Austrian Property Prices on the Rise

Professional ServicesReal Estate ♦ Published: September 14, 2012; 12:24 ♦ (Vindobona)

Since 2009, the average increase in property prices in Austria came at 18.5%. Above all, the demand in land is growing substantially.

Austrian Property Prices on the Rise / Picture: © Vindobona.org

According to the property supplier Immobilien.net, the highest price increase was observed in Upper Austria (+30%), followed by Styria (+28.5%) and Vienna (+23%). Since the beginning of 2009, demand in properties was up by 150% on average. In Vienna, demand increased by 60%.

The lowest price increase was observed in Lower Austria (+4.4%) and Burgenland (+6%). With an average land…