First vienna residential market report

1030 wien – landstraße

23

The many facets of Landstraße

Landstraßer Hauptstraße

Untere Weißger- berstraße 37 / EHL

Landstraße

Rochusgasse

Stadtpark

Kardinal-Nagl-Platz

Leonhardgasse 3-5 / BUWOG

Rennweg

Schlachthausgasse

Erdberg

St. Marx

Quartier Belvedere

Gasometer

Apostelhof Apostelgasse 25-27 / EHL

Village im Dritten Baufeld 13, 14A oder 14B / EHL

Gasometer

Village im Dritten Baufeld 13, 14A and 14B / EHL

HELIO Tower Döblerhofstraße 10 / BUWOG

FACTS Demography

Between tradition and future

Sinus-Milieus ®

Residents

98,881 50,401

upper class traditional milieus central milieus modern lower class

The Third District benefits from a harmonious interplay of historical architecture and innovative new building projects. Landstraße is the only central district whose area projects beyond the Vienna Beltway. The Third District is a dynamic quarter in transition and shares a lot of common features with neighbouring Leopoldstadt. Even if not much new living space is in development near the centre, the development situation largely features old building renovations, loft conversions, and a selection of new builds along Rennweg, Schlachthausgasse, and around Landstraßer Hauptstraße, for instance. Landstraße has heavy demand for living space, especially amongst young target groups. This is explained by high urban diversity, excellent transport links – U3 metro, suburban railway services, motorway, airport – and a surprisingly high proportion of green space such as the botanical gardens and Belvedere palace gardens. The Third District’s Village urban development zone on the Landstraße section of the Vienna Beltway has given the situation fresh momentum. This development involves a new neigh- bourhood with apartments such as the Park Flats project on Ljuba-Welitsch-Promenade as well as offices, local amenities, and

leisure facilities on a former railway site for the added benefit of the surrounding area. Additional development sites are also already in planning. The Arsenal local development plan is another project for the future. The currently enclosed area is to be opened up and integrated with loft conversions while also attracting educational, research, and cultural institutions such as the Vienna University of Technology and Academy of Fine Arts. The project aims towards developing a vibrant “Science City” combining innovation and urban quality. The district develop- ment concept for the An und unter der Tangente area at and below the bypass includes the climate-friendly reactivation and transformation of unused spaces. This involves enhancing public space with more greenery, liveability, and new mobility develop- ments. Extending tramline 18 from the Schlachthausgasse U3 metro station to the Stadion U2 metro station is among the highlights of the coming years. From autumn 2026, the line will be connecting the Second and Third Districts directly via the Prater with seven new stops, 2.1 kilometres of cycle paths, green tracks, around 200 trees, and traffic-calmed areas.

Main residences Persons/household

1.95

Moved in Moved out

+ 13,167 - 12,751

Migration balance

+ 416

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 7,000 / m2 € 5,050 / m2

38.4 % 36.4 %

Vienna Innere Stadt

Other

4.18 %

> 65 years 16.3 %

8 %

0-5 years

6-14 years

Rented First occupancy

Average income (net)

11.4 %

€ 16.50 / m2 € 14.40 / m2

15-24 years

€ 30,005

Vienna Innere Stadt

Ø Alter 41.3 years

Other

€ 32,950

Invest, property € 2,000 to € 5,600 / m2

Average age

60.2 %

25-64 years

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

41.7

Vienna Innere Stadt

41.3

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026

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