Mortgage Repayments More Expen...


Mortgage Repayments More Expensive Than Rent In Dublin 4 & 6

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Dublin 4 and Dublin 6 remain two of the most expensive areas for property in the country, according to a new property report.

They are also the only places in the country where renting a three bedroom home is cheaper than mortgage repayments.

In every other part of the capital, and in the country as a while, it is cheaper - and close to half the cost in some cases - to pay a mortgage than rent the same property.

The price of rent has risen by 1% in Dublin in the first three months of year and is up 2% nationally - the largest quarterly increase since 2018.

The report shows the average rent nationally is more than €1,400 euro and up over 90% on 10 years ago.

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