Investment Apartment Market Report | Spring 2024

Korneuburg, Stockerau and Krems

The cities north of the Danube are less the focus of investors, but they are no longer an „insider tip“. The district capital of Korneuburg and the neighboring smaller municipalities of Langenzersdorf and Bisamberg have already established themselves as attractive rental markets, and there are now also interesting projects in Stockerau, a few minutes‘ drive to the west. However, the school and university town of Krems in particular has great poten- tial, as it is seeing a strong influx of people in the higher income bracket and is also attrac- ting more and more second-home owners. Due to the high market level, the average sales prices in Krems are higher than in the other hotspots in Lower Austria.

Development of average purchase prices of transacted investment apartments in the Vienna suburbs (in euros/sqm)

4,000

©Squarebytes

4,004 4,050*

3,000

3,599

3,598

2,000

1,000

2020

2021

2022

2023

*Preliminary data

Hauptstraße 8 2000 Stockerau

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