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Dublin: 17 °C Wednesday 26 June, 2019
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Here's what only a few stops on Dublin's rail lines can do to your rent

Tenants are paying a premium of up to 30% to move one stop.

Image: Sam Boal/RollingNews.ie

TENANTS LIVING ALONG Dublin’s rail lines are being asked to pay a premium of up to 30% on their rents for moving a single stop along the commuter routes.

A new rent analysis from property site Daft.ie, which crunched the numbers on comparable two-bedroom units across the city, showed people living on the Luas green line paid the highest average price at €1,444 per month.

That compared to an average price of €1,271 on the Luas red line, which was nearly 14% cheaper despite including the most-expensive stop on any route, Spencer Dock. The average price on the Dart line was €1,418.

The figures also showed wide variations, in many cases, between the prices at neighbouring stops. Renters in the upmarket locale of Killiney were paying an average €1,602, a near-30% premium on those one station south on the Dart at Shankill.

Similarly those renting near Sydney Parade, in the city’s south, were charged an average €1,721, compared to €1,544 one stop further out at Booterstown.

RailMap_Dublin_Rents_1

Click here for a larger version

Across the city, these were the five most-expensive locations to rent an apartment:

Spencer Dock (Luas red line) – €1,802

Sandymount (Dart) – €1,791

Dalkey (Dart) - €1,743

Landsdowne Road (Dart) - €1,722

Grand Canal Dock (Dart) – €1,684

DART_Southside

DART_Northside

And these were the five cheapest, all on the Luas red line:

Cheeverstown – €869

Citywest Campus – €971

Fettercairn – €997

Belgard – €1,025

Saggart – €1,035

LUAS_Red_Northside

LUAS_Red_Southside

Daft report author Ronan Lyons said a more-detailed research paper to be released early next year would measure the total benefit of Dublin’s rail network.

“This is important for government spending plans, as without any measure of the benefits, the danger is that public spending is viewed simply as a cost,” he said.

The latest analysis follows earlier figures from the property site which showed the five most-expensive places to buy homes along Dublin’s rail lines were all on the southerly Dart route.

LUAS_Green_Section1

LUAS_Green_Section2

Note: Journal Media Ltd has shareholders in common with Daft.ie publisher Distilled Media Group.

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About the author:

Peter Bodkin  / Editor, Fora

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