1080 vienna – josefstadt
33
A lot packed into a small space
Krotenthaller- gasse 3 / EHL
Laudongasse
Breitenfeld
Josefstädter Straße
Schönbornpark
Rathaus
Theater in der Josefstadt
Tigergasse 23-27 / BUWOG
Tigergasse 23-27 / BUWOG
Friedrich-Schmidt-Platz
Pfeilgasse 9-11 / EHL
FACTS Demography
Bourgeois idyll in Vienna’s smallest district
Sinus-Milieus ®
Residents
24,499 12,320
upper class traditional milieus central milieus modern lower class
The smallest district by area in Vienna, Josefstadt benefits from a charming, almost suburban flair characterised by picturesque alleys and attractive squares. The district is an architectural jew- el with many apartment buildings from the 18th and 19th centu- ries sporting artistically decorated facades giving Josefstadt its distinctive character. The attractiveness of Josefstadt goes beyond aesthetics; anyone with a passion for cuisine and culture will get their money’s worth in Josefstadt. From traditional inns to elegant pizzerias to trendy fusion restaurants, the areas around Lerchenfelder Straße, Jose- fstädter Straße, and Alser Straße in particular are any match for neighbouring Neubau. Josefstadt also has a lot to offer in terms of culture. The Volkskundemuseum, or Austrian Museum of Folk Life and Folk Art, located between Josefstädter Straße and Alser Straße, benefits from a fascinating mixture of permanent exhibi- tions and changing special exhibitions covering different themes. Vienna’s oldest theatre still in use today can also be found here – Theater in der Josefstadt, founded in 1788. The extensive variety in culture and cuisine and excellent infra- structure together with its charming atmosphere make Josefstadt a very attractive residential area. Even so, there are also plans to make the Eighth District even more liveable. Josefstadt has had its own market for a while – an organic and specialty market on
Lange Gasse is held every Saturday. A project to transform Lerchenfelder Straße into a climate-friendly public street space is planned to start in early 2025. This plan includes an increase in the amount of green space and an upgrade to the unattractive thoroughfare improving it with a variety of benefits such as shading, seating, and places to meet and socialise. Despite the high demand, this district has hardly any new resi- dential development; this is mainly due to the scarcity of available space with limited opportunities for infill development as well. Regulations protecting historical housing stock also limit potential for additional living space. Any possibilities for loft conversions have long since been exhausted for the most part. Two of the few projects currently underway are at Albertgasse 30 and Lerchengasse 36. Solid public transport connections and the upcoming U2-U5 junc- tion near the City Hall add to Josefstadt’s popularity as a residential area. Prices for residential accommodation are rising continu- ously here; locations bordering the First District are in especially heavy demand, fetching corresponding prices. Like the upmarket districts of Hietzing and Döbling, the Eighth District is one of the most expensive districts in Vienna with its location bordering on downtown.
Main residences Persons/household
2.00
Moved in Moved out
+ 5,247 - 5,439
Migration balance
- 192
Housing prices Owner-occupied First occupancy
Foreign nationals
€ 7,850 / m2 € 5,800 / m2
33.4 % 35.4 %
Vienna Josefstadt
Other
3.8 %
> 65 years 17.4 %
6.0 %
0-5 years
6-14 years
Rent First occupancy
13.0 %
Average income (net)
15-24 years
€ 16.70 / m2 € 14.20 / m2
€ 27,897
Vienna Josefstadt
Ø age 42.0 years
Other
€ 31,037
Invest. property € 3,500 to € 5,200 / m2
Average age
59.7 %
25-64 years
166 land registry transactions for apartments in 2024 saw purchase prices total around €54.66 million.
42.0 41.0
Vienna Josefstadt
FIRST VIENNA RESIDENTIAL MARKET REPORT 2025
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