The 23-year-old is flattered by the reported interest, with Villa thought to be in the market for Gareth Barry's replacement, but he remains committed to Norwegian side Brann.
Austin told Dagbladet: "All players want to play in the Premier League, so of course me to. I didn't know that Aston Villa were here, but even if it is tempting, I am keeping to the contract I have in Brann."
Brann sports director Roald Bruun-Hansen added: "We have given Aston Villa tickets for some of our games, and know of the interest.
"But there are no concrete talks, and far from any offers so we are keeping our pace. It is normal for clubs to look at players and keep an eye on the market at this time."