Australian Expats Moving to Ireland

How to Navigate the Irish Property Market

Relocating to Ireland from Australia is an exciting step, but understanding the Irish property market can be challenging. Whether you’re an Australian expat buying property in Ireland for investment or planning to settle permanently, knowing the right steps can make the process smoother.

This comprehensive guide covers everything you need to know about moving to Ireland from Australia, including key insights into the Irish property market for Australians, legal considerations, financial aspects, and expert tips on buying a house in Ireland as an Australian.

Why Are Australians Moving to Ireland?

Many Australians choose to relocate to Ireland for various reasons:

• Work Opportunities: Ireland is home to many global companies, particularly in the tech, finance, and pharmaceutical industries.
• Lifestyle and Culture: The welcoming community, rich history, and scenic landscapes make Ireland an attractive destination.
• Proximity to Europe: Living in Ireland provides easy access to the rest of Europe for travel and business.
• Family Connections: Many Australians have Irish ancestry and wish to reconnect with their heritage.
• Investment Potential: The Irish property market offers great opportunities for long-term investors.

Understanding the Irish Property Market

Current Market Trends (2025 Update)

The Irish property market for Australians remains competitive, with high demand in urban centres and steady growth in rural areas. Here’s a snapshot of the current market:

• Dublin remains the most expensive city, with high rental yields and strong job opportunities.
• Cork, Galway, and Limerick offer more affordable housing while still providing a high quality of life.
• Coastal and rural areas are becoming increasingly popular among retirees and remote workers.

Average Property Prices in Ireland (2025)

Buying a House in Ireland as an Australian

Can Australians Buy Property in Ireland?

Yes! Unlike some countries, Ireland does not have restrictions on foreign buyers, making it easy for Australians to invest in property.

Step-by-Step Guide to Buying Property in Ireland

1. Choose Your Location

Consider your needs—do you want to live in a bustling city, a scenic coastal town, or a quiet rural area?

• Dublin – Ideal for professionals, expats, and investors.
• Cork – Great for families, with a mix of city and coastal living.
• Galway – Perfect for those seeking cultural vibrancy and scenic beauty.
• Limerick – An affordable alternative with a growing tech and business sector.
• Rural Ireland – Ideal for retirees or those seeking a quieter lifestyle.

2. Set a Budget and Secure Financing

Most Irish banks offer mortgages to residents, but expats may face stricter lending requirements. Australian expats buying property in Ireland should prepare for a 10-30% deposit and proof of stable income.

3. Find a Property

Use trusted property portals like:

• Daft.ie
• MyHome.ie
• Property.ie

4. Hire a Solicitor

A solicitor will handle legal checks, contracts, and ensure the property title is clear.

5. Get a Survey Done

Property surveys are recommended to check for structural issues.

6. Secure a Mortgage (If Needed)

Irish banks such as AIB, Bank of Ireland, and Permanent TSB offer mortgages, but non-residents may need additional documentation.

7. Sign the Contract and Pay the Deposit

Once your solicitor approves the property, you’ll sign a contract and pay a 10% deposit.

8. Complete the Sale

The final payment is made, and the property is legally transferred to your name.

Taxes and Legal Considerations

Key Property Taxes in Ireland

• • Local Property Tax (LPT): Based on property value, typically ranging from €90 to €2,000 per year.
  • Capital Gains Tax (CGT): 33% on profits from selling a property (unless it is your primary residence).

• Stamp Duty

1. 1% of the purchase price up to a value of 1 million
2. 2% on the remaining purchase price up to a value of 1.5 million
3. 6% on any remaining value over 1.5 million
4. If your purchase is the purchase of a new build, the stamp duty will be as per the rates noted at (1) to (3) above but exclusive of VAT.

Legal Requirements for Expats

• No Visa Needed for Short Stays: Australians can stay in Ireland for up to 90 days without a visa.
• Residency Permits Required for Long-Term Stay: If you plan to stay longer than 3 months, you’ll need an Irish Residency Permit (IRP).
• Work Permits: If moving for employment, an employment visa is required.

Renting Before Buying: A Smart Move for Expats

Many Australian expats buying property in Ireland choose to rent first to explore different locations before making a long-term investment.

Average Monthly Rental Costs (2025)

• Dublin: €2,200 – €3,500
• Cork: €1,600 – €2,400
• Galway: €1,400 – €2,000
• Limerick: €1,200 – €1,800
• Waterford: €1,000 – €1,500

Relocating to Ireland from Australia: Tips for a Smooth Transition

1. Open a Bank Account in Ireland

To manage finances efficiently, open an account with Bank of Ireland, AIB, or Permanent TSB.

2. Transferring Money from Australia

Use services like Wise or OFX to get better exchange rates than traditional banks.

3. Understanding Irish Healthcare

Ireland has public and private healthcare options. Expats may need private health insurance for quicker access to services.

4. Getting an Irish Driving Licence

Australians can drive in Ireland using their Australian licence for up to 12 months, after which it must be exchanged for an Irish licence.

5. Embracing Irish Culture

Irish culture is warm and welcoming, with a strong emphasis on community, music, and sports. Socialising at pubs, engaging in local events, and exploring Ireland’s scenic landscapes are great ways to integrate.

Investment Potential for Australian Expats

Best Areas for Property Investment

• Dublin: High rental demand, excellent for buy-to-let investors.
• Cork & Galway: Growing job markets, making them attractive for long-term investments.
• Limerick & Waterford: More affordable options with increasing demand.

Why Invest in Irish Property?

• Strong rental market with high yields.
• Stable economy and growing expatriate population.
• Proximity to Europe makes it a great investment location.

Final Thoughts

Moving to Ireland from Australia presents exciting opportunities, whether you’re relocating for work, lifestyle, or investment. The Irish property market for Australians is welcoming, with various locations and price points to suit different needs.

By following this guide and planning your move carefully, you can make a smooth transition and successfully buy a house in Ireland as an Australian expat.

Partnering with the right professionals can make all the difference. McKenna & Co Solicitors is a trusted legal firm that specialises in property law, commercial transactions, and personal legal matters. With a quick response rate, high client satisfaction, and extensive expertise, we provide tailored legal guidance to Australian expats looking to buy or invest in Ireland. Get in touch today to discuss your property needs with a trusted legal expert. Visit McKenna & Co Solicitors to learn more about how we can support your journey to owning property in Ireland. 

Start planning today and make your dream move a reality!