Is real estate investment worthwhile in Halle (Saale)?
- Halle (Saale) is a city with 239,257 inhabitants in the state of Sachsen-Anhalt.
- The median purchase price is €2,922 per square metre – average prices compared to the national average.
- Purchase prices have risen by 16.9% over the last five years.
- Compared to the national average, an average gross rental yield can be achieved here: between 4.2% and 4.7% (average 4.5%).
- The purchase-price factor is about 21 years.
- The population, with an average age of 45.0 years, is of average age compared to other German municipalities.
- The population has grown by 2.5% since 2008 (about 0.2% per year).
- Unemployment at 7.6% is above the national average.
Halle (Saale) is positioned with an average price per square metre of 2.922 € and a price-to-yield factor of 22,4 in the German comparison. Rents (avg. 10,20 €/m²) reflect a good rental yield.
Above-average rental yield, well suited for immediate cashflow.
| Metric | Average | Market Range (Min – Max) |
|---|---|---|
| Purchase Price | 2.922 €/m² | 2.090 € to 3.160 € |
| Rent (cold rent) | 10,20 €/m² | 8,18 € to 12,37 € |
| Yield (affordable apt.) | 4,70 % | Typical for smaller / cheaper apartments |
| Yield (expensive apt.) | 4,70 % | Premium locations, focus on value growth |
| Period | Purchase Prices | Rents |
|---|---|---|
| Last Year | +0,00 % | -22,79 % |
| Last 2 Years | -5,21 % | -18,85 % |
| Last 5 Years | +16,86 % | -3,04 % |
| Last 10 Years | +67,23 % | +19,30 % |
| Year | Purchase Price avg €/m² | Rent avg €/m² | Yield % |
|---|---|---|---|
| 2011 | 1.422 | 5,99 | 5,06 |
| 2012 | 1.379 | 6,17 | 5,37 |
| 2013 | 1.488 | 6,72 | 5,42 |
| 2014 | 1.493 | 7,23 | 5,81 |
| 2015 | 1.746 | 7,61 | 5,23 |
| 2016 | 1.747 | 8,55 | 5,87 |
| 2017 | 1.837 | 8,20 | 5,36 |
| 2018 | 1.997 | 9,87 | 5,93 |
| 2019 | 2.191 | 8,04 | 4,40 |
| 2020 | 2.356 | 9,52 | 4,85 |
| 2021 | 2.500 | 10,52 | 5,05 |
| 2022 | 3.015 | 11,12 | 4,43 |
| 2023 | 2.826 | 12,54 | 5,33 |
| 2024 | 3.082 | 12,57 | 4,89 |
| 2025 | 2.922 | 13,21 | 5,43 |
| 2026 | 2.922 | 10,20 | 4,19 |
Interactive calculation for an apartment in Halle (Saale). Adjust values: