Overview of Vienna’s Districts
13., Hietzing 23., Liesing
Market trends in Hietzing and Liesing differed widely during 2025. Hietzing recorded unusually strong turnover, while the activity in Liesing reflected the traditionally low level. Impulses for development over the medium term could come from the expansion of the rapid transit net- work that crosses both districts.
mainly of municipal housing and subsidised residential construction. Only four trans- actions for a total of 3.7 million Euros were recorded here in 2025, which reflects the normal level for the 23rd District. All these sales took place between private persons. There is, however, steadily growing interest on the part of investors. Eye-catching new buildings, for example along the Breiten- furter Strasse, and the expected frequency improvement in rapid transit scheduling increase the value of the surroanding area and make the few available existing properties interesting for private investors.
The transaction volume in Hietzing (1130) was four-times as high as the previous year at 32.7 million Euros in 2025 and far above average. This value was supported by 12 sales, whereby demand focused primarily on mid-sized properties. The largest deal by far involved a building in the Testarellogasse, which was sold by Uniqa to the Lower Austrian Medical Chamber for 6.5 million Euros. The activity by institutional investors anderscores the value stability of this “noble district”, where the prices for newly built apartments have reached new highs. Liesing (1230) remains a market where classical investment properties hardly play a role because the building stock consists
EHL-Top-Tipp
This quarter is considered one of the least attractive and, conse- quently, one of the least expensive areas in Hietzing. The planned rapid transit connection will support a significant improvement in the quality of living. Entry prices have fallen considerably below the level at top district locations and, even though it is impossible to expect the completion of the junction line by the announced date in 2030, this opens highly interesting perspectives for value growth..
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