First Vienna Residential Market Report | 2018

TRUE VIENNA VALUES 1180 WÄHRING T HE EIGHTEENTH DISTRICT has a reputation for being a rarefied uptown district, whereas Währing has a significant num ber of Wilhelminian buildings near the Vienna Beltway (“Gürtel”). Even so, young and old come together in Währing – at the Kutschkermarkt as one of the last street markets of Vienna, or in popular recreation destina tions such as Türkenschanzpark and Pötzleinsdorfer Schlosspark. The Uni versity of Natural Resources and Life Sciences (BOKU) has had a significant impact on the district by attracting many students that liven up the district. ×

Gersthofer Straße 119 / EHL Immobilien

HOUSING FACTS

USAGE

51,128 26,396 1.96

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

56.1% BUILT-UP 16.9% TRAFFIC 27.0% G REEN INCL.

PERSONS/HOUSEHOLD 2017

WATER BODIES

+ 7,448 – 6,736 + 712

MOVED IN MOVED OUT MIGRATION BALANCE

RAISED QUALITY OF LIVING

HOT SPOTS

Good infrastructure, lots of parks, and its proximity to the Vienna Woods set Währing apart, turning the district into one of the most desirable and expensive residential districts in Vienna. This explains why neighbourhoods such as Kutschkermarkt, Währinger Cottage, Türkenschanzpark, Pötzleinsdorf, and Schafberg are so popular. New projects are developed more in the western areas of the district or on the border to the Seventeenth District.

Pötz- leins- dorf

Krottenbachstraße

DEMOGRAPHIC FACTS

Schaf- berg

Türken- schanz- park

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Gersthofer Straße

VIENNA 28.6%

Gersthof

Währinger Cottage

29,065 5,958 3,965 3,026 9,114

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

- 1.1%

WÄHRING 27.5%

U Nußdorfer Straße

Währinger Straße

AVERAGE INCOME *

Kutsch kermarkt

U Währinger Straße

€ 25,137

WÄHRING

AGE

€ 22,173

VIENNA

40.9 YEARS

SINUS-MILIEUS ®

Established High Achievers

The Eighteenth District is very well-connected to the inner districts of Vienna via the U6 metro line; this, the family-oriented atmosphere, and wide green spaces make Währing the perfect location for Postmaterialists.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 12.60 / m 2

Postmaterialists

�� € 10.70 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 5,500 / m 2

Traditionals

�� € 3,650 / m 2

INVESTMENT PROPERTY

�� € 2,100 to € 4,000 / m 2

Escapists

Consumption Oriented

In this district, 593 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 203 million.

Basic Orientation