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Abstract
The District de Sierre is a highly sought-after place to live. In the last 3 years, the population has risen to 50,354, which is equivalent to a population increase of 2.22%.
Population statistics
On average, people earn CHF 58,930 per year.
A total of 17.42% of the population hold a university degree, 10.23% have completed higher vocational education, 43.29% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 29.06% of residents are currently in compulsory schooling.
The region has high social standards and an educated population.
Approximately 1.19% of the population is currently unemployed.
Taxes
The total tax burden in the region is 13.42%. The actual percentage of tax individuals pay depends on a range of factors, such as actual income, marital status and the total amount of deductions.
A married couple on a pension (over 65) pays an average of 18.2% tax in the District de Sierre, a couple with two children pays 7.33% and a couple without children 12.32%. The tax burden for an unmarried person with no children is 20.53%.
Summary of the property market
New construction
With a total of 1,432 apartments, the District de Sierre has seen additional living space created within the past 5 years.
61 of the newly constructed apartments are 1-room apartments, which are particularly suitable for singles.
The number of newly built 2-room apartments is 250.
What's more, 421 3-room apartments and 362 4-room apartments have been built.
Investments were also made in more spacious accommodation: 259 5-room apartments were constructed, offering plenty of room for families; 79 apartments with a minimum of 6 rooms were also created.
Housing stock
The new construction has contributed to an additional increase in the housing stock, and there are now 42,948 apartments in the District de Sierre.
One-room properties comprise a total of 3,949 apartments in the area.
In addition, there are 7,396 apartments with 2 rooms, 11,490 apartments with 3 rooms and 12,376 apartments with a full 4 rooms.
Finally, the supply of 5-room properties comprises 5,129 apartments, and there are also 2,608 large apartments with at least 6 rooms.
Empty apartments
2.09% of the total housing stock in the District de Sierre is unoccupied.
Consequently, 2.63% of the 1-room apartments,
2.06% of all apartments with 2 rooms,
2.36% of the apartments with 3 rooms,
2% of the apartments with 4 rooms
and 1.47% of apartments with 5 rooms are currently uninhabited.
The rate of vacancy is 1.6% for apartments with more than 5 rooms and 1.86% for apartments with more than 6 rooms.
Housing market (rental only)
The average rent for flats in the area is CHF 1,200.
This means that 25% of all rents on the market are lower than or equal to a monthly rent of CHF 925 (25th percentile).
Monthly rents are less than CHF 1,460 (75th percentile), or they are equivalent to this average price.
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