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Graz remains the undisputed real estate hotspot in Austria!
Graz will remain Austria's real estate hotspot in 2024 with over 2,200 transactions, followed by Linz and Innsbruck.
Graz remains the undisputed real estate hotspot in Austria!
Graz has established itself as Austria's real estate hotspot in 2024. According to an analysis by willhaben, 2,283 residential property transactions were recorded in the city of Graz, making the city the leader in all of Austria. For comparison: Linz-Stadt took second place with 1,071 transactions, followed by Innsbruck-Land with 1,070 transactions. This clearly shows that the real estate market in Graz is extremely dynamic.
The exclusive real estate deals that were concluded last year are particularly striking. The most expensive single-family home in Styria was sold in Altaussee for an impressive 5.25 million euros. In addition, a property in Kainach near Wildon changed hands for 34.13 million euros (net), which underlines the demand for large areas. The largest property sold in 2024 was in Ottendorf an der Rittschein and had an area of 309,340 square meters.
Most expensive real estate in Austria
The price ranges in Austria's real estate market are remarkable. The most expensive single-family homes were registered in Tyrol and Vienna. The price guidance for these properties is as follows:
| Price | Property | Location |
|---|---|---|
| 34.68 million euros | Single family home | Jochberg (Tyrol) |
| 22.46 million euros | Single family home | Vienna 18th, Währing |
| 18 million euros | Single family home | Vienna 13th, Hietzing |
The same applies to apartments: the most expensive apartment in Kitzbühel was sold for 7.12 million euros, while an attic apartment in downtown Vienna sold for 6.65 million euros. An apartment in Salzburg city was also in high demand at 4.15 million euros.
Huge areas of land are required
Another highlight in transactions is the sale of large properties. Here are the top deals by area:
- 430.565 Quadratmeter in Neudorf bei Parndorf (Burgenland)
- 309.340 Quadratmeter in Ottendorf an der Rittschein (Steiermark)
- 300.001 Quadratmeter in Neudorf bei Parndorf (Burgenland)
Current developments and transactions show that the real estate market in Graz and Styria continues to flourish. The increasing interest in residential properties and exclusive properties is a clear sign of the attractiveness of this region. Further details on market developments can be found at 5min.at, while ORF Steiermark continuously reports on new trends.