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01st Jul 2017

This Is The Average Deposit Needed To Buy A House In Every County In Ireland

mariemadden

One of the biggest stumbling blocks for anyone hoping to buy in Ireland at the moment is the deposit.

With rents rising by the month, keeping all your basic bills covered can be a challenge so stacking away upwards of €30,000 requires some serious sacrifices. 

Daft.ie has just released its latest report on the housing market across the country and there’s some very interesting info in there for anyone planning to buy or sell a property over the next few months.

One of the most intriguing is the breakdown of the average asking price in each county in Ireland, which gives a snapshot of how much you’ll need in the bank before you apply for that mortgage. 

First-time buyers are now required to save 10% of the property’s value as a deposit so if you’re about to buy your first home, here is what you’ll be shelling out…

Munster

Clare – €16,549

Tipperary – €16,295

Co Cork – €20,668 

Cork City – €25,620

Co Limerick – €17,086

Limerick City – €17,720

Kerry – €17,968

Co. Waterford – €20,473

Waterford City – €15,886

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Connaught

Co. Galway – €18,231

Galway City – €26,854

Leitrim – €12,388

Mayo – €14,562

Roscommon – €12,967

Sligo – €13,389

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Ulster

Cavan – €14,913

Donegal – €14,522

Monaghan – €16,056

*Report does not include data for Northern Ireland

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Leinster (ex. Dublin)

Carlow – €17,651

Kildare – €25,368

Kilkenny – €21,017

Laois – €16,430

Longford – €12,881

Louth – €21,008

Meath – €24,990

Offaly – €17,057

Westmeath – €18,402

Wexford – €19,753

Wicklow – €31,484

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Dublin

North Co. Dublin – €30,246

South Co. Dublin – €56,344

West Co. Dublin – €29,707

North Inner City – €32,355

South Inner City – €38,727

City Centre – €29,964

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