FIRST RESIDENTIAL MARKET REPORT EDITION 2018 EDITORIAL

DEAR READER

We are proud to present the sixth edition of the First Vienna Residential Looking into the future, we are also looking closely into the needs and Market Report in 2018, a joint publication by BUWOG Group and EHL demands that will be placed on the apartment of the future – whether Immobilien. Generation Y and future generations, or intergenerational and barrier-free living. Digitalisation and changing values will play a significant role in The Mercer study has named Vienna as the city with the highest quality sustainable planning and in construction too. This and progress in au­ of life for the eighth time in a row, and it comes as no surprise that the tonomous driving are developments with a major impact on properties. Austrian capital faces a continuously increasing population with projections We at the BUWOG Group and EHL Immobilien have done our best to at around two million inhabitants by the year 2025. This development stems ensure that our customers and the residents of Vienna enjoy adequate from the increasing attractiveness of urban areas as well as from immigration, housing with correspondingly high quality of living at the state of the but also from the ageing population demographic and increasing trend art not just now, but in the future: residential property not only meets towards single households. As a result, demand has been outstripping supply basic human needs, but also plays a major economic role in employment, on the Viennese housing market for years, a tendency that is still rising at innovation and growth as reflected not only in burgeoning market demand. This makes it all the more important for major players in the property market to shoulder their responsibility. ”Looking into the future, we are also looking closely into the needs placed on an apartment BUWOG Group is one of the largest developers in Vienna and EHL Immo­ bilien is one of the leading real-estate service companies in . As such, FIRST VIENNA by upcoming generations.” we place a lot of importance on passing on our expertise and experience RESIDENTIAL in the housing market while providing a summary of the developments a shortfall of more than ten thousand residential units per annum. Other in the property market in this report. The report contains specific factors, MARKET REPORT factors include cheap credit and low interest rates further stoking demand. perspectives and new developments in all twenty-three . Promoting residential construction will be inevitable to counter this on­ www.residentialmarketvienna.at going trend, especially towards the outskirts. However, developers face We wish you a rewarding read with the First Vienna Residential Market issues such as land scarcity and lengthy rezoning procedures in Vienna. Report 2018.

YOURS SINCERELY

Mag. Daniel Riedl FRICS Andreas Holler, BSc Mag. Michael Ehlmaier FRICS DI Sandra Bauernfeind MRICS CEO BUWOG AG Managing Director of BUWOG Managing Director and Managing Director of EHL shareholder of EHL Immobilien residential property department First Vienna Residential Market Report | 2018 02 03 First Vienna Residential Market Report | 2018

