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Abstract

The number of residents in Oron has grown to 6,114 in the past 3 years. This amounts to an increase of 1.21%.

Demographics

The average income here is CHF 70,030. 17.16% of the population have a university degree, 10.6% have a higher vocational education qualification, 47.17% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 25.09% of residents are enrolled in compulsory schooling. This means the residential area has high social standards and an educated population. At present, 1.11% of the population is unemployed.

Taxes

The tax rate for the region is 14.62%. It varies from person to person and depends on aspects such as actual income, marital status and the total amount of deductions. In Oron, for example, a retired couple (over 65) pays an average of 18.67% tax, a couple with two children 9.32% and a couple with no children 13.17%. The tax percentage for a single person with no children is 20.12%.

Summary of the property market

New construction

Over the last 5 years, 184 new apartments have been constructed in Oron. One-room apartments comprise 5 of the newly built apartments – ideal for singles. Alongside the existing apartments, 48 new 2-room apartments have been created. 55 apartments with 3 rooms and 43 4-room apartments were also added. For people on the search for more spacious accommodation, 26 5-room apartments and 7 apartments with at least 6 rooms have been built.

Housing stock

The new builds are helping to ensure the continued growth of the region's housing stock, which totals 2,879 apartments in Oron. A total of 110 1-room apartments are available on the market. The number of apartments with 2, 3 and 4 rooms is 375, 748 and 819 respectively. There are 503 5-room apartments and 324 large apartments with at least 6 rooms.

Empty apartments

The vacancy rate in Oron is 1.16%. Of this figure, 1.85% of 1-room apartments, 2.16% of apartments with 2 rooms, 1.36% of all 3-room apartments, 0.87% of the apartments with 4 rooms and 0.81% of apartments with 5 rooms are currently unoccupied. Apartments with more than 5 rooms have a vacancy rate of 0.74%; 0.63% of this total refers to apartments with more than 6 rooms.

Housing market (letting only)

The average rent for rental flats is CHF 1,655 per month. This means that 25% of all rents on offer are less than or equivalent to a monthly rent of CHF 1,362 (25th percentile). The 75th percentile of monthly rents is CHF 1,950.