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Abstract
Walenstadt is a highly sought-after residential area. In the last 3 years, the number of residents has risen to 5,763, which corresponds to a population increase of 1.02%.
Demographics
The average yearly income level is CHF 66,105.
50.17% of the population have an SEK II qualification, and 17.59% have a higher vocational education qualification. 12.94% are university graduates and 19.28% of residents are currently in compulsory schooling.
According to the data, this is a region with high social standards and an educated population.
The current unemployment rate is 0.52%.
Taxes
The tax rate for the residential region is 12.03%. It differs from person to person and is based on factors such as specific income, marital status and the amount of deductions.
In Walenstadt, the rate of taxation for unmarried people without children is 16.88%. A married couple on a pension (over 65) pays an average of 15.32%, a married couple with two children 7.88% and a couple with no children 11.36%%.
The property market in general
New construction
With a total of 169 apartments, more living space has been built in Walenstadt over the past 5 years.
17 of the newly built apartments are 2-room apartments.
With 61 new 3-room apartments and 63 4-room apartments, the area is particularly attractive for families.
In addition, there are 19 5-room apartments and 9 apartments with a minimum of 6 rooms to choose from.
Housing stock
Walenstadt now has a total of 3,260 apartments, following further expansion of the local housing supply thanks to the construction of new dwellings.
The number of 1-room apartments totals 163.
In terms of medium-sized to large apartments, the housing supply includes 754 apartments with 2 rooms, 883 3-room apartments and 620 with 4 rooms.
Finally, 620 5-room apartments and 426 spacious apartments with 6 or more rooms are available on the market.
Empty apartments
The percentage of vacant apartments in Walenstadt is 0.34%.
This means that 0.62% of the 1-room apartments,
1.7% of apartments with 2 rooms,
0.11% of 4-room apartments
and 0.16% of the 5-room apartments are presently empty.
The vacancy rate for apartments with more than 5 rooms is 0.19%; 0.24% of those vacant properties are apartments with at least 6 rooms.
Property market (rental only)
An average of CHF 1,480 is needed to rent a flat.
25% of all available rents are below a monthly rent of CHF 1,176, or they are equivalent to this amount (25th percentile).
The 75th percentile of monthly rents is CHF 1,705.
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