The situation of private households in Austria is statistically analyzed using various indicators. The data is based, among other things, on sample surveys. Statistics Austria (e.g. microcensus housing survey of main residences or EU-SILC income and living conditions).
According to the microcensus conducted by Statistics Austria, the average living space in square meters per person in Austria ranges from 30,2 to 56,2 m², with the largest available living space per person in home and apartment ownership. Statistically, satisfaction with the living situation is also highest in this category.
With only 17% of its housing being municipal or cooperative units, Salzburg is significantly below the Austrian average, which is led by Vienna at 28%. Salzburg's high rate of homeownership places it third in Austria, after the western Austrian states of Tyrol and Vorarlberg.
The press release of Statistics Austria As of June 06.06.2025, 2, Austria's economic performance is seen to be on a slight recovery course after the two years of decline, supported by higher consumption by public authorities and private households.
Rents rose by 4,8% in 2024, outpacing overall inflation. Salzburg recorded the highest average rents including operating costs, followed by Tyrol and Vorarlberg. This can also be explained by the high number of private landlords.
The average lease duration on the private rental market in Austria is only 2,4 years; the high rate of private rentals is particularly noticeable in western Austria. Salzburg ranks third in this regard, after Tyrol and Vorarlberg, with 57%.
New construction activity fell to its lowest level since 2010.
Infina The report predicts rising new construction prices in the purchase segment for 2025 and stable price levels in the area of used apartments, and expects rent increases of 5,2% in central locations, also due to declining new construction activity.
Falling energy prices, a declining inflation rate, key interest rate cuts and the expiration of the KIM regulation's real estate lending guidelines eased credit conditions, which in any case led to a stabilization with slight growth in new residential mortgage lending to private households.
In the cultural city of Salzburg, it is described Infina With limited living space and high purchasing power among its inhabitants, housing prices have increased by an average of up to 8,3%, and in the so-called commuter belt around Salzburg, even by 11% in prime locations.
Salzburg as a cultural hotspot is – according to Salzburger Nachrichten Salzburg is highly sought after as a "place to be" precisely because of its manageable size, as have Salzburg's real estate markets for years. Salzburg's unique atmosphere is attractive, leading to a growing population and increasing demand for property, and its abundance of nature and recreational spaces makes it an ideal place to live.
In Salzburg's Andräviertel district – within walking distance of the historic center with its diverse cultural offerings – some of the city's most beautiful properties are available for those seeking rental or owner-occupied apartments, according to the Salzburger Nachrichten, even though prices have risen sharply in recent years. The surrounding areas are also recommended – they offer scenic locations combined with well-developed infrastructure, such as Seekirchen am Wallersee or Wals-Siezenheim.
CONCLUSION
According to Statistics Austria, the satisfaction of Austrian residents is highest in their own homes; western Austria, including Salzburg, has a high proportion of owner-occupied housing, as well as a high proportion of privately marketed rental apartments, which are offered at the highest prices compared to the rest of Austria.
The proportion of affordable cooperative and municipal apartments for long-term rentals is extremely low in Salzburg, while the number of private landlords is high, further contributing to the already high rents and the tight rental market. New construction activity is generally declining in Austria, and particularly so in Salzburg due to the scarcity of land. Thanks to its high quality of life and limited supply, the city of Salzburg remains a sought-after location for real estate. Searching in the surrounding area is also worthwhile.
The chances of successfully financing one's own home are increasing.
For property owners, this means that 2025 is a good time to reassess the market: Whether selling, buying or holding – sound information and professional advice (e.g. from IMMORIST) help to make the right decisions and take advantage of the unexpected opportunities of this market phase.
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