INTRODUCTION INTRODUCTION

TABLE OF CONTENTS OUR MOTIVATION

01 EDITORIAL 36 1100 VIENNA THE FIRST VIENNA RESIDENTIAL MARKET REPORT is now Viennese housing market develop? We’ve asked Christiane Varga from 38 1110 VIENNA in its sixth edition in 2018 since its first appearance in 2013. This makes the Zukunftsinstitut institute of future studies about it. 40 1120 VIENNA us especially proud at BUWOG Group and EHL Immobilien, as our ex­ INTRODUCTION 42 1130 VIENNA perience and knowledge in the real-estate sector as market experts will THIS REPORT – like those from previous years – distinguishes itself 02 TABLE OF CONTENTS 44 1140 VIENNA enable us to give a full insight into the Viennese housing market. from other market reports and studies by only listing final purchase 03 OUR MOTIVATION 46 1150 VIENNA RUDOLFSHEIM-FÜNFHAUS prices or rents as opposed to prices offered. This enhances the validity of 04 BUWOG GROUP 48 1160 VIENNA THE CURRENT EDITION of the First Vienna Residential Market the First Vienna Residential Market Report. As an annual publication, the 05 EHL IMMOBILIEN 50 1170 VIENNA Report will again see the BUWOG Group, as the most active developer, report is also in a position to compare figures for Vienna and its districts. 52 1180 VIENNA WÄHRING and EHL Immobilien, as one of the largest housing services, pool our 54 1190 VIENNA DÖBLING entire knowledge of the field. We have included the main Sinus Milieus® ALL INFORMATION USED corresponds to the current state of aware­ HOUSING MARKET 56 1200 VIENNA prevailing in the districts as collected by INTEGRAL Markt und Meinungs­ ness and the latest data. The statistical information that the report draws on 06 OWNERSHIP STRUCTURE IN 2017 58 1210 VIENNA forschungsges.m.b.H. so as to represent social developments in comes from Statistics Austria (the state statistics office) and the City of Vienna 08 DEMOGRAPHICS OF AUSTRIA 60 1220 VIENNA Vienna as well. Development is an important keyword here: how will the (MA 23 – Economics, Labour and Statistics). 09 HOUSEHOLDS IN AUSTRIA 62 1230 VIENNA 10 DEMOGRAPHICS OF VIENNA 11 HOUSEHOLDS IN VIENNA BUWOG GROUP & EHL IMMOBILIEN PROJECTS 64 RIVUS II / BUWOG GROUP 12 FUTURE RESEARCH 65 WOHNZEILE15 / BUWOG GROUP 13 THE SINUS-MILIEUS® 66 CITY APARTMENTS / BUWOG GROUP 67 SEESEE HOME / BUWOG GROUP 68 GRINZINGER ALLEE / BUWOG GROUP DISTRICTS OF VIENNA 69 HOCH 33 / EHL IMMOBILIEN 16 VIENNA AT A GLANCE 70 UPPER WEST 119 / EHL IMMOBILIEN 18 1010 VIENNA 71 TRIIIPLE STADT.LAND.FLUSS. / EHL IMMOBILIEN 20 1020 VIENNA 72 MYSKY / EHL IMMOBILIEN 22 1030 VIENNA LANDSTRASSE 73 PALAIS SCHOTTENRING VIENNA / EHL IMMOBILIEN 24 1040 VIENNA 26 1050 VIENNA 28 1060 VIENNA 30 1070 VIENNA 74 CLOSING WORDS 32 1080 VIENNA 75 COMMENTS AND TERMINOLOGY 34 1090 VIENNA 77 IMPRINT 04 05

EINLEITUNG

BUWOG GROUP EHL IMMOBILIEN

THE BUWOG GROUP is the leading full-service supplier to the EHL IMMOBILIEN was founded in 1991, and has come to be one of residential housing sector in and Austria with sixty-six years of Austria’s leading residential property service suppliers specialising in res­ experience in the property market. The Group’s high-quality portfolio idential, commercial, and investment properties. Our range of services currently includes around 49,000 units distributed across Germany and extends from estate agency services and property valuation to property Austria. and construction administration; asset, centre and portfolio manage­ ment; and market research and investment banking. OUR HISTORICALLY DEVELOPED BUSINESS MODEL builds on three strategically valuable business areas: new project development EHL IMMOBILIEN ARRANGED tenancy, sale and investment transac­ for the market or transfer to the existing BUWOG portfolio (property tions for 970 residential units and approximately 46,000 m² of office development), value-oriented sales of individual apartments, properties space amounting to a total transaction volume of around 1.6 billion or portfolios (property sales), and asset management form a closed euros in 2017. The rapidly growing property valuation segment has an value-added cycle that is the core business of BUWOG Group. BUWOG annual volume of more than 11 billion euros; in addition, EHL manages AG shares have been listed at the stock exchanges in Frankfurt, Vienna, properties in various asset classes at a total floor space of around and Warsaw since the end of April 2014. 1.85 million square metres. Partnership with the Savills global real estate company has secured a global network for EHL. ACTIVE IN EVERY ASPECT OF CONSTRUCTION AND HOUSING – we use our wide-ranging, long-standing expertise as a solid basis OUR RESPONSIBLE RELATIONSHIPS WITH CUSTOMERS and in serving our customers every day. Awards in project development, partners have been confirmed in several awards. Six EHL executives have sustainability, and the financial markets stand witness to the successful been awarded a total of eight CÄSAR awards for outstanding achievements activity of the BUWOG Group, both in real estate and on the capital in property by the Fachverband der Immobilien- und Vermögenstreuhän­ markets, and showcase the capability, commitment, and professionalism der national property and asset administration association in the WKO Aus­ shared by more than seven hundred employees. We focus on the three trian Economic Chambers. In addition, EHL has been conferred the IMMY largest German-speaking cities of Berlin, Hamburg, and Vienna, and see Award eight times – this is the definitive quality award amongst Viennese great importance in the positive synergy effects of networking our three real estate agents. business divisions. EHL WAS THE FIRST AUSTRIAN COMPANY to be certified ac­ WE AIM TOWARDS INNOVATIVE state-of-the-art housing quality in cord­ing to the European EN 15733 2011 standard for estate agents. As a develop­ing all our residential projects from planning through to manage­ founding member of ÖGNI, we act according to social interests in harmony ment, as it forms the basis for the essential purpose: living satisfaction. × with environmental, economic, and social factors. EHL Immobilien Manage­ ment has been a member of the EHL Group since 2014, and was certified for property management according to ISO 9001 in 2017. This ensures maximum quality standards and transparency towards our customers and BUWOG Group partners. × EHL Immobilien First Vienna Residential Market Report | 2018 06 07 First Vienna Residential Market Report | 2018

