First Vienna Residential Market Report | 2018

THREE TIMES AS GOOD 1030 LANDSTRASSE T HE FIRST CITY EXPANSION in 1850 saw the suburbs Erdberg, Landstraße und Weißgerber merge into the Third Dis trict. Landstraße now counts as an extension to the city centre with Rochusmarkt as the district’s own bustling focal point. Even so, the district is full of stark contrasts from the venerable Viennese working-class neighbourhoods to the elegant Embassy Quarter and vibrant shopping streets up to St. Marx, a newly developed centre for research, media, and housing. ×

Schnirchgasse 9 – 9A / EHL Immobilien

HOUSING FACTS

USAGE

90,183 46,217 1.97

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

55.7% BUILT-UP 29.3% TRAFFIC 15.0% G REEN INCL.

PERSONS/HOUSEHOLD 2017

Weißgerberlände

U Landstraße

WATER BODIES

+ 12,624 – 12,431 + 193

MOVED IN MOVED OUT MIGRATION BALANCE

AROUND ROCHUSMARKT

Stadtpark

U Stadtpark

U Rochusgasse

The Third District benefits from its central location, Belvedere, and Rochusmarkt, a popular place amongst the Viennese. Landstraße is currently under heavy development as reflected in the ever-increasing demand. New residential projects in development near the city park include The Ambassy and Am Heumarkt 25 as well as TrIIIple, Landyard, and Ensemble along Erdberger Lände and Donaukanal, the Aspanggründe-Eurogate urban development area and MGC Plaza near St. Marx.

Rochus- markt

U Kardinal-Nagl-Platz

Erd- berger Lände

Landstraßer Hauptstraße

DEMOGRAPHIC FACTS

Rennweg

U Schlachthausgasse

U Erdberg

Rennweg

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Eurogate

VIENNA 28.6%

St. Marx

53,474 10,608 6,403 5,008 14,690

25 – 64 YEARS 15 – 24 YEARS 6 – 14 YEARS 0 – 5 YEARS > 65 YEARS

Quartier Belvedere

+ 1.4%

Landstraßer Gürtel

LANDSTRASSE 30.0%

U Gasometer

AVERAGE INCOME *

€ 24,267

LANDSTRASSE

AGE

€ 22,173

VIENNA

40.8 YEARS

HOT SPOTS

SINUS-MILIEUS ®

Established High Achievers

The diversity of the district is reflected in the diversity of its inhabitants, where Postmaterialists and High Achievers feel especially comfortable with the cultural attractions and green areas appealing to Postmaterialists, and the attrac tive bar and restaurant scene attracting High Achievers.

Con- servatives

HOUSING COSTS (PRICE/m 2 ) OWNER-OCCUPIED FIRST OCCUPANCY OTHER

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 12.20 / m 2

Postmaterialists

�� € 10.70 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 5,150 / m 2

Traditionals

�� € 3,600 / m 2

INVESTMENT PROPERTY

�� € 1,700 to € 3,750 / m 2

Escapists

Consumption Oriented

In this district, 1,079 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 305 million.

Basic Orientation