Last Updated: Sept. 27, 2019
VIENNA - Innere Stadt apartments	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
	TO BUY	MONTHLY RENT		TO BUY	MONTHLY RENT
<50 sq. m.	523,550	1,051	2.41%	10,471	21.02
65 sq. m.	805,285	1,262	1.88%	12,389	19.42
105 sq. m.	1,008,945	1,894	2.25%	9,609	18.04
>130 sq. m.	1,992,640	2,466	1.49%	15,328	20.55
VIENNA - Leopoldstadt apartments
<50 sq. m.	279,850	1,093	4.69%	5,597	21.86
65 sq. m.	379,600	1,015	3.21%	5,840	15.62
105 sq. m.	682,920	1,631	2.87%	6,504	15.53
>130 sq. m.	773,040	1,584	2.46%	6,442	13.20
VIENNA - Landstraße apartments
<50 sq. m.	320,500	1,102	4.13%	6,410	22.04
65 sq. m.	370,110	918	2.98%	5,694	14.12
105 sq. m.	676,725	1,535	2.72%	6,445	14.62
>130 sq. m.	1,022,970	1,762	2.07%	7,869	14.68
VIENNA - Wieden apartments
<50 sq. m.	306,650	752	2.94%	6,133	15.04
65 sq. m.	374,530	1,083	3.47%	5,762	16.66
105 sq. m.	667,065	1,644	2.96%	6,353	15.66
>130 sq. m.	921,840	2,051	2.67%	7,682	17.09
VIENNA - Margareten apartments
<50 sq. m.	179,850	839	5.60%	3,597	16.78
65 sq. m.	316,810	968	3.67%	4,874	14.89
105 sq. m.	517,440	1,542	3.58%	4,928	14.69
>130 sq. m.	746,070	1,885	3.03%	5,739	15.71
VIENNA - Mariahilf apartments
<50 sq. m.	273,200	969	4.25%	5,464	19.37
65 sq. m.	333,775	1,043	3.75%	5,135	16.04
105 sq. m.	557,865	1,334	2.87%	5,313	12.70
>130 sq. m.	1,024,200	1,744	2.04%	8,535	14.53
VIENNA - Neubau apartments
<50 sq. m.	305,000	917	3.61%	6,100	18.34
65 sq. m.	427,440	1,064	2.99%	6,576	16.37
105 sq. m.	665,280	1,566	2.82%	6,336	14.91
>130 sq. m.	931,710	1,703	2.19%	7,167	14.19
VIENNA - Josefstadt apartments
<50 sq. m.	441,000	929	2.53%	8,820	18.57
65 sq. m.	349,960	1,047	3.59%	5,384	16.10
105 sq. m.	761,250	1,580	2.49%	7,250	15.05
>130 sq. m.	1,517,640	1,919	1.52%	12,647	15.99
VIENNA - Alsergrund apartments
<50 sq. m.	295,050	850	3.46%	5,901	17.00
65 sq. m.	387,335	951	2.95%	5,959	14.63
105 sq. m.	763,770	1,600	2.51%	7,274	15.24
>130 sq. m.	1,180,400	1,946	1.98%	9,080	16.22
VIENNA - Favoriten apartments
<50 sq. m.	199,750	827	4.97%	3,995	16.54
65 sq. m.	239,135	954	4.79%	3,679	14.68
105 sq. m.	385,665	1,361	4.23%	3,673	12.96
>130 sq. m.	339,840	1,448	5.11%	2,832	12.07
VIENNA - Simmering apartments
<50 sq. m.	199,700	864	5.19%	3,994	17.27
65 sq. m.	248,560	897	4.33%	3,824	13.80
105 sq. m.	414,015	1,330	3.86%	3,943	12.67
>130 sq. m.	537,680	n.a.	n.a.	4,136	n.a.
VIENNA - Meidling apartments
<50 sq. m.	221,150	801	4.35%	4,423	16.02
65 sq. m.	285,350	896	3.77%	4,390	13.78
105 sq. m.	433,965	1,336	3.69%	4,133	12.72
>130 sq. m.	545,090	1,505	3.31%	4,193	11.58
VIENNA - Hietzing apartments
<50 sq. m.	267,450	791	3.55%	5,349	15.81
65 sq. m.	314,665	880	3.36%	4,841	13.54
105 sq. m.	662,340	1,475	2.67%	6,308	14.05
>130 sq. m.	1,007,370	1,936	2.31%	7,749	16.13
VIENNA - Penzing apartments
<50 sq. m.	231,900	850	4.40%	4,638	17.00
65 sq. m.	284,765	911	3.84%	4,381	14.02
105 sq. m.	484,575	1,237	3.06%	4,615	11.78
>130 sq. m.	594,600	1,388	2.80%	4,955	11.57
VIENNA - Rudolfsheim - Funfhaus apartments
<50 sq. m.	201,200	847	5.05%	4,024	16.94
65 sq. m.	298,155	888	3.57%	4,587	13.66
105 sq. m.	461,370	1,361	3.54%	4,394	12.96
>130 sq. m.	472,420	n.a.	n.a.	3,634	n.a.
VIENNA - Ottakring apartments
<50 sq. m.	226,050	794	4.21%	4,521	15.87
65 sq. m.	301,340	870	3.46%	4,636	13.38
105 sq. m.	538,755	1,345	3.00%	5,131	12.81
>130 sq. m.	474,480	1,073	2.71%	3,954	8.94
VIENNA - Hernals apartments
<50 sq. m.	236,900	717	3.63%	4,738	14.34
65 sq. m.	315,445	939	3.57%	4,853	14.45
105 sq. m.	504,735	1,407	3.35%	4,807	13.40
>130 sq. m.	871,000	2,064	2.84%	6,700	17.20
VIENNA - Wahring apartments
<50 sq. m.	299,100	873	3.50%	5,982	17.45
65 sq. m.	373,035	1,039	3.34%	5,739	15.98
105 sq. m.	679,350	1,590	2.81%	6,470	15.14
>130 sq. m.	887,760	2,018	2.73%	7,398	16.82
VIENNA - Dobling apartments
<50 sq. m.	326,250	940	3.46%	6,525	18.80
65 sq. m.	458,445	1,111	2.91%	7,053	17.09
105 sq. m.	619,185	1,799	3.49%	5,897	17.13
>130 sq. m.	921,700	2,206	2.87%	7,090	18.38
VIENNA - Brigittenau apartments
<50 sq. m.	225,050	963	5.13%	4,501	19.26
65 sq. m.	297,440	914	3.69%	4,576	14.06
105 sq. m.	368,760	1,278	4.16%	3,512	12.17
>130 sq. m.	506,090	n.a.	n.a.	3,893	n.a.
VIENNA - Floridsorf apartments
<50 sq. m.	235,950	810	4.12%	4,719	16.20
65 sq. m.	282,295	935	3.97%	4,343	14.38
105 sq. m.	482,790	1,471	3.66%	4,598	14.01
>130 sq. m.	571,090	1,844	3.88%	4,393	15.37
VIENNA - Donaustadt apartments
<50 sq. m.	246,750	823	4.00%	4,935	16.45
65 sq. m.	310,115	961	3.72%	4,771	14.79
105 sq. m.	471,765	1,664	4.23%	4,493	15.85
>130 sq. m.	682,560	2,069	3.64%	5,688	17.24
VIENNA - Liesing apartments
<50 sq. m.	257,750	850	3.95%	5,155	16.99
65 sq. m.	286,715	943	3.94%	4,411	14.50
105 sq. m.	488,880	1,464	3.59%	4,656	13.94
>130 sq. m.	520,650	n.a.	n.a.	4,005	n.a.
SALZBURG - Salzburg City apartments
<50 sq. m.	317,800	791	2.99%	6,356	15.82
65 sq. m.	389,220	948	2.92%	5,988	14.58
105 sq. m.	695,940	1,567	2.70%	6,628	14.92
>130 sq. m.	869,440	1,868	2.58%	6,688	15.57
GRAZ - Graz City apartments
<50 sq. m.	192,500	654	4.07%	3,850	13.07
65 sq. m.	227,500	798	4.21%	3,500	12.28
105 sq. m.	365,715	1,238	4.06%	3,483	11.79
>130 sq. m.	483,210	1,242	3.08%	3,717	10.35
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: IMMOPREISE Definitions: Data FAQ See also: Update Schedule