HOUSING MARKET

OWNERSHIP STRUCTURE IN 2017

AROUND 900,000 APARTMENTS IN VIENNA count as inhabited, living in owner-occupied apartments occupy a roughly equal share in Vienna with around 75% of households living in rented accommodation – an and Austria; this share is rather low compared to other forms of housing, extraordinary housing market compared to the other eight Austrian while still remaining largely stable. Naturally, most Austrians prefer to live in federal states. Of these 700,000 or so rented apartments, around 400,400 single-family homes, and this is the main household form across the country are owned by the City of Vienna or non-profit housing associations. People – as opposed to Vienna, where this share of households is very low. ×

HOUSING STOCK 2017 VIENNA AUSTRIA

TOTAL PRIMARY RESIDENCES approx. 910,000* approx. 3,875,000*

OWNERSHIP ABSOLUTE FIGURES ABSOLUTE FIGURES

HOUSE OWNER-OCCUPIERS 54,600 1,472,500 APARTMENT OWNER-OCCUPIERS 118,300 426,250 MAIN TENANTS (COLLECTIVE) 700,700 1,627,500 PRIVATE INDIVIDUALS AND LEGAL ENTITIES 300,300 697,500 PUBLIC CORPORATIONS 218,400 310,000 NOT-FOR-PROFIT HOUSING COOPERATIVES 182,000 620,000 SUBLEASES AND OTHER LEASE ARRANGEMENTS 36,400 348,750

* Source: Statistics Austria (new extrapolation method as of the 2014 Microcensus), own calculations First Vienna Residential Market Report | 2018 08 09 First Vienna Residential Market Report | 2018

HOUSING MARKET

DEMOGRAPHICS OF AUSTRIA HOUSEHOLDS IN AUSTRIA

AS AT JANUARY 1, 2017, Austria was home to 8,772,865 people, of whom 5,429,623 were between 20 and 64 years old. According to the latest THE AVERAGE HOUSEHOLD SIZE of the around 3,865,000 private households in Austria was 2.22 people in 2016. The trend towards small forecasts, the population of Austria is expected to reach the 9 million mark in 2022. × households continues, with the figure being similar to that of 2015. In 1985, the average household size was 2.67, while experts predict that this figure will drop to 2.08 by 2080. ×

DEMOGRAPHIC OUTLOOK AGE PROFILE OF POPULATION PRIVATE HOUSEHOLDS FORECAST FOR SINGLE FOR AUSTRIA AS AT JANUARY 1, 2017 AND MULTIPLE-PERSON HOUSEHOLDS IN AUSTRIA

2016 TO 2070 2015 TO 2080

8,739,806 9,869,542

Households in % Population 1,717,725 0 – 19 YEARS 10,000,000 80

1,625,517 > 65 YEARS 70 62.81% 8,000,000 58.15% 60

6,000,000 50 41.85% 37.19% 40

4,000,000 5,429,623 20 – 64 YEARS 30

20 2,000,000 10 SINGLE-PERSON HOUSEHOLDS MULTIPLE-PERSON HOUSEHOLDS 0 Year 0 Year 20052000 2010 2015 2035203020252020 2040 205520502045 20602065 2070 2015 2080

