The price of renting in Naas has seen a huge increase since the arrival of Kerry Group

The price of renting a house in Naas town rocketed over the eighteen month course directly after pharmaceutical giants Kerry Group set up a major new factory on the outskirts of the town in 2013. The company generated 400 jobs during the construction phase, which began in July 2013 and went was ongoing until August of this year, which led to many workers from all over the country moving to the town. The average price per month to rent a four bedroom semi-detatched house in Naas was €894 in 2012, but this rose by 12.5% to €1007 per month by the end of 2014. Figures from the PRTB website show that there is a rise across the board in all types of housing in the Naas area, with many people also living in the town while commuting to work in Dublin because of the high rates of rent in the capital. The price of renting a three bedroom semi-detatched house also saw a similar increase, with an average hike of 11.15% in on renting that particular type of property in the area. The national average for the the increase in rental prices is 8.5%, meaning Naas property prices are increasing at a more accelerated level than most of the country.

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