Compare places
Choose up to three municipalities or districts to set their figures side by side.
The figures side by side
| Measure | Cork City |
|---|---|
| Price per m² | — |
| Change in a year | — |
| Change in five years | — |
| Affordability | |
| Payment, two incomes | 19% |
| Payment, one income | 38% |
| Buy or rent | |
| Rent per month | €1,701 |
| Owning per month | €1,552 |
| New homes | |
| Permitted, 12 months | 3,396 |
| Per 1,000 residents | 15.2 |
| Past cycles | |
| Deepest fall | −42.0% |
| Recovery from the low | 42 months |
Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.
Every report
Affordability
Cork City
At the average sale price, a home costs €403,435. With 10% down and a 30-year mortgage, the payment is €1,620 a month. Ireland sets no cap on the payment; the Central Bank limits most mortgages to four times gross income for first-time buyers and 3.5 times for others.
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Buy or rent
Cork City
Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average rent of the tenancies registered with the RTB in the year. Repaying the loan is saving, so it is left out.
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New homes
Cork City
77.7% more homes were granted planning permission in the last 12 months than in an average year of the past decade.
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Past cycles
Cork City
Sale prices have fallen by 3% or more 7 times since 2010. The deepest began in Q2 2010.
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