FORECAST FORECAST

→→ Nine million people will be living in Austria by 2022. →→ The number of single-person households is still growing rapidly. →→ By 2070, the population of Austria is expected to rise to 9,869,542 people. →→ From 2015 to 2080, the number of single-person households →→ This corresponds to an increase of nearly 13% from 2016 to 2070. is expected to increase by 38.44% (from 1,413,285 to 1,956,656). →→ By 2070, around 28.5% of the population will be 65 years or over, up from 18.5% in 2016. →→ Over the same time period, the number of private households with more than one person →→ The number of people living in Austria below the age of 20 will continue to drop gradually, is expected to rise by only 13.88% (from 2,387,037 to 2,718,522). from 19.6% in 2016 to 19.0% by 2070. →→ From 2015 to 2080 the total number of private households is expected to rise →→ At the start of 2017, the average age of the people living in Austria was 42.5 years. by almost 23.02% (from 3,800,322 to 4,675,189). →→ The predicted average household size for 2080 is around 2.08 persons. First Vienna Residential Market Report | 2018 10 11 First Vienna Residential Market Report | 2018

HOUSING MARKET

DEMOGRAPHICS OF VIENNA HOUSEHOLDS IN VIENNA

AS AT JANUARY 1, 2017, the population of Vienna was 1,867,582. Of these, 308,687 people were older than 65, and 359,985 were younger than VIENNA HAD AROUND 901,900 HOUSEHOLDS with an average household size of just 2.01 persons in 2016. The households in Vienna 20 years of age. Current forecasts predict that the population of the capital will reach the 2 million mark in 2025. × account for just below a quarter of all households in Austria. ×

DEMOGRAPHIC OUTLOOK AGE PROFILE OF POPULATION PRIVATE HOUSEHOLDS FORECAST FOR SINGLE FOR VIENNA AS AT JANUARY 1, 2017 AND MULTIPLE-PERSON HOUSEHOLDS IN VIENNA

2016 TO 2070 1,853,140 2,238,539 2015 TO 2080

Households in % Population 359,985 0 – 19 YEARS 2,000,000 60 54.62% 52.88%

308,687 > 65 YEARS 50 45.38% 47.12%

1,750,000 40

30 1,198,910 20 – 64 YEARS 1,500,000 20

10 SINGLE-PERSON HOUSEHOLDS

1,250,000 Year 0 Year MULTIPLE-PERSON HOUSEHOLDS 19951985 2005 2015 2030 2040 2050 2060 2070 2015 2080

FORECAST FORECAST

→→ By 2025, Vienna will have a population of more than 2 million. →→ Between 2015 and 2080, the number of single-person households will increase by more than 32.19% →→ By 2070, the population of the city is expected to reach 2,238,539. (from 402,499 to 532,052). →→ This corresponds to an increase of nearly 21% from 2016 to 2070. →→ Over the same period, the number of multiple-person households is expected to rise by more than 22.18% →→ By 2070, around 23.4% of the city‘s population will be 65 years or over, up from 16.6%. (from 484,599 to 592,078). →→ The number of people in Vienna below the age of 20 will increase only gradually, →→ From 2015 to 2080, the number of private households will increase by more than 27.28% (from 887,098 to 1,129,130). from 19.2% today to 20.0% by 2070. →→ It is expected that there will be more than 1 million households in Vienna by 2030. →→ On January 1, 2017, the average age in Vienna was 40.3 years (41.7 for women and 38.8 for men). →→ The predicted average household size for 2080 is 1.95 persons. First Vienna Residential Market Report | 2018 12 13 First Vienna Residential Market Report | 2018

SOCIAL FUTURE THE SINUS- RESEARCH MILIEUS® DEVELOPMENT

SINUS-MILIEUS® CONSTITUTE a model 1) UPPER CLASS / that groups people according to their basic UPPER MIDDLE- High LIVING IN THE WORLD OF TOMORROW attitudes and lifestyles. Sinus Milieu groups CLASS Established Achievers Conservatives differ with regard to their consumer behaviour, Digital Postmaterialists Individualists THE FUTURE OF HOUSING IS VERSATILE, FLEXIBLE AND INDIVIDUAL lifestyle, and living environment. The illustra­ 2) MIDDLE, MIDDLE-CLASS tion shows the current milieu landscape as New Middle Class Adaptive- well as the positions of the different milieus in Traditionals Pragmatists

