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Synopsis

The number of residents in Balgach has risen to 5,067 in the past 3 years. This is equivalent to a population increase of 3.6%.

Demographics

The average annual income is CHF 81,955.

52.45% of the population have an SEK II qualification, and 19.01% have a higher vocational training qualification. 12.25% are university graduates and 16.29% of residents are currently enrolled in compulsory schooling.

At present, 0.75% of the population is unemployed.

Taxes

The total tax percentage in the region is 9.79%. The actual amount of tax individuals pay depends on various factors, including specific income, marital status and the amount of deductions.

Retired, married couples (over 65) pay an average of 12.59% tax in Balgach, couples with two children 6.33% and couples with no children 9.18%%. The rate of taxation for a single person without children is 13.78%.

Summary of the property market

New construction

With a total of 290 apartments, more living space has been built in Balgach over the last 5 years.

The 12 1-bedroom apartments are ideal for singles.

The number of new 2-room apartments is 86.

For families looking for a new home, the 114 apartments and the 50 4-room apartments are of particular interest.

16 apartments with 5 rooms and 12 apartments with 6 or more rooms have been added to the supply on the housing market.

Housing stock

Balgach now has a total of 2,508 apartments, following additional growth in the local housing supply as a result of new construction.

There are 61 1-room apartments available on the housing market.

The total number of properties amounts to 325 apartments with 2 rooms, 530 apartments with 3 rooms and 709 apartments with 4 rooms.

A total of 504 5-room apartments and 379 spacious apartments with 6 or more rooms are also available in the region.

Empty apartments

There is a 1.27% vacancy rate in Balgach.

Consequently, 1.64% of the 1-room apartments,

1.53% of the apartments with 2 rooms,

1.88% of apartments with 3 rooms,

1.27% of 4-room apartments

and 0.59% of 5-room apartments are unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 0.79%; 1.05%% of this total applies to apartments with more than 6 rooms.

Property market (letting only)

The average rental price for flats in the region is CHF 1,500.

A quarter of all available rents are lower than or equivalent to a monthly rent of CHF 1,260 (25th percentile).

And 75% of monthly rents are cheaper than or equal to CHF 1,721 (75th percentile).