10 August 2023
~1 minutes read
Gort auctioneer says homes to rent or buy outside of Dublin are scarce
Galway Bay fm newsroom – Housing supply in rural Ireland is leading to “unprecedented demand” for homes to either rent or buy, according to a South Galway auctioneer.
The latest Daft report found a 10.7 percent increase nationally in rent prices but it was as much as 24 percent year-on-year in Mayo.
Galway City rents are up by 12 percent over the past year – with the average now standing at €1,867 a month.
Analysis by Daft.ie shows Galway city is the third-most expensive area for renting, behind Dublin and Wicklow.
Meanwhile rents across county Galway rose by more than 20 percent over the past 12 months, with the average now €1,438.
Leitrim is by far the cheapest county with an average rent of just over €1 thousand – while South County Dublin is the highest at €2,600.
Gort auctioneer Colm Farrell says homes to rent or buy outside of Dublin are scarce: