First Vienna Residential Market Report 2025

1020 vienna – leopoldstadt

21

Leopoldstadt in transition

BRUNO Bruno-Marek- Allee 22 / BUWOG

Wolfgang-Schmälzl- Gasse 4 / EHL

Augarten

Praterstern

Schottenring

Josephine Stoffellagasse 7 / EHL

Stadion

Schwedenplatz

Donaumarina

Praterkai

MARINA TOWER Wehlistraße 291 / BUWOG

FACTS Demography Das Artmann Obere Donaustraße 19-21 / EHL

Prater

Prater

Josephine Stoffellagasse 7 / EHL

Sinus-Milieus ®

Residents

110,100 50,957

upper class traditional milieus central milieus modern lower class

Modern diversity

Main residences Persons/household

2.10

Moved in Moved out

+ 15,912 - 14,214 + 1,698

Living on an island – Leopoldstadt between Donaukanal and the Danube. This is where bustling city life and relaxed natural idyll meet. Cosmopolitan diversity makes the Second District so spe- cial alongside its many local recreational opportunities. The district’s multifaceted attractions include grand palaces, historic buildings, and the famous Vienna Prater waiting to be experienced. Residents benefit from many green oases and the immediate proximity to Donaukanal, or Danube Canal. The district also boasts two culinary hotspots – the charming Karmelitermarkt and the hip Vorgartenmarkt as meeting places for gourmets of all ages. Developments in various neighbourhoods in recent years have turned the Second District into a trendy and diverse residential area. District development is ongoing: the Viertel Zwei Plus project is currently underway in extension to the Viertel Zwei develop- ment. The district has a wide range of uses and sets high stand- ards for liveability in its open spaces. The development borders on the existing Viertel Zwei, the University of Economics and Business campus, and Krieau racecourse, providing urban space close to the Grüner Prater park.

Anyone looking for a place to live in Leopoldstadt has a growing range of available properties in the district to look forward to. Exclusive new buildings such as Josephine on Stoffellagasse or Grünblick im Viertel Zwei on Meiereistraße, revitalisation pro- jects on old buildings and ongoing district developments such as Nordbahnviertel, Leopoldquartier, and Viertel Zwei Plus provide abundant choice. Leopoldstadt is increasingly developing into a premium location as reflected in the prices; rents and purchase prices in the district have recently risen above the general price level for Vienna. The Second District has been a hive of activity for urbanisation as well. The Albrechtskaserne barracks is due for demolition to make way for the new Vienna police headquarters and a school, and the new mul- tifunctional Sport Arena Vienna is set to be built on Engerthstraße in 2025. Construction on the international long-distance bus terminal is scheduled to start on Handelskai, although this has been delayed; the public transport network in the district will also be expanded. Tramline 18 will be extended by 2026, creating a direct connection between Leopoldstadt and Landstraße. Tramline 12 will create a new and convenient connection between districts 2, 8, 9, and 20.

Migration balance

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 6,850 / m2 € 4,900 / m2

35.4 %

Vienna Leopoldstadt

Other

5.6 %

> 65 years 14.7 %

8.4 %

37.9 %

0-5 years

6-14 years

Rent First occupancy

Average income (net)

€ 15.40 / m2 € 12.50 / m2

12.5 %

€ 28,183 € 27,897

Vienna Leopoldstadt

15-24 years

Ø age 40.1 years

Other

Invest. property € 2,300 to € 5,100 / m2

Average age

58.7 %

25-64 years

862 land registry transactions for apartments in 2024 saw purchase prices total around €331.95 million.

41.0

Vienna Leopoldstadt

40.1

FIRST VIENNA RESIDENTIAL MARKET REPORT 2025

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