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€113,000 Difference Between Mortgage Values & Median House Price.

Stock image: Pixabay

Figure is based on the maximum mortgage draw-down for Kildare's median wage.

There's a €113,000 disparity between average Kildare house prices and the maximum mortgage allowable on the median wage.

An analysis of CSO data shows a person on a median income and a 20 percent deposit can only buy a home in Cavan, Donegal, Leitrim, Longford, Mayo, Roscommon and Sligo.

The maxium mortgage available in Kildare on a median salary is € 207,307

The median house price here is € 320,000

Kieran McQuinn, a research professor at the ESRI, says the result illustrates Ireland's high property prices.


Estimated max mortgage for someone earning the median wage and with a 20% deposit:
Dublin: €217,000
Kildare: €207,307
Wicklow: €204,246
Meath: €193,335
Louth: €166,671

Actual median house price (as of December 2020, based on CSO property price index)
Dublin (Fingal): €352,000
Kildare: €320,000
Wicklow: €349,000
Meath: €285,000
Louth: €215,000

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