First Vienna Residential Market Report 2024

1140 wien – penzing

47

Wolfersberg

Leyserstraße 2 / EHL

Spallartgasse 19-23 / EHL

Weidlingau

Breitenseer Straße 47 / EHL

Hadersdorf

Wolf in der Au

Hütteldorf

Breitensee

Johnstraße

Ober St. Veit

Park in Sicht Goldschlag- straße 191 / EHL

Penzing

Hietzing

Missindorfstraße 5 / BUWOG

FACTS Demography

Kennedy Garden Penzinger Straße 76 / BUWOG

Sinus-Milieus ®

Residents

96,828 48,498

Upper class Traditional milieus Central milieus Modern lower class

Main residences Persons/household

2.01

Moved in Moved out

+ 5,758 - 3,587 + 2,171

Migration balance

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 6,050 / m2 € 4,150 / m2

34.2%

Vienna Penzing

Other

5.6%

> 65 years 18.8%

8.4%

29.4%

0-5 years

6-14 years

Rented First occupancy

Average income (net)

10.5%

€ 14.20 / m2 € 12.60 / m2

15-24 years

€ 26,005

Vienna Penzing

Ø age 42.7 years

Other

€ 27,482

Invest. property € 2,400 to € 4,600 / m2

Average age

56.7%

25-64 years

595 land registry transactions for apartments in 2023 saw purchase prices total around € 204.08 million.

41.0

Vienna Penzing

42.7

FIRST VIENNA RESIDENTIAL MARKET REPORT 2024

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