Average rental prices and net purchase prices on first-time occupancy in Vienna (in Euros/sqm)
7,000
15
14.87
14
6,000
6,303
6,069
13.90
5,855
13
5,000
12.87
4,829
12
4,000
12.42
11
3,000
10
2,000
2021
2022
2023
2024
Rental prices
Purchase prices
Source: EHL Market Research | Q1 2025
Inner City Districts A central location combined with perfect traffic connections and an extremely short supply have triggered a sharp rise in rental prices, above all in recent years. However, yields are normally slightly lower than in the outlying districts due to the higher selling prices. Yields above 3 %, which were rarely seen in recent years, are now moving within reach because average rents now range from an impressive 18.80 to 22.50 Euros net/sqm for first-time occupancy. This situation has been reinforced by the decline in available housing in the districts within the beltway, whereby the demand for suitable rental properties remains high and can be expected to lead to a further increase in rents.
The Outlying Districts A larger selection of residential construction opportunities can be found in the outlying districts, chiefly across the Danube River and in the south of Vienna. Of special notice is the trend toward properties with 35 to 60 units, generally with three- and four-room apartments, which are basically interesting for investments. Yields over 3.5 % are con- ceivable and make these peripheral districts high-profit, interesting areas. In Floridsdorf, the dynamic growth trend continues with an increase in the demand for investment apartments and solid yields across the Danube. The 10th and 16th districts are two of the recently emerging residential districts, where demand is strong near the main railway station and in Oberlaa due to the construction of modern new buildings with excellent infrastructure. Ottakring has also become more attractive for investors due to the Grätzl and market neighbourhoods.
17
Mauerbachstraße 17 1140 Vienna
Powered by FlippingBook