Tuesday, February 09, 2016

Spring 2016 – Kilcullen Property Update

Kilcullen is a very desirable place to live.
It's Spring already — Christmas is a distant memory and we at Appleton Property are busy valuing property for the upcoming sales season, writes Austin Egan. In order to value property accurately we must look closely at what happened in the local market in 2015 and assess what is happening now and how it may impact on values at present and in the immediate future.

2015 was a strong year nationwide for property sales and despite the restricting influence of the new mortgage rules introduced, the market continued to move forward. 2016 and the post-election environment will most likely see some further changes to mortgage lending practices and it is likely some incentives for first time buyers will emerge.

The fundamentals for Kilcullen remain unchanged. Demand continues to outstrip supply. We simply don’t have enough houses in Kilcullen to meet the demand from those who want to live here. Kilcullen is a very desirable location. Throughout the year we are speaking to people who just love the feel of the town and want to live in the town itself, or in the surrounding countryside.

The size of the town is a very attractive feature for many who are looking for a nice safe place to settle, integrate, socialise, and raise their families.

Kilcullen has enviable facilities which are literally second to none. Our buyers see the Sports Complex, the GAA, Pitch & Putt, AFC & Astro-Turf, Scout Den, Boxing Club, all the Playing Fields, New Playground, extended and renovated Primary & Secondary Schools, other Educational options within easy reach, River-side and Country Walks, Motorway Access, no Traffic Lights at all onto the M50, a short drive to Newbridge Park and Ride Rail Link to Dublin. All this, on the periphery of our lovely town with its friendly pubs and renowned restaurants, world class butchers ,the pharmacy, doctors surgeries, supermarket, convenience stores, petrol stations, coffee shops, hairdressers, craft shops, shoe-makers, saddlery, post office, professional service providers and all the many elements required to have a fully functioning town.

In 2015 many of our buyers were Kilcullen natives moving house within the community, some trading up and some trading down. There is also a good level of investor activity given the low quantity of rental property in the town and the consequent rental levels providing a strong yield for investors.

In 2016 we expect stronger results than what was a very successful year in 2015. You can benefit from our performance. Choosing us as your local agent will ensure you have a dedicated agent at your service with complete knowledge of the area. Look no further than your local agent to sell or rent your home.

Austin Egan is Managing Director of Appleton Property, Main St. Kilcullen, 045 482 759.

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