2 results - Multi-family house to buy in Oberburg

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Overview

Having decreased by 1.14%, the population in Oberburg has fallen to 2,936 in the past 3 years.

Demographics

The average income level is CHF 58,750.

9.84%% of the population have a university degree, 13.19% have completed higher vocational education, 49.55% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 27.46% of residents are currently enrolled in compulsory schooling.

This means the area has high social standards and an educated population.

Approximately 1.12% of the population is currently unemployed.

Taxes

The tax rate for the region is 16.1%. It varies from person to person and depends on factors such as current income, marital status and the amount of deductions.

Retired, married couples (over 65) pay an average of 20.26% tax in Oberburg, married couples with two children 11.33% and couples with no children 15.51%%. The tax percentage for a childless, single person is 20.98%.

The property market overall

New builds

Additional housing has been constructed in Oberburg over the last 5 years. For example, 27 new apartments have been built.

The number of newly built 2-room apartments amounts to 2 residential units.

The 4 3-room apartments and 9 4-room apartments are also particularly attractive for families.

In addition, 11 5-room apartments and one apartment with 6 rooms or more were added to the pool of local housing.

Housing stock

Oberburg now has a total of 1,493 apartments, following additional growth in the housing stock thanks to the construction of new dwellings.

The number of 1-room apartments in the total housing stock is 37.

There are also 133 apartments with 2 rooms, 439 apartments with 3 rooms and 466 apartments with 4 rooms.

The 5-room apartments also comprise a total of 250 properties, while the apartments with at least 6 rooms account for 168.

Vacant apartments

The vacancy rate in Oberburg is 1.49%.

Of this number, 0.02% of the 2-room apartments,

0.69% of the apartments with 3 rooms,

1.52% of apartments with 4 rooms

and 2.02% of apartments with 5 rooms are presently unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 2.17%; of that figure, 2.4% are apartments with more than 6 rooms.

Housing market (letting only)

The average rent for a property in the region is CHF 1,320.

In terms of the available rents, a quarter of them are equal to or cheaper than a monthly rent of CHF 1,150.

And 75% of monthly rents are less than or equivalent to CHF 1,490 (75th percentile).