Whats the typical Gross Yield in Dublin these days?

[ringledman]

With the recent price falls in Dublin, what sort of gross yield is currently available on apartments?

When I was there last year I reckon around 5-6%? Still overpriced I think. 7-8% and things could be worth a look.

 

[murphaph]

I think rents have a lot more falling to do, at least until all vacant units in popular areas (read: not housing estates in the middle of nowhere) are mostly filled. I expect my tenants to look for a further reduction at the end of their lease in April. Will have to probably concede on it as I'm probably a touch over the going rate in the area. I think rents lag property price falls because of artificial floors in the rental sector that take a budget to clear, like Rent Supplement and RAS rates etc.