First Vienna Residential Market Report 2025

1060 vienna – mariahilf

29

Lifestyle mekka

RAY Gumpendorfer Straße 60 / EHL

Museumsquartier

Mariahilfer Straße

Getreidemarkt

Neubaugasse

Kettenbrückengasse

Zieglergasse

Westbahnhof

Pilgramgasse

Gumpendorfer Straße

Gumpendorfer Straße 121 / EHL

Margaretengürtel

FACTS Demography

RAY, Gumpendorfer Straße 60 / EHL

Mollardgasse 73 / EHL

Kettenbrückengasse

Sinus-Milieus ®

Residents

31,386 16,074

upper class traditional milieus central milieus modern lower class

Main residences Persons/household

Attractive, cosmopolitan residential area

1.95

Moved in Moved out

+ 5,312 - 5,292

Migration balance

+ 20

Located between the Naschmarkt to the south and Mariahilfer Straße, Austria’s best-known shopping street, to the north, the district of Mariahilf is considered a mecca of urban diversity. Mariahilf is home to all kinds of bistros, hip coffee bars, trendy bakeries, and wine shops selling flat whites, sourdough bread, and natural wines to loyal customers. The district’s excellent location also plays a decisive role for many choosing to move there. Everything a city soul could desire can be found within walking distance. Apart from that, one of the main features of the Sixth District is its excellent historical build- ing stock. There are many pretty little alleys and charming pas- sageways with redesigns from recent years such as on Otto-Bau- er-Gasse and Zieglergasse topping it off. Improvements to public space will continue in the coming years, gradually making the district even more liveable. The extensive unsealing and greening project in Christian-Broda-Platz is drawing to a close, providing an attractive entrance to the popular Mariahilfer Straße. The Gumpendorfer Straße redesign and revamp project is due to begin by the end of 2025. The design concept especially focuses

on public transport and extensive greening expected to make the area more attractive and improve its liveability at the same time. Pedestrian zones on Spalowskygasse and on Mittelgasse between Wallgasse and Aegidigasse will increase safety. The excellent public transport services in Mariahilf are especially worth mentioning. Residents currently benefit from four metro lines. The U2/U5 line extension project currently underway will expand the service to five lines in the future. The Sixth District is already densely built up, but there are still new high-quality development projects despite the predominant perimeter block layout from the Wilhelminian era around the turn of the twentieth century. Construction activity in Mariahilf is currently somewhat limited, and focuses mainly on individual refurbishments in existing buildings, attic conversions, and infill development projects. The limited supply of new residential units in this attractive location is also reflected in the prices as is evi- dent in projects such as Hay Joe on Haydngasse, Stadthaus Miller on Millergasse, and RAY on Gumpendorfer Straße.

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 7,050 / m2 € 5,250 / m2

34.6 % 35.4 %

Vienna Mariahilf

Other

5.7 %

4.0 %

> 65 years 16.6 %

6-14 years 0-5 years

11.4 %

Rent First occupancy

15-24 years

Average income (net)

€ 16.20 / m2 € 13.80 / m2

€ 27,897

Vienna Mariahilf

Ø age 42.1 years

Other

€ 29,367

Invest. property € 2,800 to € 6,000 / m2

Average age

62.3 %

25-64 years

162 land registry transactions for apartments in 2024 saw purchase prices total around €76.59 million.

42.1 41.0

Vienna Mariahilf

FIRST VIENNA RESIDENTIAL MARKET REPORT 2025

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