First Vienna Residential Market Report | 2018

REGAL GREEN 1130 HIETZING S CHLOSS SCHÖNBRUNN palace became a centre of court life at the behest of Maria Theresa, turning the area in and around Hietzing into the exclusive uptown district it is now. Egon Schiele and Gustav Klimt are amongst the names that called this

district home. Hietzing is Vienna’s “greenest” district and features high quality of living and plenty of green space. Various public transport routes provide a solid connection to the city centre, but Hietzing mainly excels in its idyllic setting rather than city life. ×

Lainzer Straße 147 / EHL Immobilien

HOUSING FACTS

USAGE

54,171 26,801 2.03

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

23.4% BUILT-UP 5.9% TRAFFIC 70.7% G REEN INCL.

PERSONS/HOUSEHOLD 2017

WATER BODIES

+ 5,651 – 5,216 + 435

together with the low traffic density make the district attractive. Heavy demand and high land prices have led to increasing numbers of villa plots being used and developed as apartment buildings. This includes new residential projects in development around Lainzer Platzl. The district‘s hot spots are Alt-Hietzing, Ober St. Veit, and Lainz.

ROYAL FLAIR

MOVED IN MOVED OUT MIGRATION BALANCE

The district’s well-heeled population reflects the royal history of Hietzing to this day, and this also has its effect on housing prices in the district. In particular, the plentiful parkland areas such as Lainzer Tiergarten

DEMOGRAPHIC FACTS

Wolf in der Au

U Hütteldorf

HOT SPOTS

U Ober St. Veit

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Ober St. Veit

U Unter St. Veit

VIENNA 28.6%

U Hietzing

28,383 5,465 4,321 3,068 12,934

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

Alt- Hietzing

Lainzer Straße

HIETZING 19.5% - 9.1%

Lainz

Grünbergstraße

Preyergasse/Speising

AVERAGE INCOME *

€ 29,402

HIETZING

AGE

€ 22,173

VIENNA

44.3 YEARS

SINUS-MILIEUS ®

Established High Achievers

Hietzing is home to the Established and Postmaterialists. This exclusive residential area with its traditional villas and upmarket restaurants is especially attractive to the Established, and Postmaterialists appreciate the spacious parks, the Vienna Woods in the vicinity, and the architectural diversity of the district.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 12.80 / m 2

Postmaterialists

�� € 10.80 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 5,500 / m 2

Traditionals

�� € 3,950 / m 2

INVESTMENT PROPERTY

�� € 1,650 to € 3,250 / m 2

Escapists

Consumption Oriented

In this district, 450 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 138 million.

Basic Orientation