1070 vienna – neubau
31
Charming and creative
Kaiserstraße 44-46 / EHL
Thaliastraße
Das Bernard Bernardgasse 18 / EHL
Volkstheater
Museums- Quartier
Burggasse-Stadthalle
Neubaugasse
Neubaugasse
Zieglergasse
Westbahnhof
Seidengasse 39 / EHL
Lindengasse 25 / EHL
FACTS Demography
Lindengasse 60 / BUWOG
Schottenfeldgasse 20 / BUWOG
Neubaugasse
Lindengasse 60 / BUWOG
Sinus-Milieus ®
Residents
31,513 16,976
upper class traditional milieus central milieus modern lower class
Main residences Persons/household
Where Biedermeier and boho life meet
1.85
Moved in Moved out
+ 4,583 - 4,693
Migration balance
- 110
Neubau features a unique combination of art, culture, and cui- sine with the many designer boutiques, galleries, and trendy restaurants and bars lined up one next to the other. Apart from a wide range of culinary styles, the district also boasts Wilhelminian magnificence alongside Biedermeier charm in its architecture. The Seventh District also has some of the most important cultural institutions, combining everything the boho soul could possibly desire. The southern part of Neubau is one of the most sought-after and high-priced areas in the district, especially the historically densely developed Spittelberg. This district has not only gained popular- ity as a gourmet strip, it is also home to cultural highlights such as the Volkstheater and the MuseumsQuartier. There is also high demand for the area around Neubaugasse. Currently still a major underground construction site, the coming years will see a central U2 and U3 public transport hub develop here. This area is also a greatly valued residential area. In general, the demand for housing in the district is high, but the limited supply of land has greatly reduced the number of new residential development projects in
recent years. Like many central districts, development activity is mainly focused on closing gaps, refurbishment projects, and attic expansions such as those on Kaiserstraße, Neustiftgasse, and Bernardgasse. The former Sophienspital hospital grounds are an exception: this is the site of a new urban quarter with around 180 subsidised apartments, retail outlets, educational institutions, and cultural and leisure facilities to be completed by the end of 2025. The densely built Seventh District is not known for extensive parks, but it does benefit from smaller green spaces including true oases of peace and quiet such as Siebensternpark and Gutenbergpark. Resident-friendly redesign and greening plans are also underway in Neubau. The plan is to connect the green spaces at the heart of the district and create a traffic-calmed zone. Bernardgasse is set to become a residential street with a pleasant microclimate and plenty of green space with thirty-seven new trees, water features, and spacious green areas cooling the air in the summer in the alley between the Vienna Beltway and Zieglergasse while also contribut- ing to climate protection.
Housing prices Owner-occupied First occupancy
Foreign nationals
€ 7,300 / m2 € 5,500 / m2
35.4 %
Vienna Neubau
Other
4.2 %
> 65 years 15.9 %
6.0 %
33.1 %
0-5 years
6-14 years
Rent First occupancy
10.9 %
Average income (net)
15-24 years
€ 16.50 / m2 € 14.00 / m2
€ 27,897
Vienna Neubau
Ø age 41.7 years
Other
€ 31,524
Invest. property € 3,700 to € 6,200 / m2
Average age
63.0 %
25-64 years
202 land registry transactions for apartments in 2024 saw purchase prices total around €100.74 million.
41.0
Vienna Neubau
41.7
FIRST VIENNA RESIDENTIAL MARKET REPORT 2025
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