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Limerick outshines Dublin suburbs as Ireland's top property destination

Limerick outshines Dublin suburbs as Ireland's top property destination

The study highlights Limerick's V94 district as the top property hotspot, boosted by a median home price of €307,500, a strong 12.84% price increase, and over 11,000 monthly Google searches, the highest nationwide.
The study ranked Irish Eircode regions based on property prices, sales activity from 2023 to 2024, and online search interest, scoring each area out of 100.
Limerick topped the list with a composite score of 60.23, followed closely by Malahide (K36) in second place and Bray (A98) in third.
Bray saw a notable 16.85% rise in property transactions in the last year, while Sligo recorded the steepest price growth nationwide with a 29.49% surge, pushing median prices to €236,000.
Other high-ranking areas included Galway, Wexford, and Kilkenny, all showing solid price growth and strong buyer interest.
At the premium end, Blackrock remains Ireland's most expensive market with a median price of €720,000, though price growth there has stalled at just 0.35%.
On the other hand, the study identified several rural areas struggling with declining prices and low buyer interest.
Mitchelstown was named the least desirable location, suffering a 16.58% price drop and minimal online searches, alongside other towns such as Cootehill and Lifford showing similar downward trends.
Paul Stewart, Managing Director at My Baggage, said: 'Our research shows how property interest is shifting across Ireland, with regional cities like Limerick experiencing substantial growth.
'The combination of reasonable prices and strong price appreciation makes many of these areas extremely attractive to buyers, both domestic and international.'
He added: 'We're seeing more clients shipping household goods outside Dublin than ever before, reflecting this move towards regional centres with strong economic prospects and quality of life advantages.'
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