House Prices Falling In Carrigaline.

Buying a house in Carrigaline or the surrounding area? Well buyer beware, because prices in the area have stalled and in many cases, have fallen. Not only that, but the inventory of properties on myhome.ie has increased almost two fold, a similar trend is being repeated at local auctioneers such as Dennehy, Daly and McNamee. With even more developments to come online on Castle Heights and a 100 acre site at Shannon Park being earmarked for development, the property boom in Carrigaline may very well be coming to an end. With job losses in nearby Pfizer and speculation about the removal of Stamp Duty for first time buyers, I think there's scope for further price drops. However, if you must buy right now, don't be afraid to play hardball with auctioneers. I recently viewed a property in the area that was on the market for €400,000, the auctioneer was quite open about accepting an offer as low as €381,000 (the stamp duty threshold).

12 Carrig Avenue, Carrig Na Curra, DOWN €10,000.

€350,000

€340,000

19 Dun Eoin, Ballinrea Road, DOWN €42,500 (price dropped twice!!)

€360,000

€350,000

€317,500

29 Highfield, Ballinrea Road, DOWN €40,000

€340,000

€320,000

€310,000

€300,000 (Sale Agreed)

9 The Close, Waterpark, DOWN €50,000

€350,000

€300,000

30 Waterpark Green, DOWN €20,000

€400,000

€380,000

90 Mount Rivers, DOWN €20,000

€300,000

€280,000

Archella, Ballinrea Road, DOWN €120,000

€720,000

€600,000

6 The Brambles, Heron's Wood, DOWN €30,000

€330,000

€327,000

44 Silverhill, Heron's Wood, DOWN €5,000

€345,000

€340,000

7 Weston Heights, Ballinrea Road, DOWN €5,000

€600,000

€595,000

12 Spring Lane, DOWN €35,000 (price dropped twice!!)

€415,000

€395,000

€380,000

New price drops as of 8th of March!

No. 1 Shrewsbury Park, Fernhill Road DOWN €25,000

€800,000

€775,000

73 Wrenville, Kilmoney Road DOWN €15,000

€360,000

€345,000

14 Kinalea, Nohoval DOWN €2,500

€317,500

€315,000

33 Highfields, Ballea Road DOWN €10,000

€325,000

€315,000

58 Glen Rua DOWN €10,000

€340,000

€330,000

106 Spruce Drive, Ballea Road DOWN €3,000

€298,000

€295,000

Ballea, Forrest Road, DOWN €30,000

€425,000

€395,000

37 Rockboro Heights, Waterpark, DOWN €10,000

€325,000

€315,000

42 Liosbourne, Upper Kilmoney, DOWN €40,000

€415,000

€410,000

€400,000

€375,000

1 The Grove, Herons Wood, DOWN €20,000 (price dropped twice!!)

€325,000

€315,000

€305,000

New price drops as of 8th of March!

30 Dun Eoin Meadow, DOWN €10,000

€350,000

€340,000

27 Kilmoney Heights, DOWN €11,000

€370,000

€359,000

34 Elm Drive, Westwood, DOWN €15,000

€355,000

€340,000

36 The Green, Herons Wood, DOWN €10,000

€335,000

€325,000

It's also interesting to note there are now 10 pages of entries for Carrigaline on daft. Many of the properties that have been listed above are still on the market despite a price fall.

Make what you will of that.

Dick Roche - Delivering on Affordable Housing.

In a fresh initiative to combat spiralling house prices, Dublin citizens who have been priced out on the market are now being given a chance of home ownership. The affordable housing scheme; applies to impovrished persons earning between €45,000 and €58,000 per annum who are unable to afford homes at market price. One hopeful applicant, sucessful strategic manager Geordan Sheehy-Skeffington (pictured below with BMW 7 Series and two wifes), spoke to us about the scheme.



"Roysh goys, I'm rawther miffed here. Loike, how in Gawd's name will I be able to face the goys in the Rugby club knowing I live in Loo-cun, ugh", "I suppose one must make do, afterall, one must keep his family in Prada handbags and Manlo shoes, roysh girls?" he said guffawing.

Later, in the press conference launching the inititave, Minister Dick Roche (pictured below) brushed off suggestions about those earning less than €45,000 a year who didn't qualify for the housing scheme as "inconsequential" and "pointless".



(inset, Dick Roche pouring milk into a political opponents petrol tank)