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How Housing Prices Have Changed in Austria in 2021

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The House Price Index (HPI) increased by 12.3% in 2021 compared to the previous year. It is the highest annual increase since the start of observations in 2010, and it significantly exceeds the values of the years before.

According to Statistics Austria, the housing price index (HPI) increased by 12.3% in 2021 compared to the previous year which is the highest annual increase since the start of observations in 2010. It significantly exceeds the values of years.

Types of housing. Prices for secondary housing increased by 14.2% compared to the previous year. In this group, condominiums rose the most (+15.5%). Private homes purchased by households for living recorded an increase of 12.5% year-on-year. 

The sub-index "purchase of new living space", reflecting the dynamics of prices for new apartments and panel houses, developed less actively. In 2021, this indicator increased by 7.3% compared to the previous year.

Home ownership. In Austria, the share of the main households owning a house or apartment usually exceeded the tenants share. However, since 2010, the home ownership share has decreased from 50.2% to 47.9% in 2021.

The distribution varies greatly depending on the region. Thus, Vienna has an above-average share of tenants (77.2%). On the other hand, in Burgenland only a fifth of the population lives in rented housing.

Rent. The average existing rent in 2021 was €553 per apartment and €8.3 per square meter. For a new lease (up to two years of the previous lease period), the average rent, including operating costs, in 2021 was €640 per apartment and €10.1 per square meter. Compared to last year, the cost per square meter in new buildings increased by 2.9%.

