Tipperary bucks the trend as new buildings up 52% on last year

Just over 400 new residential and commercial buildings were recorded in Tipperary for the first six months of 2012, according to new figures released by GeoDirectory. The figure of 408 represents a year-on-year increase of 52% compared to the same period in 2011 when 269 new buildings were added in the county.

Just over 400 new residential and commercial buildings were recorded in Tipperary for the first six months of 2012, according to new figures released by GeoDirectory. The figure of 408 represents a year-on-year increase of 52% compared to the same period in 2011 when 269 new buildings were added in the county.

Tipperary is one of seven counties that bucked the national trend experiencing an increase in new building additions compared to the same period in 2011.

GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings. The figures area recorded through a combination of the An Post network of 5,600 delivery staff working with OSi.

Across the country, GeoDirectory recorded 5,620 new buildings, consisting of 4,837 residential buildings, 590 commercial buildings and 193 dual-purpose buildings with both residential and commercial components. The new additions for the first six months of 2012 bring the total number of new buildings in the Republic of Ireland to 1,889,143.

New data shows that 658 or 12% of this new commercial and residential stock are vacant. Tipperary has a vacancy rates for new building additions of 12%, in line with the national picture.

The 408 new buildings identified in Tipperary were composed of 345 residential buildings, 43 commercial buildings and 20 were dual-purpose buildings with both residential and commercial elements. These new additions bring the total number of buildings in Tipperary to 73,495.

The increase in new building additions in Tipperary in the first half of 2012 of 52% is in contrast to the 23% fall recorded nationally.

Six other counties (Carlow, Clare, Cork, Galway, Leitrim and Offaly) across the country also bucked the national trend experiencing an increase in new building additions compared to the same period in 2011. The average increase recorded across these counties was 106%, with the largest increase of 323% being recorded in Leitrim, with 127 new buildings added.

The highest increase in new buildings was recorded in Cork City and County where 777 residential and 69 commercial properties were completed during the first half of the year. In contrast, Kerry recorded the lowest number of new additions and the largest year on year decrease of 91%, with 30 residential and just 5 commercial properties completed in the first six months of 2012.