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Synopsis
Belfaux has recorded population growth of 3.84%, to 3,406 inhabitants, in the past 3 years.
Demographic data
Average income totals CHF 73,825.
42.23% of the population have an SEK II qualification, and 7.08% have a higher vocational education qualification. 16.52% are university graduates and 34.13% of residents are currently enrolled in compulsory schooling.
This means the area has high social standards and an educated population.
The current unemployment rate is 1.17%.
Taxes
Overall, the rate of taxation in the region is 14.14%. The individual share of tax actually paid will vary and is determined by aspects including specific income, marital status, the overall level of deductions and so on.
In Belfaux, single people without children pay an average of 19.64% tax, a retired, married couple pays 17.72%, a married couple with two children pays 9.72% and a childless couple pays 13.22%.
The overall property market
New construction
Belfaux has gained 48 new apartments over the last 5 years.
6 of these newly constructed apartments have 2 rooms.
A total of 13 new 3-room apartments and 15 4-room apartments were constructed.
The number of large newly built apartments includes one 6+ room apartment and 13 5-room apartments.
Housing stock
Belfaux now has a total of 1,455 apartments, following further expansion of the housing stock thanks to new construction.
As for 1-room apartments, a total of 73 properties are on the market.
In addition, there are 209 apartments with 2 rooms, 319 apartments with 3 rooms and 380 apartments with 4 rooms.
The supply of larger properties with 5 rooms comprises 315 apartments, and there are 159 apartments with at least 6 rooms.
Vacant apartments
In Belfaux, 3.91% of apartments are empty.
This means that 16.44% of the 1-room apartments,
5.26% of apartments with 2 rooms,
5.02% of all 3-room apartments,
2.89% of apartments with 4 rooms
and 1.9% of apartments with 5 rooms are currently unoccupied.
Apartments with more than 5 rooms have a vacancy rate of 1.48%; 0.63%% of this value refers to apartments with more than 6 rooms.
Property market (letting only)
The average rent for rental properties is CHF 1,470 per month.
A quarter of all available rents are less than or equal to a monthly rent of CHF 1,245 (25th percentile).
Additionally, 75% of all monthly rents are cheaper than or equivalent to CHF 1,746.
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