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Abstract

In the last 3 years, the population of the attractive Constituency Werdenberg has increased by 4.18%, to 41,288.

Demographics

The average yearly income level is CHF 64,060.

14.98% of residents hold a university degree, 14.61% have completed higher vocational training and 48.14% have an SEK II qualification. Additionally, 22.28% of residents are currently enrolled in school.

According to the data, this region has high social standards and an educated population.

The current unemployment rate stands at 0.83%.

Taxes

Overall, the tax burden in the area is 12.03%. The individual share of tax actually paid varies and is determined by aspects such as current income, marital status, the total amount of deductions and so on.

A married couple on a pension in the Constituency Werdenberg pays an average of 15.33%, a married couple with two children 7.89% and married couples with no children 12.03%%. The tax rate for an unmarried person with no children is 16.89%.

The overall property market

New builds

Additional living space has been created in the Constituency Werdenberg within the past 5 years; 1,343 new apartments were built, for instance.

Of these newly built apartments, 58 are 1-room apartments, which are particularly suitable for singles.

The number of new 2-room apartments totals 327.

392 apartments with 3 rooms and 358 4-room apartments were also added.

Funds were also invested in more spacious apartments: 130 5-room apartments were constructed, providing plenty of room for families; 78 apartments with a minimum of 6 rooms were also built.

Housing stock

Thanks to the newly constructed buildings, the supply of housing in the Constituency Werdenberg has expanded and there are now a total of 20,596 apartments.

There are 843 1-room apartments on the housing market.

What's more, there are 2,880 apartments with 2 rooms, 4,313 apartments with 3 rooms and 5,404 apartments with a full 4 rooms.

The 5-room apartments also make up a total of 3,946 properties, while the apartments with 6 rooms or more account for 3,210.

Vacant apartments

In the Constituency Werdenberg, there is a 0.66% vacancy rate for apartments.

This means that 1.79% of the 1-room apartments,

0.7% of all 2-room apartments,

0.84% of apartments with 3 rooms,

0.73% of 4-room apartments

and 0.41% of apartments with 5 rooms are presently unoccupied.

The rate of vacancy is 0.35% for apartments with more than 5 rooms and 0.28% for apartments with more than 6 rooms.

Property market (letting only)

An average of CHF 1,430 is required to rent a flat.

Consequently, 25% of all rents on the market are lower than or equal to a monthly rent of CHF 1,220 (25th percentile).

And 75% of monthly rents are less than or equivalent to CHF 1,680 (75th percentile).