Which particular target groups merit particular consideration in the future? Neighbourhood quality and the amount of shared space available will Austrian society. Further details on Sinus- 3) LOWER MIDDLE- Escapists ® Consumption play decisive roles. This might be a community kitchen, a library on Milieus are given on page 75. CLASS / LOWER Social Status CLASS Oriented TWO GROUPS WILL BE ALTERING the face of housing especially the ground floor, or a gym for the residents in an apartment block. Is Basic Orientation © INTEGRAL-SINUS Trendforschung heavily in the future: the famous Generation Y and the “young at heart”. there a co-working space available? Does the residents’ community do A) TRADITION B) MODERNISATION C) RE-ORIENTATION Members of Generation Y have grown up in a digital, networked, co-gardening? Sense of Duty and Order Individualisation, Multi-options, Re-focussing, Self-actualisation, Pragmatism new syntheses globalised world, and have been the main drivers of new social sharing Gradually hiving off living comfort into the public and semi-public Pleasure forms that already exist in major cities today – co-working, co-living, domain is not only an effective economic step, but also a necessity for co-gardening. This began with the fundamental concept of a sharing social communications. Single households are increasing in numbers economy based on digital networking supported by the principle of at a share of more than fifty percent in some cities. We will become an TRADITIONAL MILIEUS “using instead of owning”. Homes and neighbourhoods provide child increasingly lonely society if we don’t share. care, elderly care, and community gardens through intelligent utilisation in apartment blocks and residential estates. The future living environ­ What will be the challenges for the housing of tomorrow? ment will be a heterogeneous mix of different groups of individuals with freely formed family structures. In particular, this also applies to the MAJOR CHALLENGES in the coming decades will be population growing group of the “young at heart”. growth, progressive ageing, and growing urbanisation, together with an increasing variety of ways of living. Cities cannot grow in height and What will the apartment of tomorrow be like? width to an infinite degree, but the way we use buildings will change: hybridity, heterogeneity, and flexibility will be the major construction THE FUTURE WILL SEE US talking more about living rather than trends in the coming years. Cities will need relief for them to be liveable housing. We live in ever increasingly crowded cities with growing pres­ again, and this will be most effective when living in the outskirts gains sure on prices and quality housing; we will need to rethink our functional attractiveness. relationship with housing, not only our emotional relationship with it. A variety of mobility options promising a high level of quality service will CONSERVATIVES TRADITIONALS The drive towards more floor area will diminish in favour of shared ensure this, options such as self-driving minibuses in public transport, spaces. car sharing, and carpooling. × Trendsetters in the traditional sphere with high ethics of respon- Emphasis on security, order and stability – rooted in the sibility – strongly characterised by Christian ethics, high estima- old petty-bourgeois world, in the traditional blue-collar tion of education and culture, sceptical towards current social culture, or in the rural milieu. Home tastes are based on development. Home is an expression of upper or middle-class traditional cosiness and rural aesthetics with conventional Christiane Varga lifestyle in clear distinction from current attitudes. Members of furnishings and fittings prevailing. Housing trend researcher this group adhere to traditional, dignified interior design styles & freelance writer at the as reflected in a keen sense of style.

Vienna Zukunftsinstitut institute of future studies Photo: Martin GmbH Joppen Photographie First Vienna Residential Market Report | 2018 14 15 First Vienna Residential Market Report | 2018

UPPER CLASS THE NEW CENTRE

ESTABLISHED POSTMATERIALISTS NEW MIDDLE CLASS ADAPTIVE-PRAGMATISTS

The performance-oriented elite with a strong anchorage Open-minded social critics – intellectual, educated milieu, The adaptive mainstream – seeking professional and social The young pragmatic middle stratum – pronounced life- in tradition – strongly focused on status, exclusiveness, interested in variegated aspects of culture; cosmopolitan establishment, secure and harmonic circumstances, support pragmatism, strong desire for anchorage, membership, responsibility, and leadership. Furnishings often skilfully orientation, but critical towards globalisation; socially and orientation, peace and a slow pace. Members of this security, performance orientation, but also the wish for fun combine tradition and modernity with a keen sense of commited. Home styles are dominated by a sense of group prefer conventional or neo-rustic aesthetics in a and entertainment. The prevailing lifestyle is either trendy style, placing value on outward appearance expressing nature and authenticity while eschewing ostentatious- friendly, yet dignified outward appearance without stylistic or quiet and down-to-earth, practical and expedient. distinction and connoisseurship. ness and excess. Distinction from the mainstream and extravagance; order and cleanliness are paramount. convention­alism plays a crucial role in this social group.

