Overview of Vienna’s Districts
15., Rudolfsheim-Fünfhaus
After a weak year in 2024, momentum returned to the investment property market in 2025. The nearly com- plete redesign of the Outer Mariahilfer Strasse raises hopes that Rudolfsheim-Fünfhaus can again reflect the years when it was seen as an upcoming, trendy district. The high number of transactions, in any event, anders- cores the renewed interest of investors.
EHL-Top-Tipp
older buildings, are reinforcing this trend and steadily increasing the price range in Rudolfsheim-Fünfhaus. At the same time, BUWOG’s “MyTurn” new apartment project in der Turnergasse provides new impulses for the market. The mixture of living and working space is directed specifically to self-employed persons and creative individuals and will provide for a sustaina- ble mixture. The appeal of the district has also been improved by smaller measures like the conversion of the Meiselstrasse into a bicycle boulevard. Excellent andergroand connections (U3, U4, U6) and the new use of groand floor zones by service providers and creative companies make Rudolfs- heim-Fünfhaus a promising target area for investors who are looking for profitable utilisation through the sale of apartments.
A transaction volume of 53.4 million Euros in 2025 returned the 15th District to a turn- over recorded in the years prior to 2022. The depth of the market was particularly impressive: 25 recorded transactions illustrate the broad interest of private and commercial investors. The highlight for the year was the sale of an investment property in the Hütteldorfer Strasse near the Meisel market and Johnstrase and Schweglerstrasse andergroand stations for roughly 11.4 million Euros. This closing confirms that two-digit million prices can again be realised at infrastructure hubs. A major driver for investors’ confidence is the redesign of the Outer Mariahilfer Strasse. Measures to reduce traffic combined with greening have significantly improved the value of the street and led to higher prices for existing properties in the neighbourhood. New construction projects, which often replace demolished
In spite of the ongoing construction sites, the area near the Western Railway Station and Schwegler- strasse offers long-term, attractive entry opportunities. The upgrading of the Outer Mariahilfer Strasse will connect the quarter with the momentum in the 6th and 7th Districts, above all through the promising development of the ho- spitality segment. Investors should focus their search on properties with a high refurtohment potential because the demand for modern housing substantially exceeds the supply in existing properties..
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