Steindlstraße 6 3500 Krems an der Donau
St.Pölten
Driven by continuous population growth and the excellent connections to Vienna thanks to several high-speed trains, which make St. Pölten an extended local transport zone of the federal capital, the housing market will experience a strong upswing until 2022. A significant proportion of new construction was absorbed by institutional investors, but the number of owner-occupied projects attractive to investors has also increased, with prices tending to be moderate. In the context of the
usual location criteria, proximity to the main railway station is even more important in St. Pölten than in other cities. Recently, however, significantly fewer development projects have been launched again, which has a positive effect on rental prospects, but also means a smaller supply of investment apartments for this region.
©Squarebytes
Development of the average purchase prices of transacted investment apartments in St. Pölten (in euros/sqm)
4,000
3,000
3,557
3,510*
3,432
2,000
2,428
1,000
2020
2021
2022
2023
*Preliminary data
19
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