Gross rental yields in Austria: Vienna, Graz and Salzburg
The average gross rental yield in Austria stands at 3.66% (Q3, 2023).
- Vienna
- Graz
- Salzburg
Last Updated: Aug. 14, 2023 | |||
VIENNA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Donaustadt - District 22 | |||
Studio | €292,410 | €719 | 2.95% |
1-Bedroom | €299,901 | €799 | 3.20% |
2-Bedroom | €419,000 | €1,249 | 3.58% |
3-Bedroom | €656,691 | €1,583 | 2.89% |
Floridsdorf - District 21 | |||
Studio | €232,618 | €699 | 3.61% |
1-Bedroom | €311,700 | €849 | 3.27% |
2-Bedroom | €442,069 | €1,198 | 3.25% |
3-Bedroom | €598,000 | €1,413 | 2.84% |
Favoriten - District 10 | |||
Studio | €216,502 | €689 | 3.82% |
1-Bedroom | €275,005 | €909 | 3.97% |
2-Bedroom | €367,500 | €1,220 | 3.98% |
3-Bedroom | €498,000 | €1,850 | 4.46% |
Döbling - District 19 | |||
Studio | €269,000 | €662 | 2.95% |
1-Bedroom | €420,000 | €1,090 | 3.11% |
2-Bedroom | €635,525 | €1,371 | 2.59% |
3-Bedroom | €1,249,000 | €2,842 | 2.73% |
Währing - District 18 | |||
Studio | €199,000 | €673 | 4.06% |
1-Bedroom | €371,950 | €1,050 | 3.39% |
2-Bedroom | €580,925 | €1,649 | 3.41% |
3-Bedroom | €864,500 | €2,290 | 3.18% |
Penzing - District 14 | |||
Studio | €202,547 | €590 | 3.50% |
1-Bedroom | €309,000 | €810 | 3.15% |
2-Bedroom | €479,900 | €1,350 | 3.38% |
3-Bedroom | €838,625 | €1,820 | 2.60% |
Liesing - District 23 | |||
Studio | €229,320 | €700 | 3.66% |
1-Bedroom | €295,000 | €850 | 3.46% |
2-Bedroom | €450,000 | €1,285 | 3.43% |
3-Bedroom | €650,000 | €1,399 | 2.58% |
Landstraße - District 3 | |||
Studio | €249,900 | €833 | 4.00% |
1-Bedroom | €412,000 | €1,052 | 3.06% |
2-Bedroom | €699,000 | €1,568 | 2.69% |
3-Bedroom | €1,190,000 | €2,390 | 2.41% |
Vienna avg. rental yields | 3.29% | ||
GRAZ - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Graz (all locations) | |||
Studio | €136,914 | €499 | 4.37% |
1-Bedroom | €219,406 | €680 | 3.72% |
2-Bedroom | €340,654 | €949 | 3.34% |
3-Bedroom | €542,520 | €1,299 | 2.87% |
Graz avg. rental yields | 3.58% | ||
SALZBURG - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Salzburg (all locations) | |||
Studio | €179,000 | €750 | 5.03% |
1-Bedroom | €380,000 | €1,322 | 4.17% |
2-Bedroom | €525,000 | €1,855 | 4.24% |
3-Bedroom | €875,850 | €2,215 | 3.03% |
Salzburg avg. rental yields | 4.12% | ||
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 and Immowelt |
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Austria. We used the Immowelt website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).