First vienna residential market report

1150 wien – rudolfsheim-fünfhaus

Dynamic hotspot

Schmelz

Schweglerstraße

Johnstraße

Westbahnhof

Hütteldorfer Straße

Gumpendorfer Straße

MY.TURN Turnergasse 9, Herklotzgasse 12 / BUWOG

Auer-Welsbach-Park

Schönbrunn

Längenfeldgasse

Meidlinger Hauptstraße

A district of diversity outside the Vienna Beltway

Linke Wienzeile 280 / BUWOG

FACTS Demography

Wien Fifteen Sechshauser Straße 3 / EHL

Rudolfsheim-Fünfhaus is Vienna’s smallest, and the most densely populated, district outside the Vienna Beltway. Apart from the Westbahnhof railway station and Äußere Mariahilfer Straße, the Fifteenth District is home to the Wiener Stadthalle, the largest event centre in Austria. Its location is particularly attractive with both downtown and the outskirts within easy reach. The district also benefits from excellent transport connections with three metro lines (U3, U4, and U6) as well as local and national train services. Rudolfsheim-Fünfhaus is one of the youngest districts in Vienna with a strong influx of new residents. Diversity shapes social and cultural life in the district, making it one of the most dynamic districts in Vienna – urban, diverse, and innovative. The district’s central location and ongoing upgrades to many of the traditional Viennese grätzel neighbourhoods is making Rudolfsheim-Fünf- haus increasingly attractive. The combination of positive image change and still relatively moderate housing prices has led to a steadily increasing demand for housing. However, recent years have seen a decrease in the number of new development pro- jects with only a few major developments currently underway. Such projects include Schokoladenfabrik on Meiselstraße, Wien Fifteen on Sechshauser Straße, and Wiener Stadtoase on Äußere Mariahilfer Straße. Development of the currently unused property at Reithofferplatz 4 is another planned area of focus with new affordable housing supplemented by a busy ground floor zone integrating new facilities into the public space. The adjacent Reithofferplatz/ Tannengasse area is to be further upgraded by a traffic-calmed zone with excellent liveability.

The Fifteenth District is also a hive of urban design activity. The Äußere Mariahilfer Straße renovation project contributes signifi- cantly to further upgrades to the district, and even larger devel- opment projects are pending along the Westbahnhof railway sta- tion and Felberstraße. The new Auf der Schmelz park project has also created a major green space. Around 1,000 square metres of previously sealed space have been unsealed and designed for versatility. The project includes plants that provide cooling shade, a variety of seating options, a drinking fountain with a water fea- ture, and fitness equipment for an inviting outdoor environment to relax and keep fit. Light-coloured paving reduces the summer heat and barrier-free access as well as modern lighting along the main pathways provide safety and orientation. Mitte 15 is a future key urban development concept that aims to make Rudolfsheim-Fünfhaus greener and more liveable. The project area extends from Märzstraße to the north to Mariahilfer Straße and Linzer Straße to the south, and from the Neubau sec- tion of the Vienna Beltway to Sturzgasse. The aim is to develop new green and open spaces, remove barriers caused by railway lines, and include climate protection and resilience measures. Camillo-Sitte-Gasse has also been planned for redesign with structural improvements underway – similar to those already in place on Kreuzgasse – to speed up tramline 9. This will involve unsealing an area of 500 square metres with new shrubs and green spaces, drinking fountains, and seating as well as widening pedestrian walkways. Improved visual guidance and optimised parking increase traffic safety and liveability throughout the traditional Viennese neighbourhood.

Sinus-Milieus ®

Residents

75,902 37,709

upper class traditional milieus central milieus modern lower class

Main residences Persons/household

2.02

Moved in Moved out

+ 12,478 - 13,015

Migration balance

- 537

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 5,850 / m2 € 4,050 / m2

36.4 %

Vienna Innere Stadt

Other

3.91 %

> 65 years 14.5 %

7.9 %

46.1 %

0-5 years

6-14 years

Rented First occupancy

Average income (net)

€ 14.30 / m2 € 12.90 / m2

12.3 %

€ 30,005

Vienna Innere Stadt

15-24 years

Ø Alter 40.4 years

Other

€ 25,423

Invest. property € 1,700 to € 2,500 / m2

Average age

61.4 %

25-64 years

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

41.7

Vienna Innere Stadt

40.4

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026