First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

STARK CONTRASTS 1220 DONAUSTADT

D ONAUSTADT is a district of busy construction activity due to the comparatively high availability of land for residential projects. Large development areas have extended beyond Wagramer Straße and Donaufelder Straße, and have now spread across the entire district. Seestadt Aspern has additional privately financed apartments in advanced stages of development with the Danube Flats and DC 3 projects,

the latter currently under construction, to add to the Viennese skyline right on the Danube. The Old Danube is not only a place of recreation, it’s also a desirable residential area. Vienna Twentytwo is currently the largest development project with new apartments, offices, and hotels to be built over the next few years on an area of around fifteen thousand square metres. ×

U Rennbahnweg

U Kagraner Platz

Alte Donau Donau- City

Wagramer Straße

Donauinsel U Kaisermühlen VIC U Alte Donau U Kagran

U Hausfeldstraße

U Aspern Nord U Seestadt

Seestadt Aspern

U Aspernstraße

U Hardeggasse

U Donauspital

U Stadlau

U Donaustadtbrücke

Raffineriestraße

HOTSPOTS

SPECIAL FEATURES OF DISTRICT City and country, urbanity, agriculture, and primeval forest. No other district has contrasts quite as stark as they are in Donaustadt. Vienna’s largest district includes the skyline of Vienna as well as UNO-City on the Danube alongside the enormous urban development area of Seestadt Aspern and its extensive estates with their detached houses, parts of rural Marchfeld, and Lobau in the Donau-Auen National Park. At more than sixty percent green space, Donaustadt is not only a popular residential area, but also a place to go on a day out for many of Vienna’s townsfolk.

The prevailing Sinus-Milieus ® reflect this diversity; Seestadt Aspern attracts many Adaptive-Pragmatists, while the Established feel at home in the more green and tranquil residential areas. The New Middle Class also shows a strong presence as they are attracted to the district’s long-es- tablished residential buildings with plenty of room for the whole family. Reflecting the young population, prominent personalities from the district include Austrian football star David Alaba and singer-songwriter Der Nino aus Wien. The latter can also be seen at Orpheum Wien, a well-known variety show.