1030 vienna – landstraße
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The many facets of Landstraße
Landstraßer Hauptstraße
GRACE Hetzgasse 8 / EHL
Landstraße
Arsenal / EHL
Rochusgasse
Stadtpark
Kardinal-Nagl-Platz
PARK FLATS Elizabeth-T.-Spira- Promenade 4 / EHL
Rennweg
Schlachthausgasse
Erdberg
St. Marx
Quartier Belvedere
Gasometer
PARK FLATS, Elizabeth-T.-Spira- Promenade 4 / EHL
Apostelhof Apostelgasse 25-27 / EHL
St. Marx
HELIO Tower Döblerhofstraße 10 / BUWOG
FACTS Demography
Between tradition and future
Sinus-Milieus ®
Residents
98,398 49,384
upper class traditional milieus central milieus modern lower class
The Landstraße district features a unique balance between his- torical buildings and development projects. Areas such as the em- bassy quarter with its turn-of-the-century buildings and modern high-rise buildings coexist in cosmopolitan residential areas. Between tradition and future – this aptly describes the interplay be- tween historical architecture and innovative development projects dominating the Landstraße district skyline. Development in the Third District shows similar characteristics to neighbouring Leopoldstadt. New residential properties are limited near the city centre with projects focusing on old building restora- tions and attic conversions as well as occasional new buildings in va- cant lots, especially along Rennweg, Schlachthausgasse and around Landstraßer Hauptstraße dominating the picture. The district’s largest development is the Village im Dritten project on the Vienna Beltway, a major improvement to the surrounding area. The Arsenal district development concept is also set to bring a breath of fresh air into the neighbourhood. Various developments such as research, university and cultural centres alongside residen- tial and commercial areas are to reinforce the existing land usage and break up the isolated character of the area. The Arsenal area will serve as a future location for additional university facilities for the Vienna University of Technology and the Academy of Fine Arts.
The new Science City project aims to boost research, development, and innovation. There are also plans to improve accessibility to the area, for instance, by improving public transport connections as well as pedestrian paths and cycle lanes. WH Arena, a multifunctional event hall for around twenty thousand visitors, is another major development project in the area. The pro- ject is set to create a new, striking architectural ensemble in Vienna together with existing architectural landmarks such as T-Center and Marx Halle. There is heavy demand for housing in the district, especially amongst younger target groups attracted by the district’s diversity. The district also has an unusually large share of green space con- sidering its location close to downtown, for example, the botanical gardens and Belvedere palace gardens. Convenient transport connections include the U3 metro, regional railway services, the motorway junction, and the city exit route towards the airport. Some parts of the district still offer space for new projects, but the embassy quarter between Vienna downtown, Rennweg, and Un- gargasse is already densely built up with only enough space left for few developments. These include Das Seidl on Seidlgasse and Der Goldene Phoenix development projects on Radetzkystraße. Housing costs are as varied here as the individual parts of the district due to the price gradient from the northwest to the southeast.
Main residences Persons/household
1.95
Moved in Moved out
+ 14,549 - 12,985 + 1,564
Migration balance
Housing prices Owner-occupied First occupancy
Foreign nationals
€ 6,850 / m2 € 4,950 / m2
37.5 % 35.4 %
Vienna Landstraße
Other
5.2 %
> 65 years 16.1 %
7.1 %
0-5 years
6-14 years
Rent First occupancy
Average income (net)
11.3 %
€ 15.70 / m2 € 13.60 / m2
15-24 years
€ 27,897
Vienna Landstraße
Ø age 41.3 years
Other
€ 30,702
Invest. property € 2,000 to € 5,600 / m2
Average age
60.2 %
25-64 years
716 land registry transactions for apartments in 2024 saw purchase prices total around €295 million.
41.3 41.0
Vienna Landstraße
FIRST VIENNA RESIDENTIAL MARKET REPORT 2025
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