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Abstract

The number of residents in Oron has grown to 6,114 in the past 3 years. This amounts to an increase of 1.21%.

Demographics

The average income here is CHF 70,010.

16.54% of the population have a university degree, 12.13% have a higher vocational education qualification, 46.12% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 25.22% of residents are enrolled in compulsory schooling.

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

At present, 1.37% of the population is unemployed.

Taxes

The tax rate for the region is 15.15%. It varies from person to person and depends on aspects such as actual income, marital status and the total amount of deductions.

In Oron, for example, a retired couple (over 65) pays an average of 19.73% tax, a couple with two children 10.08% and a couple with no children 14.31%%. The tax percentage for a single person with no children is 20.61%.

Summary of the property market

New construction

Over the last 5 years, 184 new apartments have been constructed in Oron.

One-room apartments comprise 5 of the newly built apartments – ideal for singles.

Alongside the existing apartments, 48 new 2-room apartments have been created.

55 apartments with 3 rooms and 43 4-room apartments were also added.

For people on the search for more spacious accommodation, 26 5-room apartments and 7 apartments with at least 6 rooms have been built.

Housing stock

The new builds are helping to ensure the continued growth of the region's housing stock, which totals 2,879 apartments in Oron.

A total of 110 1-room apartments are available on the market.

The number of apartments with 2, 3 and 4 rooms is 748, 819 and 503 respectively.

There are 503 5-room apartments and 324 large apartments with at least 6 rooms.

Empty apartments

The vacancy rate in Oron is 1.16%.

Of this figure, 1.85% of 1-room apartments,

2.16% of apartments with 2 rooms,

1.36% of all 3-room apartments,

0.87% of the apartments with 4 rooms

and 0.81% of apartments with 5 rooms are currently unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 0.74%; 0.63%% of this total refers to apartments with more than 6 rooms.

Housing market (letting only)

The average rent for rental flats is CHF 1,640 per month.

This means that 25% of all rents on offer are less than or equivalent to a monthly rent of CHF 1,350 (25th percentile).

The 75th percentile of monthly rents is CHF 1,950.