THE MODERN LOWER CLASS

HIGH ACHIEVERS DIGITAL INDIVIDUALISTS CONSUMPTION ORIENTED ESCAPISTS

The flexible and globally oriented performance elite – The individualistic, networking, digital avant-garde – men- The materialistic lower class striving for participation – sense The modern lower middle class, living for the excitement individual performance, efficiency, and success take top tally and geographically mobile, cross-linked online and of discrimination, resentments, and pronounced fears of of the moment – seeking fun and amusement; rejection priority; competent in business and IT. Home styles reflect offline, permanently looking for new experiences. The the future; striving to stay connected with the consumption of traditional standards and conventions. The aesthetic a penchant for open, spacious interior designs with a view home is creatively designed with deliberately unconventio- standards of the middle class. This group displays a yearning of heavy stimuli dominates with a zest for provocation to outward appearance and making a statement nal highlights while integrating elements reflecting a sense for wealth, luxury, and prestige, often with demonstrative and challenging taboos. Convenience plays a major role – in a lifestyle reflecting contemporary attitudes. of ironic conventionalism to showcase non-conformism. shows of modern technology in an attempt to showcase an everything within easy reach for an easy-going life. intact middle-class home. First Vienna Residential Market Report | 2018 16 17 First Vienna Residential Market Report | 2018

DISTRICTS OF VIENNA

THE TABLE contains all key data and facts regarding population, income, THE SECTIONS BELOW provide more detailed information on the proper­ ty prices, and rents. The quoted prices are not asking or advertised prices individual districts, including key demographic data, statistics, and but the prices per m2 that were actually paid upon signing of the contract. special features within the districts. × VIENNA AT A GLANCE

