First Vienna Residential Market Report | 2018
06
07
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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