Planning permissions has been approved on Residential lands for 35 dwellings since the adoption of the current development plan (June 2014). Of these 35 dwellings Commencement Notices have been submitted for 13 of them. This shows that the housing development carried out to date in the County falls far short of the identified requirement in the Core Strategy. 2.5 Social Housing The number of persons of the social housing waiting list for a dwelling in County Cavan (minus Cavan Town) is 613. This figure clearly indicates that there is a demand for social housing in the town. 2.6 County House and Rental Prices Table 2 Average Asking Price and Monthly Rents 1 bed % annual 2 bed % annual 3 bed % annual 4 bed % 5 bed % annual Period Apt change terrace change semi d change bungalow annual detached change change Average asking price (Sale Price) Q1 7.0% 6.4% 4.8% 3.8% -4.2% €48 €63 €91 €174 €188 2018 Q1 -1.2% 16.2% 12.4% 4.8% 9.1% €45 €59 €87 €168 €197 2017 Average Monthly Rents (Rental Price) Q4 9.5% 9.0% 8.3% 8.4% -0.9% €478 €645 €703 €725 €541 2017 Q4 9.1% 11.2% 7.9% 9.9% 15.0% €436 €496 €595 €648 €732 2016 Source Daft.ie The table above shows the average asking price for houses for sale and the average monthly rents for residential units for sale over the past 2 years. The increases in asking and rental prices over the past 2 years are an indication of increasing demands and shortage of supply. 2.7 Percentage of Residential for Sale or Rent 3 Percentage of Resideital Units for Sale or Rent Settlement Housing Number of Number of % units for Stock Units for for Numbers of sale/rent of Sale Rent May Units for total May 2018 2018 sale or rent
Planning permissions has been approved on Residential lands for 35 dwellings since the adoption of the current development plan (June 2014). Of these 35 dwellings Commencement Notices have been submitted for 13 of them. This shows that the housing development carried out to date in the County falls far short of the identified requirement in the Core Strategy. 2.5 Social Housing The number of persons of the social housing waiting list for a dwelling in County Cavan (minus Cavan Town) is 613. This figure clearly indicates that there is a demand for social housing in the town. 2.6 County House and Rental Prices Table 2 Average Asking Price and Monthly Rents Period 1 bed Apt % annual change 2 bed terrace % annual change 3 bed semi d % annual change 4 bed bungalow % annual change 5 bed detached % annual change Average asking price (Sale Price) Q1 2018 €48 7.0% €63 6.4% €91 4.8% €174 3.8% €188 -4.2% Q1 2017 €45 -1.2% €59 16.2% €87 12.4% €168 4.8% €197 9.1% Average Monthly Rents (Rental Price) Q4 2017 €478 9.5% €541 9.0% €645 8.3% €703 8.4% €725 -0.9% Q4 2016 €436 9.1% €496 11.2% €595 7.9% €648 9.9% €732 15.0% Source Daft.ie The table above shows the average asking price for houses for sale and the average monthly rents for residential units for sale over the past 2 years. The increases in asking and rental prices over the past 2 years are an indication of increasing demands and shortage of supply. 2.7 Percentage of Residential for Sale or Rent 3 Percentage of Resideital Units for Sale or Rent Settlement Housing Stock Number of Units for Sale May 2018 Number of for Rent May 2018 Numbers of Units for sale or rent % units for sale/rent of total
Cavan%20VSL%20variation.docx