First vienna residential market report

1080 wien – josefstadt

33

A lot packed into a small space

Laudongasse

Breitenfeld

Josefstädter Straße

Schönbornpark

Rathaus

Theater in der Josefstadt

Tigergasse 23-27 / BUWOG

Tigergasse 23-27 / BUWOG

Schlesingerplatz

Roter Hof 14 / EHL

FACTS Demography

Historical charm and big-city lifestyle

Sinus-Milieus ®

Residents

24,242 12,273

upper class traditional milieus central milieus modern lower class

Josefstadt is Vienna‘s smallest district by surface area and borders directly on downtown; the district combines histori- cal charm and urbane lifestyle. Characterised by elegant old buildings, small alleys, and magnificent Gründerzeit houses, the district has a quiet, cultured atmosphere right in the heart of the city. Cultural venues include the famous Theater in der Josefstadt alongside cosy cafés, indie bookshops, and stylish boutiques that shape the urban landscape. Josefstadt is ex- tremely popular amongst cultural creators and students. The diversity of cultural and culinary offerings combined with a well-run infrastructure and an appealing urban aesthetic add to the great attractiveness of the district. However, there is still plenty of activity towards making Josefstadt even more liveable. The new bicycle axis along Josefsgasse, Zeltgasse, and Pfeilgasse forms a high-quality connection from the second ring to Vienna Beltway. An area of 4,700 square kilometres was unsealed on the 1.2-kilometre route and greened with trees. Additional meeting zones and drinking water hydrants have substantially increased liveability. Busy Josef-Matthias-Hauer-Platz is also undergoing a redesign with a new green traffic-calmed centre – ideal for markets, con- certs, and open-air cinemas. A central fountain is included in the plan in addition to new trees, flower beds, and seating.

Other improvements involve Albertgasse and Skodagasse (up to Florianigasse). The project includes around twenty new trees and tall shrubs, plant beds, benches, bike stands, a drinking fountain, and unsealed paving. Albertgasse will be a one-way street in the future and cycling will be permitted in either direction on Skoda- gasse. A new two-way cycle path will improve the traffic situation for cyclists on Josefstädter Straße as well. Healthcare will be seeing a major change in the coming years with the Confraternität and Goldenes Kreuz hospitals merging into a modern health centre. A new land use reclassification and development plan has laid the foundations for a functional, innovative health complex. Special attention has been given to preserving street trees and green spaces. Apart from that, the Confraternität gardens will remain permanently open to the public as a valuable local recreational space in the centre of the district. New housing in Josefstadt is hardly feasible despite the high demand. This is due to the limited space available, sparse oppor- tunities for infill development, and strict protection regulations governing historical building stock. The regulations preserve the urban character, but they also limit the potential for housing expansion.

Main residences Persons/household

1.99

Moved in Moved out

+ 5,009

- 5,169

Migration balance

- 160

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 8.100 / m2 € 6.050 / m2

36.4 %

Vienna Innere Stadt

Other

3.14 %

> 65 years 17.8 %

6.7 %

33.8 %

0-5 years

6-14 years

Rented First occupancy

12.7 %

Average income (net)

15-24 years

n/a*

€ 30,005

Vienna Innere Stadt

Ø Alter 42.1 years

Other

€ 15.00 / m2

€ 33,157

Invest. property € 3,500 to € 5,300 / m2

Average age

59.7 %

25-64 years

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

42.1 41.7

Vienna Innere Stadt

* Das zu beobachtende Sample war zu klein, um aussagekräftige Angaben machen zu können.

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026

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