First Vienna Residential Market Report | 2018

“FLODO” 1210 FLORIDSDORF F LORIDSDORF IS KNOWN for its village structures, and its winegrower’s inns and alleys typical of areas such as Stammers dorf and Strebersdorf. Even so, the Twenty-First District has plentiful public housing such as Großfeldsiedlung and current revamping

projects around Floridsdorfer Spitz bringing up the district’s value. Floridsdorf provides extensive recreational opportunities such as the Danube Island and the Old Danube to make up for its remoteness from the city centre. ×

Töllergasse 3 / BUWOG Group

HOUSING FACTS

USAGE

158,712 74,996 2.12

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

41.7% BUILT-UP 14.4% TRAFFIC 43.9% G REEN INCL.

PERSONS/HOUSEHOLD 2017

HOT SPOTS

WATER BODIES

+ 14,366 – 11,967 + 2,399

MOVED IN MOVED OUT MIGRATION BALANCE

A GROWING DISTRICT

The Floridsdorf population is growing due to prices that are still within relatively easy reach, and also has generous amounts of space for development. Good public transport links by local train and metro have also raised the Twenty-First District’s attractiveness. Numerous new construction projects are further set to increase the district’s value. The most popular hot spots for home seekers are to be found around the Old Danube up to Floridsdorfer Spitz and along Brünner Straße with the future Krankenhaus Nord, or northern hospital. New urban development projects are also providing fresh impetus in Leopoldau.

Strebersdorf

Brünner Straße

Leo poldau

DEMOGRAPHIC FACTS

Prager Straße

U Leopoldau

Jedlersdorf

U Großfeldsiedlung

Siemensstraße

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Brünner Straße

A22

U Aderklaaer Straße

VIENNA 28.6%

Am Spitz

87,765 18,716 14,685 10,100 27,473

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

U Floridsdorf

FLORIDSDORF 21.6% - 7.0%

U Neue Donau

AVERAGE INCOME *

Alte Donau

€ 22,330

FLORISDORF

AGE

€ 22,173

VIENNA

40.6 YEARS

SINUS-MILIEUS ®

Established High Achievers

Traditionals, Adaptive-Pragmatists, and the New Middle Class are especially at home here. The village structures and pending expansion in healthcare facilities are attractive to Traditionals, while the proximity to Danube Island and family-oriented residential buildings appeal to the Adaptive-Pragmatists; the New Middle Class is drawn to the harmonious settlements on the outskirts with low immigrant populations.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 10.60 / m 2

Postmaterialists

�� € 9.60 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 3,700 / m 2

Traditionals

�� € 2,550 / m 2

INVESTMENT PROPERTY

�� € 1,050 to € 1,950 / m 2

Escapists

Consumption Oriented

In this district, 888 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 196 million.

Basic Orientation