling but not launching your sale until Spring, you could be missing out on eager buyers who are just as active in early January.
See our full article: Why Christmas is actually a great time to sell your property
Don’t fear a fall in prices
Although many agents and even the national media are hesitant to admit the market has started to fall in 2015, we like to be honest with our clients about what is happening. The new Central Bank rules took the wind out of the market this year and after a couple of big rises in recent years, it looks likely the market is slowing for a while.
But it’s not all bad news. The volume of property for sale is at an all-time low, so when good houses do come up for sale, they still find keen buyers.
For home owners in areas like Blackrock and Stillorgan, if you were thinking about moving this year, there are deals to be made that could work in your favour. Family homes in the area are always in demand and whether in top condition or a doer-upper they attract plenty of interest. Downsizing is more popular than ever, with the upper-end less affected by the mortgage rules and bargains to be had when buying your next home.
See our full article: When will experts admit house prices are falling?
Property Sales 2015
Blackrock and Stillorgan
As two of Dublin’s most valuable suburbs, Blackrock and Stillorgan are still in high demand from active purchasers. Young families looking for good homes near good schools are always active and there are a surprising number in a good position to buy, despite the mortgage rules.
Investors and First Time Buyers are also still out there. In particular we are finding buyers with significant deposits snapping up apartments for either rental or their own occupation.
Apartments in Blackrock are going for between €300,000 to €400,000 for the standard two bed. There are too few on the market so they get snapped up surprisingly quickly. We are selling plenty in wider suburbs such as Belarmine and Sandyford.
Three to four bed houses are in demand but only if priced appropriately. There are plenty of sales priced too highly at the start of the year that are stuck on the market.
If you are thinking about selling, make sure you receive honest advice about what your property is worth and if you want to sell be reasonable with your asking prices.
Remember prices are struggling elsewhere too so you can negotiate hard when you are looking to move.
- Apt. 8, House 5, Linden Court (2 Bed) – €312,000
- 29 Les Buissonnets, Sweetman’s Avenue (2 Bed) – €320,000
- 33 Merrion Hall, Mt. Merrion Avenue (2 Bed) – €370,000
- Apt. 4, 27 Idrone Terrace, Blackrock (2 Bed) – €370,000
- 33 Carysfort Hall, Blackrock (2 Bed) – €460,000
- 5 Carysfort Hall, Blackrock (3 Bed Duplex) – €897,000
Three Bed Houses
- 64 St. Fintan’s Villas (End-Terrace) – €450,000
- 13 Rockford Manor (Mid-Terrace) – €530,000
- 11 Weirview Drive, Stillorgan (Semi-Detached) – €600,000
- 45 Priory Grove, Blackrock (Semi-Detached) – €610,000
Four Bed Houses
- 5 Ardagh Close, Blackrock (Dormer-Bungalow) – €540,000
- 110 Westbury, Stillorgan (Semi-Detached) – €630,000
- 38 Belmont Lawn, Galloping Green (Detached) – €632,000
- 8 Glenvar Park, Cross Ave. (Detached) – €1,209,000
Five Bed Plus
- Roanmore, Wynberg Park (Detached) – €750,000
- 5 Bellevue Park, Blackrock (Semi-Detached) – €900,000
- 11 Idrone Terrace, Blackrock (Period Terrace) – €1,050,000
- Cuil Min, 56 Sydney Avenue (Detached) – €2,600,000
*Data sourced from the Property Price Register including sales closed Sept-Nov 2015.
You can find records of all sales transactions online at www.propertypriceregister.ie
On The Market
MONKSTOWN – Luxury penthouse with views
Unique penthouse duplex in this iconic building in highly desirable location near Monkstown Village. Occupying the top two floors of De Vesci House, it includes the fifth floor tower room with 360 degree wrap-around windows and views of Dublin Bay from Howth to Sandymount and Dun Laoghaire Harbour. Beautiful refurbished, new kitchen and decor.
The Penthouse, De Vesci House, Monkstown
Asking €649,950 – 2 beds – 1,000 sq ft
BLACKROCK – Well located 3-bed home
This fine three bed mid-terrace is a good solid house in an excellent location. Near to good schools and major transport routes, but set back from the main road for added privacy. Inside it has a large kitchen – dining room, cosy front room and three good size bedrooms. The attic could be converted subject to permission to add more space.
86 Rockford Park, Blackrock
Asking €349,950 – 3 beds – 950 sq ft
FOXROCK – Expansive Family House
This stunning four-bedroom detached property in one of Foxrock’s finest roads was been beautifully modernised and extended to approx. 3,000 sq ft. It includes a very large open plan living room, kitchen and dining room plus two further reception rooms. Upstairs are four double bedrooms, two ensuite. Large south facing rear garden.
36 Brighton Avenue, Foxrock
Asking €949,950 – 4 beds – 3,000 sq ft
Local Things To Do This Christmas
Dun Laoghaire Christmas Festival
The Dun Laoghaire Christmas Festival is now on until 24th December. This year for the first time it will include the Maritime Museum as a key venue. The market will be set up opposite the DLR Library throughout the month and there are further events, concerts and kid’s activities on regularly.
Visit www.dunlaoghaire.ie for more information.
Leopardstown Christmas Festival
Still a highlight of the Christmas calendar and a great excuse to get out of the house and work off that excess turkey. From Saturday 26th until Tuesday 29th December. Tickets: €30 Adults, €20 Students / OAPs
There’s plenty of entertainment, food and drink around the races to keep you entertained.
Visit www.leopardstown.com for more information.