Munster · Updated March 2026

Property Guide:
Waterford

Ireland's oldest city with an improving economy. The SETU campus drives rental demand, and the North Quays regeneration is expected to push city-centre prices. Currently one of the most affordable cities in the southeast.

€260,000
Median House Price
32% below national median
+7.0%
Year-on-Year Growth
National: +7.0%
€345,000
LAHL Price Limit
From April 2026
€1,400
Avg Monthly Rent
Yield: 6.5%

Buying a Median-Priced Home in Waterford

Median property price€260,000
Deposit required (10%)€26,000
Mortgage needed (90%)€234,000
Income needed (3.5x rule)€66,857
Monthly repayment (3.5%, 30yr)€1,051/mo
Stamp duty (1%)€2,600
Local Property Tax (est.)€268/yr
Average BER ratingD2

Market Highlights — Waterford 2026

Key Towns & Areas

Waterford CityDungarvanTramoreDunmore EastLismore

Useful Calculators for Waterford Buyers

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About the Property Market in Waterford

The median house price in Waterford is €260,000, which is 32% below national median. Prices have grown by 7.0% over the past year, slightly below the national average of 7.0%.

Under the Local Authority Home Loan scheme (updated April 2026), the maximum property price in Waterford is €345,000. Single applicants can earn up to €80,000 and joint applicants up to €85,000. This government-backed mortgage offers fixed rates from 3.35% for the full term — significantly below most commercial rates.

The average BER rating for homes in Waterford is D2, meaning most Waterford homes have real room for energy improvement. Homes with a BER of B2 or better typically sell faster and for 10-15% more. SEAI grants of up to €25,000+ are available for insulation, heat pumps, solar panels, and windows. Check your grant eligibility.

For landlords, the March 2026 rental law changes apply to all new tenancies in Waterford. Average rents are €1,400/month, giving a gross rental yield of 6.5%. Read our landlord compliance guide.

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