More than 5,000 people in Ireland now own a property worth €1 million or more, according to new statistics from property website

In total 5,305 people can now be classed as property millionaires according to the company, a 9% hike since June.

Daft’s latest Wealth Report also found the total value of all residential property in Ireland is now €450 billion.

That is an increase of 7%, or €150 million every single day since June of this year alone, when the figure stood at €420 billion.

Perhaps not surprising to keen-watchers of the property pages, the Dublin suburb of Foxrock is the most expensive area anywhere in Ireland.

Buying a home there will cost a buyer €872,000 on average.

As a consequence, it also has the highest concentration of property millionaires in the country at 1,452, followed by Dalkey and Blackrock.

But when it comes to the single most expensive street, Eglington Road in the Dublin 4 suburb of Donnybrook takes the title.

On that thoroughfare alone, five properties have sold for at least €3.5 million in the past year-and-a-half the report says. 

As a result, overall Dublin remains the priciest county in Ireland for property.

But beyond the capital, Co Wicklow comes in as the most expensive market.

In the village of Enniskerry, the average price of a residential property is €639,000.

This is followed by Delgany at an average value of €490,000 and Greystones at €437,000.

Kinsale is the most expensive place to buy in Munster, with a house costing €384,000 on average, followed by Crosshaven €294,000 and Bandon €293,000.

In Connacht-Ulster, homes in Kinvara in Galway are the most valuable at €332,000, followed by Oughterard (€239k) and Westport in Mayo (€234k).

The best value though can be found in Roscommon and Donegal which are the least expensive counties.