First Vienna Residential Market Report 2024

1010 wien – innere stadt

19

Jordangasse 7a / EHL

Börseplatz 1 / EHL

Schottenring

Rotenturm- straße

Schottentor

Rathausplatz

Schwedenplatz

Schulerstraße 1-3 / BUWOG

Herrengasse

Rathaus

Stephansplatz

Stubentor

Volkstheater

Museumsquartier

Stephansdom

Stadtpark

Grand Kinsky Schellinggasse 7 / EHL

Karlsplatz

FACTS

Demography

Sinus-Milieus ®

Residents

16,620

Upper class Traditional milieus Central milieus Modern lower class

Main residences Persons/household

8,812

1.93

Moved in Moved out

+ 2,215

- 968

Migration balance

+ 1,247

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 22,600 / m2

6.4%

34.2%

Vienna Innere Stadt

Other

n/a*

4.0%

> 65 years 25.1%

6-14 years

31.3%

0-5 years

10.0%

Rented First occupancy

15-24 years

Average income (net)

n/a* n/a*

€ 26,005

Vienna Innere Stadt

Ø age 46.9 years

Other

€ 38,198

Invest. property € 6,800 to € 12,000**/ m2

Average age

54.5%

25-64 years

82 land registry transactions for apartments in 2023 saw purchase prices total around € 109.72 million.

41.0

Vienna Innere Stadt

46.9

*The sample observed was too small to deliver reliable and accurate information. ** One-off transaction with predominant retail or commercial component of up to €32,500/m² (2021) or up to €31,000/m² (2023) per square metre recorded on the market.

FIRST VIENNA RESIDENTIAL MARKET REPORT 2024

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