First Vienna Residential Market Report | 2018

WILL PLAY ANY PIECE 1080 JOSEFSTADT J JOSEFSTADT IS THE SMALLEST district in Vienna, and also one of the most densely built. Even with the limited space available, the district has many open squares such as Albertplatz, Bennoplatz, Piaristenplatz with plenty of bars and restaurants to stop at. The district centres on its theatre, Theater in der Josefstadt, the oldest still existing theatre in Vienna. The little sister of the Seventh District, Josefstadt has plenty of schools and lies in close proximity to the University of Vienna, but also has more bars, more students, and slightly more Biedermeier-style flair. ×

Krotenthallergasse 5 / EHL Immobilien

HOUSING FACTS

USAGE

25,528 13,168 1.95

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

70.0% BUILT-UP 28.1% TRAFFIC 1.9% G REEN INCL.

PERSONS/HOUSEHOLD 2017

HOT SPOTS

WATER BODIES

+ 6,370 – 5,963 + 407

MOVED IN MOVED OUT MIGRATION BALANCE

SMALL IS BEAUTIFUL

Alser Straße

Laudon- gasse

The Eighth District of Vienna at 1.1 km² lies between the First District and the Vienna Beltway (“Gürtel”). The recently completed “Das Hamerling” prestige project provides maximum exclusivity right in the midst of the Eighth District, and other residential buildings with solid structures are being revitalised and fitted out into luxury lofts. The hot spots in the district mainly include the alleyways near the old AKH hospital such as Laudongasse and Lange Gasse, but also Josefstädter Straße and Albertgasse with the adjoining Florianigasse.

DEMOGRAPHIC FACTS

Lange Gasse

U Josefstädter Straße

Floriani- park

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Josefstädter Straße

U Rathaus

Josef städter Straße

VIENNA 28.6%

1,410 1,172

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

+ 1.5%

JOSEFSTADT 30.1%

15,224 3,870 3,852

AVERAGE INCOME *

Lerchenfelder Straße

€ 24,523

JOSEFSTADT

AGE

€ 22,173

VIENNA

39.9 YEARS

SINUS-MILIEUS ®

Established High Achievers

Postmaterialists – the prevailing group in the district – need to identify with district politics. An ethnically diverse range of restaurants and cafés, the wide range of cultural recreation options as well as traffic calming make the district especially attractive to Postmaterialists.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 13.00 / m 2

Postmaterialists

�� € 11.30 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 6,000 / m 2

Traditionals

�� € 4,400 / m 2

INVESTMENT PROPERTY

�� € 2,150 to € 4,000 / m 2

Escapists

Consumption Oriented

In this district, 187 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 60 million.

Basic Orientation