Propreties for sale in Austria:
Apartment for 1 115 000 euro in Vienna, Austria
1 115 000 €
Apartment in Vienna, Austria
62 sq.m 2 1 1
New apartment of 62 sq.m. on the 5th floor of the WerderSix project - in the center of Vienna. Modern design in a renovated historic building. High-quality finishing with modern materials. Ceiling height up to 3.70 m. The new elite Werder Six project is a cozy luxury apartment with a modern design in a renovated historical building. The...
Luxury Immobilien GMBH
Villa for 2 450 000 euro in Upper Austria, Austria
2 450 000 €
Villa in Upper Austria, Austria
260 sq.m 4 4
A wonderful 4 bedroom villa is located at the foot of the Ahlberg Mountain in a very popular residential area, known for its good wine taverns with excellent wine in Klosterneuburg. It combines the idyll of rural life and the convenience of an urban location in an area with good infrastructure: medical centers, schools and good transport links...
Luxury Immobilien GMBH
Flat for 1 400 000 euro in Vienna, Austria
1 400 000 €
Flat in Vienna, Austria
132 sq.m 4 3 2
Luxury four-bedroom apartment with 3 bedrooms in the heart of historic Vienna in an old building built by architect Josef Janl in 1881. If you want not only to eat and sleep, then this apartment is for you! Here you will feel at the turn of the century. An elegant apartment of 132 sq. m. is located on the 3rd floor of a five-storey building on...
Luxury Immobilien GMBH
Penthouse for 5 594 000 euro in Vienna, Austria
5 594 000 €
Penthouse in Vienna, Austria
249 sq.m 2 2 2
Luxury penthouse with an area of 512 sq.m. and 2 bedrooms belongs to the new project Börseplatz 1 in the center of Vienna. An extensive range of services will be available to the owners of this apartment: access to their own wine cellar, underground parking with the possibility of recharging your car, concierge. The developed infrastructure will...
Luxury Immobilien GMBH
Apartment for 875 000 euro in Vienna, Austria
875 000 €
Apartment in Vienna, Austria
49 sq.m 3 2 2
Modern apartment with 2 bedrooms and an area of 49 sq. m. in the center of Vienna. The apartments with high-quality finishes with modern materials were built within the Werder SIix project in an old building made in the architectural style of the Grunder era. Also, the owners will have access to a basement of 2.7 sq. m. The new elite Werder...
Luxury Immobilien GMBH
Apartment for 1 390 000 euro in Vienna, Austria
1 390 000 €
Apartment in Vienna, Austria
86 sq.m 4 4
Luxurious 4 bedroom apartment located in the 19th district of Vienna (Döbling), on Bellevuestraße, between the vineyards and the Wienerwald. The design of this exclusive villa was created to achieve both tremendous open space and the sense of size and altitude. Key features: Total area: 85,86 m2 Garden: 240 m2 Heated...
Luxury Immobilien GMBH
Apartment for 1 349 000 euro in Vienna, Austria
1 349 000 €
Apartment in Vienna, Austria
75 sq.m 2 1 1
Apartment with 1 bedroom, finished and an area of 75.44 sq. m. in the center of Vienna with panoramic views of the city in a new project. Balcony: 4.82 sq. m. The new elite Werder Six project is located in the center of Vienna, cozy luxury apartments with modern design in a renovated historical building. The apartments with high-quality finishes...
Luxury Immobilien GMBH
Apartment for 3 349 000 euro in Vienna, Austria
3 349 000 €
Apartment in Vienna, Austria
133 sq.m 2 1 2
Online Viewing Remote Transaction
Incomparable 2-bedroom apartment with an area of 133.39 sq. m. in the center of Vienna with panoramic views of the city in a new project. The new elite Werder Six project is located in the center of Vienna, cozy luxury apartments with modern design in a renovated historical building. The apartments with high-quality finishes and modern materials...
Luxury Immobilien GMBH
Apartment for 4 799 000 euro in Vienna, Austria
4 799 000 €
Apartment in Vienna, Austria
147 sq.m 2 1
Online Viewing Remote Transaction Credit
Luxury modern apartment with 2 rooms and an area of 147.31 sq. m. in the center of Vienna with panoramic views of the city in a new project. There is a terrace of 129.36 sq. m. The new elite Werder Six project is located in the center of Vienna, cozy luxury apartments with modern design in a renovated historical building. The apartments with...
Luxury Immobilien GMBH
Flat for 7 750 000 euro in Vienna, Austria
7 750 000 €
Flat in Vienna, Austria
343 sq.m 4
General information about the project Skyview Penthouses Number of units: 6 Location: 6th and 7th floor Ceiling height: up to 5.6 m Imperial Lofts Number of units: 6 Location: 4th and 5th floor Ceiling height: up to 7.5 m Luxury Apartments Number of units: 27 Location: 1st, 2nd and 3rd floor Ceiling height: up to 4 m Offices...
Immotrading GmbH
Flat for 440 000 euro in Vienna, Austria
440 000 €
Flat in Vienna, Austria
70 sq.m 3
A completely renovated 3-room apartment is for sale in the 20th district of Vienna, directly at the Hanover market. The apartment was completely renovated in May 2022. It is on the 1st floor of a building with a lift, built in 1955. The approx. 70 m2 of living space are distributed as follows: - Anteroom - Toilet - Bathroom with massage...
Immotrading GmbH
House for 635 000 euro in Austria
635 000 €
House in Austria
330 sq.m 10
The house is a 5-minute walk from the bus station, also 5 minutes from the town centre, school, kindergarten etc. The house has a ground floor, a first floor and an attic (there is a possibility to convert an attic). The total area of the property is 2,438 sqm, of which 304 sqm are building area and 2,134 sqm is a garden. The first flat...
Immotrading GmbH
Flat for 399 000 euro in Vienna, Austria
399 000 €
Flat in Vienna, Austria
47 sq.m 2
This property is located in the heart of Vienna´s 3rd district. There are 33 carefully restored flats in a historical building in the timeless English style, ranging from 30 m² to 140 m²: multifunctional micro-apartments, elegant old-style maisonettes, classic English townhouses with colourful front doors and separate entrances. Location The...
Immotrading GmbH
Villa for 2 895 000 euro in Austria
2 895 000 €
Villa in Austria
227 sq.m 7
This impressive property is located in the villa district of the enchanting spa town of Baden near Vienna, not far from the city center. The real magic is in the details, which we are about to reveal to you. The villa on three levels offers everything one could wish for in a modern lifestyle. In the basement with an area of approx. 120.68 m²...
Immotrading GmbH
Flat for 1 150 000 euro in Austria
1 150 000 €
Flat in Austria
127 sq.m 4
This exclusive 4-room, 126.66 m² apartment with a fantastic lake view in a first-class location in Millstatt is for sale. The breathtaking view extends over the entire Millstätter See all the way to Seeboden. Here you can enjoy the sun and the lake to the fullest, undisturbed. The kitchen is equipped with an exclusive designer kitchen and...
Immotrading GmbH
Flat for 1 500 000 euro in Vienna, Austria
1 500 000 €
Flat in Vienna, Austria
66 sq.m 2
We are happy to offer you a wonderful apartment in best location in the first district for sale! Basic facts: Living area: 66 m2 2 rooms Kitchen and built-in furniture Bathroom with toilet, bath and shower Guest toilet Underfloor heating Ceiling height 3.30 m Location: This property is located in the center of Vienna, in the...
Immotrading GmbH
Flat for 594 000 euro in Vienna, Austria
594 000 €
Flat in Vienna, Austria
54 sq.m 2
Exclusive Living Pleasure in the Heart of Vienna The 1st district, also known as the Inner City, is a captivating neighborhood nestled in the heart of Vienna. Here, history and modernity merge in a unique way. The splendid buildings, cobblestone streets, and charming squares give the district a special aura. Your new home is currently...
Immotrading GmbH
Flat for 479 000 euro in Vienna, Austria
479 000 €
Flat in Vienna, Austria
41 sq.m 2
Exclusive Apartment in the 6th District - Modern Elegance with Smart Home Comfort The 6th district, also known as Mariahilf, is a unique blend of traditional Viennese charm and modern innovation. Here, city life pulsates in a relaxed atmosphere. The bustling streets, cozy cafes, and trendy boutiques give the district a special vitality....
Immotrading GmbH
Flat for 919 000 euro in Austria
919 000 €
Flat in Austria
117 sq.m 5
This unique maisonette apartment offers exclusive living comfort in a sought-after location. With a living space of approximately 117.06 m², it spans two floors and is in first occupancy, ensuring the most modern living luxury. Highlights: 5 rooms, 2 bathrooms, 2 separate toilets 3 loggias and 3 terraces with a total area of approximately...
Immotrading GmbH
Flat for 1 610 000 euro in Vienna, Austria
1 610 000 €
Flat in Vienna, Austria
147 sq.m 4
The exclusive property is located in the prestigious 13th district of Vienna, in the sought-after neighborhood of Hietzing. This quiet and green environment is known for its upscale residential quality, historical landmarks, and first-class quality of life. Infrastructure: Furtwänglerplatz park, a large playground, kindergarten, school,...
Immotrading GmbH

Source: Statistik Austria

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