Gross rental yields in Austria: Vienna, Graz and Salzburg
The average gross rental yield in Austria stands at 3.57% (Q1, 2024). Previously, in Q3, 2023 the average gross rental yield stood at 3.66%.
- Vienna
- Graz
- Salzburg
| Last Updated: Feb. 01, 2024 | |||
| VIENNA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Donaustadt - District 22 | |||
| Studio | €239,000 | €870 | 4.37% |
| 1-Bedroom | €301,001 | €938 | 3.74% |
| 2-Bedroom | €435,000 | €1,467 | 4.05% |
| 3-Bedroom | €674,776 | €1,599 | 2.84% |
| Floridsdorf - District 21 | |||
| Studio | €232,618 | €703 | 3.63% |
| 1-Bedroom | €299,843 | €838 | 3.35% |
| 2-Bedroom | €454,090 | €1,198 | 3.17% |
| 3-Bedroom | €622,400 | €1,750 | 3.37% |
| Favoriten - District 10 | |||
| Studio | €199,500 | €872 | 5.24% |
| 1-Bedroom | €265,003 | €1,025 | 4.64% |
| 2-Bedroom | €360,000 | €1,495 | 4.98% |
| 3-Bedroom | €499,700 | €1,840 | 4.42% |
| Döbling - District 19 | |||
| Studio | €232,000 | €775 | 4.01% |
| 1-Bedroom | €420,000 | €1,050 | 3.00% |
| 2-Bedroom | €639,000 | €1,695 | 3.18% |
| 3-Bedroom | €1,119,000 | €2,300 | 2.47% |
| Währing - District 18 | |||
| 1-Bedroom | €343,600 | €865 | 3.02% |
| 2-Bedroom | €569,800 | €1,695 | 3.57% |
| Penzing - District 14 | |||
| 1-Bedroom | €308,400 | €935 | 3.64% |
| 2-Bedroom | €469,000 | €1,450 | 3.71% |
| Liesing - District 23 | |||
| 1-Bedroom | €284,000 | €850 | 3.59% |
| 2-Bedroom | €410,970 | €1,299 | 3.79% |
| 3-Bedroom | €643,000 | €1,399 | 2.61% |
| Landstraße - District 3 | |||
| 1-Bedroom | €410,100 | €1,021 | 2.99% |
| 2-Bedroom | €699,000 | €1,569 | 2.69% |
| 3-Bedroom | €999,000 | €2,460 | 2.95% |
| Vienna avg. rental yields | 3.64% | ||
| GRAZ - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Graz (all locations) | |||
| Studio | €149,000 | €531 | 4.27% |
| 1-Bedroom | €214,600 | €699 | 3.91% |
| 2-Bedroom | €333,631 | €945 | 3.40% |
| 3-Bedroom | €535,114 | €1,275 | 2.86% |
| Graz avg. rental yields | 3.61% | ||
| SALZBURG - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Salzburg (all locations) | |||
| 1-Bedroom | €445,000 | €1,280 | 3.45% |
| 2-Bedroom | €550,000 | €1,657 | 3.62% |
| Salzburg avg. rental yields | 3.53% | ||
| 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 |
|||
Austria's Historic Rental Yield Data
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).