First Vienna Residential Market Report | 2018

NOBLESSE OBLIGE 1190 DÖBLING T HE NINETEENTH DISTRICT with its Vienna Woods villas is one of Vienna’s more exclusive districts alongside Hietzing and Währing. Even so, the population structure in Döbling is more balanced than many would think due to the plentiful public housing such

as at Karl-Marx-Hof as well as cooperative housing apartment buildings. Döbling has beautiful places to see such as Hohe Warte, Kahlenberg, and Leopoldsberg, and Himmel is also worth a visit. Höhenstraße, Vienna’s longest street, provides an ideal way of getting there. ×

Grinzinger Allee 6 – 8 / BUWOG Group

HOUSING FACTS

USAGE

72,107 36,482 2.00

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

36.2% BUILT-UP 11.6% TRAFFIC 52.2% G REEN INCL.

PERSONS/HOUSEHOLD 2017

HOT SPOTS

WATER BODIES

+ 7,840 – 7,153 + 687

MOVED IN MOVED OUT MIGRATION BALANCE

EXCLUSIVE LIVING

Döbling, the upmarket district of Vienna, still sees a lot of demand even with the high prices in parts. High-quality residential projects are currently in development on Grinzinger Allee. In addition, there are already plans for further development around Muthgasse and north of Gunoldstraße. Hot spots in the district still include Grinzing, Sievering, Hohe Warte, and Oberdöbling.

DEMOGRAPHIC FACTS

Nußdorf

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Cobenzlgasse

VIENNA 28.6%

Grinzing

37,846 8,049 5,892 4,064 16,256

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

Sievering

Hohe Warte

DÖBLING 23.9% - 4.7%

U Heiligenstadt

Sieveringer Straße

Heiligenstädter Straße

Oberdöbling

AVERAGE INCOME *

Ober- döbling

Krottenbachstraße

U Spittelau

Krottenbachstraße

€ 26,607

DÖBLING

Döblinger Hauptstraße

AGE

€ 22,173

VIENNA

43.3 YEARS

U Nußdorfer Straße

SINUS-MILIEUS ®

Established High Achievers

The Established and Postmaterialists are represented in above- average numbers in Döbling; the villas mentioned above are most preferred by the Established, as are the quality shopping opportunities and exclusive cafés and restaurants. Postmaterialists appreciate the quiet traffic location with plentiful green space and attractive opportunities for rest and recreation in the district.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 13.00 / m 2

Postmaterialists

�� € 10.90 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 6,000 / m 2

Traditionals

�� € 3,950 / m 2

INVESTMENT PROPERTY

�� € 2,150 to € 4,500 / m 2

Escapists

Consumption Oriented

In this district, 667 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 264 million.

Basic Orientation