For a long time home prices have been rising in Vienna. Result: gross rental yields - the return on investment on a property before all expenses - are no longer good. However, it all depends where you buy.

The basic rule is that yields are higher in less expensive districts

So yields are at their lowest in District 1 (Innere Stadt). Innere Stadt is Vienna´s most luxurious and least populated district, with roughly 17,000 inhabitants. But with a workforce of around 100,000, it is Vienna´s largest employment locale.

Apartments in Innere Stadt change hands at around EUR 11,000 to EUR 13,000 per sq. m., whereas in the other areas apartments cost around only EUR 3,500 to EUR 7,800 per sq. m. Yields in Innere Stadt range from 1.7-2.3% At this kind of yield, no-one is buying an apartment to rent it out. These are the residences of the rich.

But acceptable yields can be had in districts such as Margereten, Mariahilfen, Favoriten, Hernals, or Leopoldstadt, where apartment costs vary enormously from EUR 3,500 to EUR 5,400 per sq. m.. In these districts, yields range from nearly 5% for very small apartments, to 3-4.4% for large apartments.

So one should choose one´s district and size carefully. Since a large apartment is less trouble to manage than a couple of smaller ones, a largish apartment in Favoriten with a yield of 4.3% has attractions, for example.

Outside Vienna, Salzburg apartments tend to cost around EUR 5,300 to EUR 6,300 per sq. m. Rents on Salzburg apartments are close to Viennese levels, at around from EUR 12-17 per sq. m. per month. Salzburg gross rental yields range from 2.4% to 3.8%.

Apartments are most affordable in Graz, where apartments cost, on average, EUR 3,300 to EUR 4,400 per sq. m. In Graz, rents range from EUR 10.00 to EUR 13.50 per sq. m. per month. Gross rental yields in Graz are slightly better than in Salzburg - ranging from 2.5% to 4.9%. The smallest apartments return the highest rental yields.