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THE AVERAGE LIST price of a property in Glasnevin is now just under €395,000, according to figures from Daft.ie for the third quarter of 2017.
Analysis of asking prices across all property types in the area from July to September give an average of €394,147.
This puts Glasnevin well into the upper echelons of Northside neighbourhoods – it is the twelfth most expensive of 42 areas north of the river.
It remains marginally cheaper on average than its closest neighbours Drumcondra (€415,484) and Phibsboro (€396,186).
However, there is significant price variation within Glasnevin. Properties toward the southern Royal Canal end tend to be well above €500,000, with a larger number of smaller homes further north bringing the overall average down.
When taken altogether, property values in the area remain below their Celtic Tiger peak. Prices hit an average of almost €560,000 in late 2006.
But they have risen by more than 60% since 2012, when the average was just over €245,000.
This might seem like a big jump, but it’s actually a significantly slower rise than some other nearby neighbourhoods. Phibsboro, Cabra and East Wall have all seen their prices double since the recession.
Your Neighbourhood is a new series of local area guides from TheJournal.ie, presented by KBC. We’re bringing you the best of city neighbourhoods combined with the latest data. If you live in Glasnevin, let us know what you think of it in the comments!
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