Overview of Vienna’s Districts
21., Floridsdorf 22., Donaustadt
These two districts are Vienna’s largest based on area but have the smallest stock of investment proper- ties. The transaction volume north of the Danube Riv- er has never been particularly high but continues to decline, and price statistics also place Floridsdorf and Donaustadt at the lower end of the district rankings.
Floridsdorf
Investment prop. prices 1,600 to 2,200 EUR/sqm
Prime Yields
3.2 to 4.2 %
Monthly rents (net) in EUR/sqm
The 21st and 22nd Districts in the north are the most important urban expansion zones in Vienna. Real estate projects are focused primarily on new greenfield development or construction on the grounds of former commercial or industrial areas. The investment property market plays a subordinate role, and the possibility for demolition and new construction is also the most important driver in this segment. This momentum has recently come to a near standstill as a result of the slowdown in the new construction sector. The year- on-year decline in Floridsdorf amounted to 50 per cent in 2024 and was even higher at 70 per cent in the Donaustadt due to the smaller supply. Square metre prices normally range from 1,600 to 2,200 Euros, with maximum values beyond 2,000 Euros. The yields for properties without a significant development potential is slightly over four per cent. The very subdued transaction activity in the districts north of the Danube River is presently focused entirely on the area
surrounding the Floridsdorfer Spitz and the adjacent Brünner Strasse up to Stam- mersdorf. A large part of the investment property stock is located here and an additional benefit includes the excellent transport connections at the Floridsdorfer Spitz (underground, rapid transit railway, long-distance railway, A22 motorway). Locations near Stammersdorf benefit from expansive green areas and an almost rural flair. EHL Top Tip: Between the Spitz and Alte Donau The quarter east of the Floridsdorfer Spitz and north of the upper Alte Donau is still somewhat underrated. Good traffic connections to the city centre and a high recreational value due to the nearby bathing possibilities in the Alte Donau make the locations from the Kinzer Square to the Donaufelder Strasse an insider tip. This is by no means a classical prime location but is so attractive as a residential area that the current price level offers above-average economic perspectives.
Apartments
Ø 12.60
Offices
11.00 to 17.50
Geschäftslokale A-Lagen
10 to 20
Retail space B locations
6 to 11
Donaustadt
Investment prop. prices 1,600 to 2,200 EUR/sqm
Prime Yields
3.2 to 4.2 %
Monthly rents (net) in EUR/sqm
Apartments
Ø 12.45
Offices
11.00 to 18.00
Retail space A locations
10 to 20
Retail space B locations
6 to 11
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Investment Property Report
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