Revealed: The average deposit you need to buy a house in each county

Report: House prices country-wide are up 46 pc from their lowest point in 2013
Report: House prices country-wide are up 46 pc from their lowest point in 2013

What will your deposit get you around the country?

It has been revealed that Roscommon is the cheapest county in Ireland to buy a house in, while South County Dublin remains the most expensive, according to

First-time buyers in Co Roscommon pay an average deposit of €13,000, while those in South Dublin must stump up an average of €56,300.

According to Daft's second quarterly report of the year, house prices country-wide are up 46 pc from their lowest point in 2013, with Dublin driving the price increase.

Discounting the capital, Leinster remains the most expensive province to buy a house in.

According to Central Bank rules implemented last year, first-time buyers must now provide a deposit worth 10pc of the property’s asking price. This is compared to 20 pc for the rest of the market on anything more expensive than €220,000.

Here’s how much of a desposit you'll need for houses around the country:


Co. Galway - €18,231

Galway City - €26,854

Leitrim - €12,388

Mayo - €14,562

Roscommon - €12,967

Sligo - €13,389

Leinster (ex. Dublin)

Carlow - €17,651

Leinster (excluding Dublin)

Carlow - €17,651

Kildare - €25,368

Kilkenny - €21,017

Laois - €16,430

Longford - €12,881

Louth - €21,008

Meath - €24,990

Offaly - €17,057

Westmeath - €18,402

Wexford - €19,753

Wicklow - €31,484


North side: €30,247

City Centre: €29,635 (prices closely resemble those in Galway City)

West Dublin:  €29,707

South side: €56,344


Clare - €16,549

Tipperary - €16,295

Co Cork - €20,668

Cork City - €25,620

Co Limerick - €17,086

Limerick City - €17,720

Kerry - €17,968

Co Waterford - €20,473

Waterford City - €15,886


Cavan - €14,913

Donegal - €14,522

Monaghan - €16,056

Prices set to rise further

Those looking to buy a house would be advised to enter the property market before prices rise further, as predicted in Daft's report, written by economist Ronan Lyons. Prices are expected to rise by as much as 14 pc this year, though they rose by just 8 pc last year and 8.5 pc in 2015. Dublin is expected to drive the dramatic increase and will likely experience more severe price hikes than other counties.

These increases may relate to a change in Central Bank mortgage rules, according to Mr Lyons. Last year deposits required from first-time buyers fell from 20 pc to 10 pc, benefiting those seeking expensive properties the most. Greater access to the market for first time buyers has increased demand, which is a major underlying cause of the problem.

Mr Lyons has predicted that Ireland needs to supply between 40,000 and 50,000 new homes each year to rectify the housing shortfall. He believes that Ireland is suffering from a simple supply and demand issue, which is intrinsically linked to rising property prices.

Full details of the report can be found here.

Rebecca Lumley