Rental income-Limerick - need guidance

[stevo]

I have an investment property in Corbally Limerick.
It's a standard 3-bed semi, approx 12 years old, good nick, 10 min walk from O'Connell Street.

I believe rental incomes in Limerick have increased substantially recently.

Would anyone have any guidance on what the going rent is these days in this part of Limerick?

 

[xman]

Looks like €900 - €1,000 a month is the going rate for a 3 bed in Corbally.

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[MrMan]

I'd say you're looking at €850. 10 mins walk seems an optistic estimate

 

[mercman]

Also refer to the report on DAFT yesterday, where the rental market appears to be levelling off as there is a glut of rentals on the market. The next stage I would say is that rentals will soon start dropping back to the levels of early 2007

 

[z104]

900 for a 3 bed house in Corbally would be fairly reasonable.

 

[z106]

Also refer to the report on DAFT yesterday, where the rental market appears to be levelling off as there is a glut of rentals on the market. The next stage I would say is that rentals will soon start dropping back to the levels of early 2007

For my tuppence I would think this may be incorrect.

WIthout havig a history of recent years average rebntals, I think rentals were static and then dropped for a while before rising again a few years ago.

The rises come in spurts.

We had the spurt recently - it may fall back slightly - but not a lot is my guess.

 

[Trustmeh]

You should be able to get at least 300 for each bedroom or 900 for the whole house. Last I rented in Sept I had a dozen replies. Good luck. Let us know how you get on though...Limerick has a different market that i dont think can be measured accurately on daft.