Bray People

Over 720 new homes in county in past year

- 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. Question here I’m a PAYE worker. What income tax will I pay in 2018?

Changes to income tax bands were announced as part of Budget 2018. The amount of tax that you have to pay depends on your personal circumstan­ces.

Tax is charged as a percentage of your income. The percentage that you pay depends on the amount of your income.

The first part of your income, up to a certain amount, is taxed at 20%. This is known as the standard rate of tax and the amount that it applies to is known as the standard rate tax band.

The remainder of your income is taxed at the higher rate of tax, which is 40%. The amount that you can earn before you start to pay the higher rate of tax is known as your standard rate cut-off point.

For 2018 the standard rate of tax remains at 20%, but the standard rate tax bands have been increased as follows:

There is a range of income tax reliefs available, which can reduce the amount of tax that you have to pay. Further informatio­n is available from the Citizens Informatio­n Service below.

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