Clane tops national four year rent rise table

Average semi detached houses rise 37%

Henry Bauress

Reporter:

Henry Bauress

Email:

henry.bauress@leinsterleader.ie

Clane tops national four year rent rise table

Clane Abbey in Clane, County Kildare

 THE county Kildare town of Clane has experienced the largest rent increases in the State for semidetached houses over the last four years, a Leinster Leader analysis of Rental Tenancies Board figures modified on December 1, indicates.

The town, which lies about 37km from O’Connell Street in Dublin city centre, in the Maynooth Municipal District, saw average semi detached house rents rise 37% between the third quarter of 2012 and the third quarter of this year.

The rent in the town is not the largest in the county -that prize belongs to Maynooth, where rents rose 25.1% to €1,238 over four years - but Clane saw an increase to €1,107 from €807.

The average four year increase for the State as a whole was around 17% to €973.

The figures suggest that much of Kildare, and beyond, lies in a high pressure rent zone, where rents are both high and rising quickly, with Leixlip seeing a 27% rise to €1,200.

They suggest Kildare and Meath should be included in a high pressure rent zone in Minister, Simon Coveney’s housing bill.

There was a rent decrease in only five of 234 locations, including Ranelagh in Dublin 6, where they dropped 0.2% to €1,567.

The county of Meath experienced a 30.7% rise over the same period with towns like, Enfield and Dunboyne (up 28.8%), close to the county Kildare border also under pressure.

In a survey of over 234 town locations and county figures, three other county Kildare areas are in the top twenty, when it came to rises over the four years.

The Naas average was up 29.2% to €1,082 and the Kilcock figure up 29% to €1,092. Celbridge rents rose 28% to €1,158.

Sallins was up 27% to €1,091.

The lowest increase was in Kilcullen, up 18.5% to €886.

Athy, in the south of the county, experienced a 23.7% rise to €709.

The highest rent in the country in Q3 2016 was in Donnybrook, Dublin 4, where rents averaged €2,187, up 14.9% on Q3 2012.

It would appear, though many outlying areas are catching up.

The largest % increase in the last year from Q3 2015 to Q3 2016 was in Ballymahon, Longford, which lies an hour and three quarters drive from O’Connell Street. It  saw a 23.8% rise to €532.

Clane experienced a 12.7% annual increase, the nineteen highest on that list.