3 results - Parking space, garage to buy in Region St. Gallen

Summary

The population of the Constituency St. Gallen is currently 124,247, which equates to a population increase of 1.25% in the past 3 years.

Demographics

The average income is CHF 70,405.

Of the population, 18.12% have a university degree, 14.49% have completed higher vocational education, 45.45% have an SEK II qualification (school-leaving certificate or apprenticeship) and 21.94% of residents are currently completing compulsory schooling.

Consequently, this is an area with high social standards and an educated population.

0.97% of the population is presently unemployed.

Taxes

The total tax percentage in the region is 12.34%. The actual percentage of tax individuals pay is based on a range of factors, such as specific income, marital status and the total amount of deductions.

In the Constituency St. Gallen, for instance, a married couple on a pension (over 65) pays an average of 15.69% tax, a married couple with two children 8.1% and a childless couple 11.66%%. The tax burden for an unmarried person without children is 17.31%.

The property market overall

New construction

The Constituency St. Gallen has recorded an increase of 2,340 new apartments within the last 5 years.

Of these new apartments, a total of 121 apartments have exactly one room to live in.

492 of the newly built apartments are also 2-room apartments.

The 782 3-room apartments and 652 4-room apartments are also of particular interest to families.

For people looking for more living space, 180 5-room apartments and 113 apartments with at least 6 rooms have been built.

Housing stock

The Constituency St. Gallen now has a total of 67,309 apartments, following further expansion of the local housing supply as a result of the construction of new dwellings.

One-room properties make up a total of 4,292 apartments in the region.

In addition, there are 8,944 apartments with 2 rooms, 16,159 apartments with 3 rooms and 21,297 apartments with 4 rooms.

There are 9,917 5-room apartments and 6,700 large apartments with at least 6 rooms.

Unoccupied apartments

In the Constituency St. Gallen, there is a 1.92% vacancy rate for apartments.

Consequently, 4.29% of the 1-room apartments,

2.89% of apartments with 2 rooms,

2.46% of all 3-room apartments,

1.4% of apartments with 4 rooms

and 1.18% of the 5-room apartments are currently empty.

Apartments with more than 5 rooms have a vacancy rate of 0.92%; of that figure, 0.54% are apartments with more than 6 rooms.

Housing market (letting only)

The average rental price for a property is CHF 1,348.

A quarter of all rents on offer are lower than or equal to a monthly rent of CHF 1,090 (25th percentile).

Monthly rents are below CHF 1,592 (75th percentile), or they are equivalent to this average price.