Property prices Lower Austria

Current statistics
Engel & Völkers Research > Property prices in Lower Austria – Current statistics

Property prices in Lower Austria vary significantly. There has been a considerable increase in demand for residential property in Vienna’s surrounding areas, while prices are more moderate in the state’s western regions. Mödling, Baden and Klosterneuburg are particularly popular, and prices have therefore risen significantly.

1. How is Lower Austria’s property market developing?

- Niederoesterreich Infokarte

The property market in Austria’s largest federal state is experiencing positive development, with prices climbing quickly in Vienna’s surrounding areas in particular. The majority of transactions for detached and semi-detached houses have therefore been recorded in the districts of Tulln, Mödling and Baden. Families in particular are looking for properties with gardens in these areas, which, due to lower prices than in Vienna itself, are also of interest to a larger group of purchasers.

2. How much do residential properties cost in Baden bei Wien (near Vienna)?

- Baden-bei-Wien Immobilienpreise
- Baden bei Wien

Thanks to its proximity to Vienna, Baden provides its residents with urban surroundings while still offering all the advantages of a small country town. Its quality of life is excellent and is a key driver of the strong demand for residential property. In addition to this, Baden has a large casino, which also attracts visitors to the town. Property prices in Baden are experiencing a significant increase.

- Baden-bei-Wien Lagekarte

Sale prices for residential properties by location

- Baden

3. How much do residential properties cost in Klosterneuburg?

- Klosterneuburg Immobilienpreise

High demand for housing throughout Vienna’s metropolitan region has resulted in significant growth in Klosterneuburg. There is a continuing trend for “living in a green environment” and this is one of the reasons why many buyers are focusing on the eastern area of the Vienna Woods region. In comparison to the capital, prices are still moderate, while all the amenities of a large city can be accessed quickly. In recent years investors and developers have also recognised Klosterneuburg’s potential.

- Klosterneuburg
- Klosterneuburg Lagekarte

Sale prices for residential properties by location

- Klosterneuburg

4. How much do residential properties cost in Mödling?

- Moedling Immobilienpreise

In recent decades the entire district of Mödling has experienced strong growth and it will continue to attract many new residents in the coming years. Strong demand means that residential property prices have gone up significantly, with price levels among the highest in Vienna’s surrounding areas. Mödling benefits from its good transport connections to the capital and the airport.

- Mödling
- Moedling Lagekarte

Property prices in Mödling by location

- Moedling

5. How expensive are residential properties in Lower Austria?

In most cases, average property prices in Lower Austria are moderate, with the highest prices achieved in the areas around Vienna.

- Niederoesterreich Immobilienpreise Transaktionen

6. Your contacts – Here’s what the local experts say

Oskar Beirer, Engel & Völkers Niederösterreich

Oskar Beirer

Managing Partner Engel & Völkers Baden near Vienna

“Vienna’s affluent suburbs in particular are experiencing change as a result of the corona pandemic. Demand for houses in green locations is higher than ever before, with families increasingly looking for properties with potential for constructing new buildings. In addition to this, as quality of life becomes a higher profile issue which people place more value on, buyers and tenants are increasingly prepared to spend more money on high-quality housing.”

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