First Vienna Residential Market Report | 2018

VIENNESE MIX 1230 LIESING T HE TWENTY-THIRD DISTRICT features lots of green space for a high quality of life for residents in Liesing; indeed, the Vienna Woods make up around fourteen percent of the district’s area. Then there is the Liesingbach brook and the great recreational value

it offers on its banks, and some remaining village structures with their vineyards and wine taverns. Another feature of the district is that it has well-connected residential areas such as Siebenhirten and industrial estates, e.g. in Inzersdorf. ×

Breitenfurter Straße 223 –237, 239 / BUWOG Group

HOUSING FACTS

USAGE

101,053 47,068 2.15

RESIDENTS 2017

SPECIAL FEATURES OF DISTRICT

MAIN RESIDENCES

53.9% BUILT-UP 14.8% TRAFFIC 31.3% G REEN INCL.

PERSONS/HOUSEHOLD 2017

BRIDGE BETWEEN CITY AND COUNTRY

WATER BODIES

+ 9,574 – 6,887 + 2,687

There are already actual plans for two large development areas – “In der Wiesen” south of Erlaa, and in the Atzgersdorf area of the district. New residential space is also in development for seven park villas on the former Rosenhügel film studio site. Liesing’s hot spots are Mauer, the area around Liesinger Platz, and along Breitenfurter Straße.

MOVED IN MOVED OUT MIGRATION BALANCE

Vienna‘s newest district is very diverse and popular due to its location between the city and surrounding countryside. Liesing shows especially great potential for growth to the east of the district with many former industrial areas to be rezoned into residential neighbourhoods.

DEMOGRAPHIC FACTS

HOT SPOTS

Breitenfurter Straße

FOREIGN NATIONALS

AGE PROFILE OF POPULATION

Mauer

Alterlaa

VIENNA 28.6%

Erlaaer Straße

54,130 10,668 9,235 6,227 20,773

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

Atzgersdorf

Breiten furter Straße

U Erlaaer Straße

- 11.3%

LIESING 17.3%

Altmannsdorfer Straße

Liesinger Platz

Breitenfurter Straße

AVERAGE INCOME *

U Perfektastraße

Liesing

Brunner Straße

€ 25,257

LIESING

AGE

€ 22,173

VIENNA

42.4 YEARS

U Siebenhirten

SINUS-MILIEUS ®

Established High Achievers

Liesing is mainly home to the Established and Conservatives. The Established appreciate the attractive pension properties with promises of rising property prices, personal service in small boutiques, and easy access to high-quality destina- tions, while Conservatives are drawn to the traditional area, proximity to the imperial ambience, and the generously dimensioned plots of land.

Con- servatives -

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

RENTED FIRST OCCUPANCY OTHER

Digital Individu- alists

�� € 10.50 / m 2

Postmaterialists

�� € 9.70 / m 2

New Middle Class

Adaptive- Pragmatists

�� € 3,750 / m 2

Traditionals

�� € 2,750 / m 2

INVESTMENT PROPERTY

�� € 1,050 to € 1,950 / m 2

Escapists

Consumption Oriented

In this district, 1,041 changes of ownership were registered in the land registry in 2017, with a total sales value of approx. € 292 million.

Basic Orientation