First Vienna Residential Market Report 2024

1100 wien – favoriten

37

The Metropolitan Karl-Popper-Straße 5 / EHL

Favoriten- straße 81 / EHL

Südtiroler Platz

Hauptbahnhof

Keplerplatz

Franz Joseph Bloch-Bauer- Promenade 10 / EHL

Reumannplatz

Troststraße

Altes Landgut

Gombrichgasse 3 / BUWOG

THE FAVE Laaer Wald 1 / EHL

Alaudagasse

Oberlaa

Viola Homes Erich-Sokol-Gasse 19 / EHL

FACTS Demography DECK ZEHN Laxenburger Straße 2 / BUWOG

Kurpark Oberlaa

Sinus-Milieus ®

TIMBERLAA Klederinger Straße 63-65 / EHL

Residents

218,415 101,374

Upper class Traditional milieus Central milieus Modern lower class

Main residences Persons/household

2.16

Moved in Moved out

+ 14,710 - 8,768 + 5,942

Migration balance

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 5,600 / m2 € 3,900 / m2

34.2%

Vienna Favoriten

Other

6.7%

> 65 years 15.0%

9.3%

42.3%

0-5 years

6-14 years

Rented First occupancy

Average income (net)

€ 14.10 / m2 € 11.40 / m2

12.1%

€ 26,005

Vienna Favoriten

15-24 years

Ø age 39.7 years

Other

€ 22,365

Invest. property € 1,200 to € 3,900 / m2

Average age

56.9%

25-64 years

781 land registry transactions for apartments in 2023 saw purchase prices total around € 172.72 million.

41.0

Vienna Favoriten

39.7

FIRST VIENNA RESIDENTIAL MARKET REPORT 2024

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