Over 720 new homes in county in past year

Wicklow People (Arklow) - - NEWS - BY MYLES BUCHANAN

SEVEN-hun­dred-and-twen­ty­five lo­cal dwellings were added to the GeoDirec­tory data­base in 2017, rep­re­sent­ing two per cent of the na­tional to­tal of new ad­dresses.

Wick­low, Dublin, Meath, Cork, Kil­dare and Gal­way were the only coun­ties to record a share of two per cent or more,

New ad­dresses in the county ac­counted for 1.3 per cent of the to­tal stock, only bet­tered by Meath and Dublin.

In to­tal, 275 build­ings were clas­si­fied as be­ing un­der con­struc­tion in Wick­low in De­cem­ber 2017, ac­cord­ing to the GeoDirec­tory data­base. That rep­re­sented 3.7 per cent of the con­struc­tion ac­tiv­ity taking place in the State at the time.

The Wick­low hous­ing turnover rate was 2.8 per cent, which was higher than the na­tional av­er­age of 2.5 per cent. Only four other coun­ties ex­pe­ri­enced a turnover above the na­tional av­er­age.

The 12-month run­ning to­tal for com­mence­ments amounted to 516 units in Oc­to­ber 2017.

The na­tional av­er­age ra­tio of dwellings per 1,000 of the pop­u­la­tion was 415 in De­cem­ber 2017, with 12 of the 26 coun­ties record­ing ra­tios be­low this av­er­age. Wick­low had the fourth low­est pro­por­tion of dwellings per 1,000 of pop­u­la­tion at 379.

The av­er­age house­hold size in Ire­land is 2.60 but ex­tends to 2.76 in Wick­low.

Wick­low had an av­er­age res­i­den­tial den­sity per km2 of 27, which was lower than the State av­er­age of 29.

New dwellings ac­counted for 21.7 per cent of all res­i­den­tial prop­erty trans­ac­tions in the Gar­den County, again, higher than the na­tional av­er­age of 18 per cent.

Up un­til Oc­to­ber of last year, 1,500 trans­ac­tions had taken place in County Wick­low, 21.7 per cent of which were new dwellings.

The av­er­age res­i­den­tial prop­erty price in Wick­low in 2017 was €333,355, com­pared to an av­er­age price out­side of Dublin of €187,623.

Va­cancy rates across the county av­er­age out at 4.8 per cent, but Wick­low’s, at 2.5 per cent, is the third low­est in the land.

Apart­ments rep­re­sented a 4.5 per cent share of the to­tal res­i­den­tial stock in Wick­low. Na­tion­ally it stood at 9.1 per cent but this falls to just 4.6 when Dublin is ex­cluded.

Up un­til Oc­to­ber of last year, 527 trans­ac­tions had taken place in Grey­stones. Of these, 39.7 per cent were new dwellings and the av­er­age cost of a prop­erty was €402,087.

In Wick­low town, 265 trans­ac­tions took place, of which 21.9 per cent were new dwellings. The av­er­age prop­erty price was €287,170.

In Bray, 354 trans­ac­tions were car­ried out and 5.1 per cent were new dwellings while the av­er­age cost was €379,944.

The av­er­age price for prop­erty in Ark­low was €214,414, some 222 trans­ac­tions took place and 16.7 per cent were new dwellings.

Sam Makay from New Zealand join­ing David Ivory and Hugh Ivory for the tra­di­tional Christ­mas Day swim in Grey­stones.

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