First Vienna Residential Market Report | 2018

First Vienna Residential Market Report | 2018

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First Vienna Residential Market Report | 2018

HOUSING MARKET

OWNERSHIP STRUCTURE IN 2017

AROUND 900,000 APARTMENTS IN VIENNA count as inhabited, with around 75% of households living in rented accommodation – an extraordinary housing market compared to the other eight Austrian federal states. Of these 700,000 or so rented apartments, around 400,400 are owned by the City of Vienna or non-profit housing associations. People

living in owner-occupied apartments occupy a roughly equal share in Vienna and Austria; this share is rather low compared to other forms of housing, while still remaining largely stable. Naturally, most Austrians prefer to live in single-family homes, and this is the main household form across the country – as opposed to Vienna, where this share of households is very low.  ×

HOUSING STOCK 2017

VIENNA

AUSTRIA

approx. 910,000 *

approx. 3,875,000 *

TOTAL PRIMARY RESIDENCES

ABSOLUTE FIGURES 54,600

ABSOLUTE FIGURES

OWNERSHIP

1,472,500 426,250 1,627,500 697,500 310,000 620,000 348,750

HOUSE OWNER-OCCUPIERS

118,300 700,700 300,300 218,400 182,000 36,400

APARTMENT OWNER-OCCUPIERS

MAIN TENANTS (COLLECTIVE)

PRIVATE INDIVIDUALS AND LEGAL ENTITIES

PUBLIC CORPORATIONS

NOT-FOR-PROFIT HOUSING COOPERATIVES

SUBLEASES AND OTHER LEASE ARRANGEMENTS

* Source: Statistics Austria (new extrapolation method as of the 2014 Microcensus), own calculations

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