First Vienna Residential Market Report | 2018

THE NEW TOWN 1220 DONAUSTADT D ONAUSTADT is the largest district in Vienna by area, and the second-largest by population after the Tenth District. The Twenty-Second District is also highly varied with large housing estates such as Trabrennbahngründe, estates with detached

houses, Donau-City with its office and residential high-rises, and Seestadt Aspern. The district is home to the major recreational areas and natural reserves, Lobau and Old Danube, which are easy to reach using the U1 and U2 metro lines, or by car. ×

Maria-Tusch-Straße 24 / BUWOG Group

HOUSING FACTS

USAGE

184,188 83,141 2.23

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

26.8% BUILT-UP 9.4% TRAFFIC 63.8% G REEN INCL.

PERSONS/HOUSEHOLD 2017

WATER BODIES

+ 14,598 – 11,200 + 3,398

MOVED IN MOVED OUT MIGRATION BALANCE

U Rennbahnweg

AFFORDABLE HOUSING IN DONAUSTADT

U Kagraner Platz

Alte Donau Donau- City

Wagramer Straße

U Aspern Nord U Seestadt

U Kaisermühlen VIC U Alte Donau U Kagran

Donaustadt has numerous residential project developers working on the district, usually in developments at more affordable prices – and not only in Seestadt Aspern, but also in Donau-City as well as around Kagraner Platz and along Wagramer Straße. The district’s hot spots include the Old Danube, the area around the Donau-City, and Seestadt Aspern, which has already developed into a town in its own right.

U Hausfeldstraße

Seestadt Aspern

U Donauinsel

U Aspernstraße

U Hardeggasse

DEMOGRAPHIC FACTS

U Donauspital

U Stadlau

U Donaustadtbrücke

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Raffineriestraße

VIENNA 28.6%

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

103,349 22,148 18,097 12,425 28,169

DONAUSTADT 18.6% - 10.0%

AVERAGE INCOME *

€ 24,213

DONAUSTADT

AGE

€ 22,173

VIENNA

HOT SPOTS

39.5 YEARS

SINUS-MILIEUS ®

Established High Achievers

Adaptive-Pragmatists, the Established, and the New Middle Class are particularly well-represented in this district. Adaptive-Prag- matists appreciate Seestadt Aspen with its numerous recreation facilities, the Established are drawn to the longstanding housing estates with plenty of space for the whole family, and the quiet residential area with plenty of green – ideally on the Old Danube – are a dream for the Established.

Con- servatives

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 10.70 / m 2

Postmaterialists

�� € 9.60 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 3,800 / m 2

Traditionals

�� € 2,550 / m 2

INVESTMENT PROPERTY

�� € 1,000 to € 1,650 / m 2

Escapists

Consumption Oriented

In this district, 1,506 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 389 million.

Basic Orientation