Gross rental yields in Ireland: Dublin and Cork
The average gross rental yield in Ireland stands at 8.10% (Q3, 2024). Previously, in Q1, 2024 the average gross rental yield stood at 7.85%.
- Dublin
- Cork
| Last Updated: Jul. 23, 2024 | |||
| DUBLIN - All Dwelling Types | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Dublin (all locations) | |||
| 1-Bedroom | €285,000 | €1,700 | 7.16% |
| 2-Bedroom | €382,500 | €2,495 | 7.83% |
| 3-Bedroom | €480,000 | €3,000 | 7.50% |
| 4+Bedroom | €895,000 | €4,500 | 6.03% |
| Dublin avg. rental yields | 7.13% | ||
| CORK - All Dwelling Types | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cork (all locations) | |||
| 1-Bedroom | €215,000 | €1,695 | 9.46% |
| 2-Bedroom | €265,000 | €2,000 | 9.06% |
| 3-Bedroom | €332,500 | €2,533 | 9.14% |
| 4+Bedroom | €555,000 | €4,000 | 8.65% |
| Cork avg. rental yields | 9.08% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Daft |
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Ireland's Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Ireland. We utilized the Daft website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).