First vienna residential market report

1020 wien – leopoldstadt

21

Leopoldstadt in transition

SEVEN Lassallestraße 7 / EHL

Augarten

Praterstern

Schottenring

Josephine Stoffellagasse 7 / EHL

Stadion

Schwedenplatz

Donaumarina

Praterkai

MARINA TOWER Wehlistraße 291 / BUWOG

FACTS Demography LeopoldQuartier Obere Donaustraße 25 / EHL

Prater

Prater-Hauptallee

Josephine Stoffellagasse 7 / EHL

Sinus-Milieus ®

Residents

112,675

upper class traditional milieus central milieus modern lower class

Main residences Persons/household

51,921

Between urbanity and nature

2.11

Moved in Moved out

+ 16,357 - 13,855 + 2,502

Migration balance

Leopoldstadt combines the best of both worlds: lively city life and relaxed natural surroundings. Located between Donaukanal and the Danube, the district benefits from a high quality of life, a variety of leisure opportunities, and a city atmosphere. Around sixty percent of the district’s total area consists of green spaces and waterways. At a total of 44 parks, the district functions as a true green oasis with an outstanding variety of recreational spaces close to nature. The Second District also benefits from a high cycle path density compared to Vienna’s other municipal districts. Over the past few years, Leopoldstadt has established itself as a trendy, diverse, and highly sought-after residential district amongst home seekers. Quarters such as Leopoldquartier and Grünblick in the Viertel Zwei quarter dominate the modern urban landscape, having breathed new life into the district. There is further ongoing development with around 200 new apartments to be developed in the Nordbahnviertel urban development zone on the brownfield site between the ÖBB railway route and Dresdner Straße.

The population of Vienna is expanding and Leopoldstadt has been seeing especially steep growth. It comes as no surprise that demand for living space has remained constant in the Second District, in contrast to the slight downturn in supply. Ongoing development projects include Leopoldquartier Living on Obere Donaustraße, Franz im Glück on Franzensbrückenstraße, and Josephine on Stoffellagasse. The Second District has also been a hive of activity for urbanisa- tion driven by a variety of future projects, such as an international long-distance bus terminal to be developed on Handelskai by 2028. The new Sport Arena Wien – the first of its kind in Austria – was officially opened in September 2025 with the aim of setting new standards as a multifunctional training and event location. Another project in the works includes further upgrades to the Donaukanal waterfront with chillout zones, a sun deck, and green pocket parks.

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 7,300 / m2 € 5,100 / m2

38.5 % 36.4 %

Vienna Innere Stadt

Other

4.69 %

> 65 years 14.6 %

9.4 %

0-5 years

6-14 years

Rented First occupancy

Average income (net)

€ 16.50 / m2 € 13.20 / m2

12.3 %

€ 30,480 € 30,005

Vienna Innere Stadt

15-24 years

Ø Alter 40.1

Other

Invest. property € 2,300 to € 5,100 / m2

Average age

58.9 %

25-64 years

The calculations are based on data from the 2025 EHL Apartment Building Report.

41.7

Vienna Innere Stadt

40.1

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026

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