Blog post by Angela McCabe and Owen Reilly, May 24th 2016
The villages that dot South County Dublin are all unique and desirable. We have acted recently for a number of clients in Cabinteely and we are charmed. Located to the west of the N11 Dublin to Wexford Road, it was hived off in the 1980s into a quiet enclave when the Cabinteely by-pass was created. A very intact main street features an eighteenth-century Garda Station and the landmark Horse & Hound pub, and the village is replete with convenient shops, restaurants and amenities that include an original Carnegie Library and specialist garden centres. The 45-acre Cabinteely Park is a unique draw for families; adjacent to the village, it features parkland, eighteenth-century Cabinteely House and, for the young at heart, a vast sandpit. Within easy reach of Wicklow, residents at the same time enjoy access by bus on the N11 to the city centre within twenty-five minutes, while the Luas green line is within easy reach in Carrickmines.
Varied housing stock but new homes in short supply
In Cabinteely, vernacular village cottages mix with Georgian farmhouses and villas on Brennanstown Road and highly-desirable housing schemes include Lambourne Wood and Holmwood. Apartments also feature; on Old Bray Road is the Tudor Homes-built Brennanstown Square set in impeccably maintained gardens while, to the east of the N11 on Johnstown Road, upmarket apartment schemes include St Gabriel’s alongside the more mature leafy housing developments of Maple Manor and Marlfield. Immediately north of the village is The Park. Created by Park Developments in the 1980s, the sought-after development features hills, mature trees and even a lake; it also has its own small shopping centre, crèche and St Brigid’s girls’ national school. What is in short supply however, is new and additional housing stock. On Brennanstown Road Cairn Homes have acquired a significant site for which they are considering options, while O’Flynn Construction are seeking permission to build on their site on Old Bray Road – both developments will be watched eagerly.
Consistent demand and strong prices
All Cabinteely listings attract great interest – in particular from families; a semi-detached home in Marlfield has just been sold by this firm to a first-time buyer while, among the investors, we observe those who regard property, not only as a secure investment, but also somewhere to retire at a later date. While the market rose and fell back during 2015, prices in Cabinteely remained strong. This reflects low availability and the overall recovery but, most of all, how highly Cabinteely is regarded by prospective home-owners. The detached and semi-detached homes in The Park are always sought after; an average price of €3,928 per square metre for a home in The Park in 2010 has increased to €4,244 in 2015. (The 2015 record price in The Park was achieved for a four-bedroom, 142 square metre (1,528/sq foot) dormer bungalow – sold in March for €670,000). Asking prices in Cabinteely are also consistently above asking; our firm recently sold a property at Brennanstown Square for €25,000 above asking. We expect continuing price growth in charming Cabinteely – a most convenient and family-friendly neighbourhood.
Blog post by Angela McCabe and Owen Reilly, May 24th 2016