Property prices continue to rise in Austria and yields are poor
Last Updated: Sept. 14, 2022 | |||
VIENNA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Donaustadt - District 22 | |||
Studio | €301,411 | €670 | 2.67% |
1-Bedroom | €315,000 | €792 | 3.02% |
2-Bedroom | €409,001 | €980 | 2.88% |
3-Bedroom | €678,450 | €1,499 | 2.65% |
Floridsdorf - District 21 | |||
Studio | €234,000 | €699 | 3.58% |
1-Bedroom | €334,001 | €849 | 3.05% |
2-Bedroom | €414,772 | €1,149 | 3.32% |
3-Bedroom | €550,001 | €1,623 | 3.54% |
Favoriten - District 10 | |||
Studio | €202,789 | €699 | 4.14% |
1-Bedroom | €275,000 | €765 | 3.34% |
2-Bedroom | €440,000 | €999 | 2.72% |
3-Bedroom | €545,000 | €1,749 | 3.85% |
Döbling - District 19 | |||
Studio | €595,000 | €628 | 1.27% |
1-Bedroom | €640,000 | €929 | 1.74% |
2-Bedroom | €990,000 | €1,279 | 1.55% |
3-Bedroom | €1,490,000 | €1,965 | 1.58% |
Währing - District 18 | |||
Studio | €229,000 | €619 | 3.24% |
1-Bedroom | €395,722 | €865 | 2.62% |
2-Bedroom | €610,980 | €1,150 | 2.26% |
3-Bedroom | €835,000 | €1,574 | 2.26% |
Penzing - District 14 | |||
Studio | €202,813 | €613 | 3.62% |
1-Bedroom | €289,900 | €790 | 3.27% |
2-Bedroom | €429,900 | €1,100 | 3.07% |
3-Bedroom | €860,069 | €1,605 | 2.24% |
Liesing - District 23 | |||
Studio | €219,001 | €598 | 3.28% |
1-Bedroom | €269,000 | €849 | 3.79% |
2-Bedroom | €449,000 | €1,149 | 3.07% |
3-Bedroom | €549,001 | €1,399 | 3.06% |
Landstraße - District 3 | |||
Studio | €198,000 | €650 | 3.94% |
1-Bedroom | €399,000 | €911 | 2.74% |
2-Bedroom | €679,600 | €1,546 | 2.73% |
3-Bedroom | €1,199,000 | €2,345 | 2.35% |
Vienna avg. rental yields | 2.89% | ||
GRAZ - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Graz (all locations) | |||
Studio | €144,267 | €495 | 4.12% |
1-Bedroom | €201,000 | €649 | 3.88% |
2-Bedroom | €299,000 | €899 | 3.61% |
3-Bedroom | €398,385 | €1,130 | 3.40% |
Graz avg. rental yields | 3.75% | ||
SALZBURG - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Salzburg (all locations) | |||
Studio | €209,000 | €744 | 4.27% |
1-Bedroom | €424,200 | €1,042 | 2.95% |
2-Bedroom | €641,350 | €1,359 | 2.54% |
3-Bedroom | €1,089,000 | €1,680 | 1.84% |
Salzburg avg. rental yields | 2.90% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Get updated rental yields data for 75 countries
Property prices in Vienna continue to increase even after the pandemic. Therefore, you can expect that gross rental yields - the return on investment on a property before all expenses - are weak. But you can generate higher yields in less expensive districts. It all depends on where you buy.
Moderate yields can be generated in Floridsdorf, Penzing, Favoriten, Liesing, and Landstraße, where apartment prices are around EUR 5,000 to EUR 11,000 per square metre (sq. m.). Gross rental yields in these districts range from 2.5% to 4%.
In Salzburg, approximately 200 miles apart from Vienna, apartment prices and rents tend to be pretty close to Viennese levels. Salzburg´s gross rental yields range from 1.84% to 4.27%.
More affordable apartments can be found in Graz. Gross rental yields in Graz are slightly better than in Salzburg - ranging from 3.40% to 4.12%.
Round trip transaction costs are high residential property in Austria. See our Residential transaction cost analysis for Austria.
Austria - More data and information
- How expensive are houses in Austria, compared to the rest of Europe?
- Property prices in Austria. Graph of house price trends in Austria
- How much rent can be earned from Austrian property, compared to the rest of Europe?
- How much tax must foreign owners pay when they rent out their Austrian property?
- Where to by property in Austria