An article from The Irish Times last weekend headed:
A 90-minute off-peak drive from Dublin, for many Gorey is a commuter town. And as property prices continue their upward hike, and the need for new builds across the capital is slowly addressed, Gorey’s affordability and proximity to Dublin is seeing its popularity increase.
Gorey is a relatively new town by Irish standards, coming into existence in 1750 as a market town for the surrounding region of Wexford, but it was in the Celtic Tiger era that the town had its biggest growth explosion, seeing a 44 per cent increase in size between 1996 and 2002, in no small part due to Dubliners relocating south. A busy market town, it is close to the coast with miles of sandy beaches attracting a big summer population.
The main artery to Dublin is the M11, running north from Gorey, past other towns such as Wicklow, Greystones and Bray, as it becomes the N11 and also connects to the M50 at Shankill and, with it, a direct connection around Dublin city. A rough off-peak journey time would be 50 minutes to an hour from Gorey to the southern suburbs of Dublin, and circa 90 minutes to the city centre. However, during peak times this commute time can be as long as 120 minutes. In terms of public transport, two Bus Éireann routes run through the town to Dublin, one connecting south to Rosslare, the other to Waterford. There is also a direct train line from Rosslare to Dublin Connolly – although with a journey time running at two hours from Gorey, the road is a quicker option by and large.
The housing stock
There is a good supply of property for sale and a variety of sites for those keen to build. At entry level, small two-bed cottages can be purchased for €100,000 upwards. At €120,000, two-bed and three-bed terraced homes are available, or €140,000 for a three-bed terraced home or a mews house. Getting up towards €170,000, the options expand greatly with two-, three- and four-bed detached houses available. Just shy of €200,000, one can purchase a modern apartment of over 93sq m (1,050sq ft). Tipping over €200,000, larger detached and semi-detached homes are available, ranging greatly in size and value. The top end of the market is currently around the €600,000 mark for a five-bed period farmhouse set on 1.4 hectares (3.5 acres) of its own land and just a five-minute drive from Gorey town centre.
One of the featured properties was Roney Point, a four-bed, two-bath, dormer bungalow at Askinagarron with an asking price of €365,000 via Kinsella Estates.
If you are considering selling in the South Wicklow and North Wexford areas, call into one of our offices (located in Carnew and Gorey) and chat to any of our expert team or you can contact us online at kinsellaestates.ie. We are happy to facilitate overseas buyers and sellers via Skype or similar, outside of regular office hours.
Alternatively, email me directly on firstname.lastname@example.org or telephone : +353 53 94 21718
Market Updates on Wednesday, January 10, 2018 in News