First Vienna Residential Market Report 2024

Urbanism with a village feel

Wildgarten construction sites 9, 11, 13, 20 Lore-Kutschera-Weg 11, Mona-Lisa-Steiner-Weg 5 / EHL

Schloss Hetzendorf

Various qualities and plenty of potential

Vienna’s Twelfth District has long had the reputation of a sleepy, suburban, working-class area. Even so, Meidling has a variety of qualities slowly but surely promoting the district as an up-and- coming place to be. Meidling has been undergoing a remarkable change for some time and this has left a profound mark on the housing market. Effective inner-city transport connections thanks to the two U4 and U6 metro lines and numerous tram and light rail lines make the Twelfth District easy to get to despite its location outside the Vienna Beltway. There is also a lot to discover in Meidling such as the Meidlinger Haupt- straße shopping boulevard, Meidlinger Markt with its wide range of culinary offerings, more than forty parks such as Haydnpark, Miep- Gies-Park, and Wilhelmsdorfer Park with open space for relaxation, and long-standing hotspots such as Schloss Hetzendorf palace and the Theresienbad pool rounding off the range of attractions.

Many new site development and densification projects throughout the district reflect Meidling’s increasing popularity and demand. However, Meidling is also home to increasingly expensive projects. The rise in housing prices has made locations with houses from the Wilhelminian era very attractive for loft conversions. The projects LIV near Meidlinger Markt on Zeleborgasse and Gloria on Ehrenfels- gasse are currently under construction. There are also changes towards climate protection happening in the district. These include an area of around two hundred square metres to be unsealed on Anton-Krutisch-Park as well as a redesign and enlargement project on Paula-von-Mirtow-Park providing almost twice as much green recreation space in the future. The area around Stachegasse is to be transformed from industry and commerce alone into a diverse living space as an example of climate-smart urban development.

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