Connect with us

News

Kerry house prices accelerate – IPAV’s residential property price barometer

Published

on

0208711_house_price.jpg

The Institute of Professional Auctioneers and Valuers (IPAV) latest Residential Property Price Barometer shows an acceleration in house price increases over the previous six months including in Kerry.

Overall IPAV’s study has found double digit growth for 3-bedroom homes in Waterford and Limerick. And close behind are Tipperary, Meath, Louth and Cavan with nine plus percent growth, followed in the eight plus percent range by County Dublin, Carlow, Dublin 15, Dublin 7 and Kildare.

In Kerry three-bedroom homes increased by 4.55pc; 4-bedrooms by 9.80pc and two-bedroom apartments by 3.70pc.

Some of the area specific increases are accounted for by new blended working opportunities where people don’t have to operate from formal office settings on a full-time basis, according to IPAV’s Chief Executive Pat Davitt.

“While that is an influential factor, the main driver of increasing prices is the lack of supply of homes to meet current and pent-up demand. And that is why predictions by economists and others of house price drops during the pandemic have not materialised, forecasts IPAV called into question at the time,” he said.

Mr Davitt said his organisation welcomes the Government’s new 'Housing for All' plan with a commitment to invest €4 billion per year to build 300,000 homes over the next nine years.

“While the nuts and bolts of how precisely the plan is going to achieve that target remains to be seen, it is in the interest of society as a whole that the plan works because continuing house price increases at the level we are currently seeing would not be sustainable over the longer term but will not abate either until more stock comes on stream to meet supply.

He said the extension of the Government’s Rebuilding Ireland Home Loan scheme from Local Authorities was welcome but it needs to be extended further to enable all purchasers to take advantage of the 4.5 times income under that scheme, not just first-time buyers.

The IPAV Residential Property Price Barometer charts house prices achieved by auctioneers, as opposed to asking prices. Mr Davitt said while that difference is always relevant it is particularly so now given the intensity of activity where, it would appear, asking and achieved prices are diverging, often to a considerable degree.

He thanked members of IPAV for their contribution to the study which he said provides “real market evidence as opposed to speculation on prices”.

Advertisement

News

Beaufort’s Caoimhe Lynch crowned 2026 Kerry Rose

A 28-year-old teacher and community activist from Beaufort was named the 2026 Kerry Rose following a gala selection night at The Heights Hotel in Killarney last Saturday. Caoimhe Lynch, who […]

Published

on

A 28-year-old teacher and community activist from Beaufort was named the 2026 Kerry Rose following a gala selection night at The Heights Hotel in Killarney last Saturday.

Caoimhe Lynch, who currently works as a secondary school Chaplain and English teacher in Dublin, emerged as the judges’ choice from a talented group of contestants representing every corner of the county. The Beaufort native was a popular winner among the large crowd of supporters who gathered in Killarney to see the 2026 representative chosen.

A proud Kerry woman, Caoimhe is well known in Killarney as the director of the Kingdom Gospel Choir, which boasts over 100 members. Even while working in the capital, she has remained deeply rooted in her home county, travelling back regularly to lead the choir and spend time with her family.

Beyond her professional and musical life, Caoimhe is the founder of The Light House Project, an initiative she established in 2024 to support communities facing poverty and social challenges. During the selection process, she spoke passionately about her commitment to social justice and her love for traditional Irish music, specifically the “Lynch family music sessions” that are a staple of her home life.

“Kerry is home, and I love nothing more than coming back to my family and friends,” she said during the event.

Caoimhe will now represent the Kingdom at the Rose of Tralee International Festival this August.

Continue Reading

News

Centra Muckross Road supports Kerry Stars with bottle return donation

Centra Muckross Road supports Kerry Stars with bottle return donation

Published

on


Sheahan’s Centra on the Muckross Road has made a significant donation to the Kerry Stars Special Olympics Sports Club using proceeds from unclaimed deposits at the shop’s bottle return machine.


Aisling Sheahan and the team at the Muckross Road store presented the cheque to members of the club this week. The funds were generated through the return scheme located at the front of the shop, where customers have the option to donate their return vouchers to local causes.
The donation comes at a busy time for the Kerry Stars, who have returned to training this week following the Easter break. The club provides a wide range of sporting outlets for children and adults with intellectual disabilities, including athletics, therapeutic horse riding, basketball, and soccer.
Preparation is also underway for the Special Olympics Ireland Summer Games, which take place in Dublin this June. Four athletes have been selected to represent the Kerry Stars at the national event.
The club is currently open to new members across most of its disciplines, though a long waiting list remains for Friday evening swimming sessions as the group continues its search for a qualified swim coach in Killarney. Training will continue until the summer break in May before resuming again in September.
Those interested in joining the club or inquiring about the coaching vacancy can contact Kerry Stars at kerrystars63@gmail.com or by calling 087 2365664.

Attachments

Continue Reading