1010 vienna – innere stadt
19
Vienna’s historical heart
Wipplingerstraße 24-26 / EHL
Jordangasse 7a / EHL
Schottenring
Börseplatz 1 / EHL
Schottentor
Rathausplatz
Schwedenplatz
Herrengasse
Rathaus
Stephansplatz
Schulerstraße 1-3 / BUWOG
Stubentor
Volkstheater
Museumsquartier
Stephansdom
Stadtpark
Karlsplatz
Operngasse 6 / EHL
Graben
FACTS Demography
Rathausstraße 1 / BUWOG
Sinus-Milieus ®
Residents
16,281 8,433
upper class traditional milieus central milieus modern lower class
Main residences Persons/household
Where tradition and future meet
1.96
Moved in Moved out
+ 2,129 - 2,333
Migration balance
- 204
There are good reasons for the central district being seen as the historical centre of Vienna. Vienna’s most uptown district is surprisingly forward-looking even amongst the magnificent palaces and historic alleyways. As the capital’s political and economic hub, Vienna’s First District combines administration, jobs, and sights in a very small space; more than 100,000 people work here. Bustling with people during the day and packed with revellers enjoying a night on the town, this is the only Viennese district with a declining population. This time-honoured district is still open to change, though. Squares such as Neuer Markt and Michaelerplatz have under- gone climate-resilient redevelopment in recent years, and pedes- trian areas such as those around the Alte Post, or former Austrian Postal Savings Bank building, have been expanded with improved quality of life as they benefit from greenery and traffic calming.
science communication centre with exhibitions, workshops, and a green forecourt by 2027. The site will benefit from new cycle paths and an automated access management system planned for the inner city with the aim of traffic calming. This is an ambitious goal, especially as the First District has the highest density of cars in Vienna. Vienna downtown is still at the high end of the market for residential accommodation with high prices, scarce supply, and great prestige. The First District also has the highest average living area per capita. Anyone aiming to live in downtown Vienna will not only need a decent budget but also patience with the somewhat limited number of residential units available. In general, the First District has very few new projects and develop- ments and the supply of existing residential units is limited. The only two new projects known to have completion dates in the next few years in the First District are the Sixth Sense Residences redevelopment project at Stubenring 2 and the listed Steindlhaus at Steindlgasse 4, which is to be refurtohed and expanded to a high standard as part of a property investor scheme.
Housing prices Owner-occupied First occupancy
Foreign nationals
n/a* n/a*
6.7 %
36.4 %
Vienna Innere Stadt
Other
3.06 %
> 65 years 26.1 %
6-14 years
31.4 %
0-5 years
10 %
Rented First occupancy
15-24 years
Average income (net)
€ 24.00 / m2
€ 30,005
Vienna Innere Stadt
Ø age 47.2 years
Other
n/a*
€ 43,606
Invest. propert € 6,000 to € 10,000 / m2
Average age
54.2 %
25-64 years
The calculations are based on data from the 2025 EHL Apartment Building Report.
41.7
Vienna Innere Stadt
47.2
Several measures have also been planned for the coming years: the Aula der Wissenschaften is to be converted into a modern
*The sample observed was too small to deliver reliable and accurate information
FIRST VIENNA RESIDENTIAL MARKET REPORT 2026
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