SALE PRICES RENTS RESIDENTS INCOME* DISTRICTS ON CONCLUSION ON CONCLUSION THE MAP OF VIENNA provides an overview of the city districts. For FIRST FIRST better orientation, the map also shows underground metro lines and OCCUPANCY OTHER OCCUPANCY OTHER major roads/motorways. Metro lines that are planned or currently under 1010 VIENNA · INNERE STADT 16,465 € 34,748 € 18,600 € 11,200 n/a ** n/a ** construction are shown as broken lines. × 1020 VIENNA · LEOPOLDSTADT 105,003 € 21,177 € 5,10 0 € 3,600 € 11.80 € 10.00 1030 VIENNA · LANDSTRASSE 90,18 3 € 7 24,26 € 5,15 0 € 3,600 € 12.20 € 10.70 PLANNED EXTENSION OF U2 METRO LINE PLANNED EXTENSION OF U5 METRO LINE 1040 VIENNA · WIEDEN 33,035 € 24,719 € 5,300 € 3,800 € 13.00 € 11.00 CURRENT U2 METRO LINE, TO BECOME 1050 VIENNA · MARGARETEN 55,356 € 19,794 € 0 4,45 € 3,500 € 11.70 € 10.40 PART OF U5 METRO LINE 1060 VIENNA · MARIAHILF 31,865 € 23,150 € 5,10 0 € 0 3,65 € 13.00 € 11.00 A22 21. U Leopoldau 1070 VIENNA · NEUBAU 32,197 € 24,327 € 5,700 € 4,400 € 13.00 € 11.00 1080 VIENNA · JOSEFSTADT 25,528 € 24,523 € 6,000 € 4,400 € 13.00 € 11.30 19. U Floridsdorf 1090 VIENNA · ALSERGRUND 42,709 € 23,720 € 5,700 € 4,10 0 € 12.80 € 11.10 S2 U Heiligenstadt 1100 VIENNA · FAVORITEN 198,083 € 19,047 € 3,800 € 2,500 € 10.70 € 9.00 20. 1110 VIENNA · SIMMERING 100,137 € 20,375 € 3,200 € 2,10 0 € 0 9.7 € 0 8.7 18. U Spittelau 17. 1120 VIENNA · MEIDLING 95,955 € 19,780 € 3,900 € 2,900 € 11.00 € 0 9.8 14. 9. U Seestadt 1130 VIENNA · HIETZING 54,17 1 € 29,402 € 5,500 € 0 3,95 € 12.80 € 10.80 16. U Elterleinplatz ** 1140 VIENNA · PENZING 92,337 € 23,520 € 4,10 0 € 3,000 € 11.00 € 10.20 U Ottakring 8. 1. U Stephansplatz 22. 2. 1150 VIENNA · RUDOLFSHEIM 78,999 € 17,528 € 0 3,75 € 2,700 € 10.90 € 0 9.9 7. U U Westbahnhof 1160 VIENNA · OTTAKRING 104,323 € 19,702 € 3,900 € 2,700 € 10.90 € 0 9.9 U Hütteldorf 6. 15. 4. 3. 1170 VIENNA · HERNALS 57,18 0 € 20,936 € 4,000 € 2,800 € 10.90 € 0 9.9 A1 5. 13. 1180 VIENNA · WÄHRING 51,12 8 € 25,137 € 5,500 € 0 3,65 € 12.60 € 10.70 1190 VIENNA · DÖBLING € € € € € 12. U Simmering 72,107 26,607 6,000 0 3,95 13.00 10.90 U Wienerberg ** 1200 VIENNA · BRIGITTENAU 86,868 € 18,515 € 3,800 € 2,500 € 10.50 € 0 9.6 11. A4 1210 VIENNA · FLORIDSDORF 158,712 € 22,330 € 3,700 € 0 2,55 € 10.60 € 0 9.6 10. 1220 VIENNA · DONAUSTADT 184,18 8 € 24,213 € 3,800 € 0 2,55 € 10.70 € 0 9.6 23. A23 U Oberlaa 1230 VIENNA · LIESING 101,053 € 25,257 € 0 3,75 € 0 2,75 € 10.50 € 0 9.7

U Siebenhirten S1 * Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 VIENNA AIRPORT ** The report assumes residential rents that are not subject to the full scope of the Austrian Tenancy Act. ** Planned extension A21 The sample from the First was too small to deliver any valid information, and has been omitted in the rent levels statistic. U T city wall was replaced by the Ringstraße ring road, a grand boulevard, in city wallwasreplacedbytheRingstraßeringroad,agrandboulevard, U Volkstheater INNERE STADT 1010 HOT SPOTS with a total sales valueof approx.€ with atotalsales In thisdistrict,123 in2017, wereregisteredinthe land registry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY mer “suburbs“,aregroupedaroundtheFirstDistrict.Theformer administrative centreofVienna.DistrictsTwo toNine,thefor­ HE FIRST DISTRICT U Herren- U gasse Museumsquartier Schottentor U

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m m 2 2 have seenaredesign. andHerrengasse some areas,buttouristmagnetssuchasStephansplatz celebrated in2015. in Viennastillhasthecharmofyesteryear Downtown the mid INVESTMENT PROPERTY OTHER RENTED F OF DISTRICTOF DISTRICT SPECIALSPECIAL FEATURES FEATURES and GoldenesU(GoldenU). along Ringstraße. DowntownhotspotsincludeHerrengasse,Graben, Kinsky, andthesoontoberedesignedPostPalaisaremainlylocated 1,as Palais Schottenring Vienna, Börseplatz in Palais apartments luxury leading tocorrespondingavailability. developmentprojectssuch New at an unmitigated high. This year will see a variety of new projects ofnew at anunmitigatedhigh.Thisyearwillseeavariety centre The FirstDistrictisboomingwithdemandforhousinginthecity VIENNA OF HEART THE IN LIVING IRST OCCUPANCY

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* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.89 8,905 16,465 HOUSING FACTS MIGRATION BALANCE MOVED IN MO pubs andrestaurants. totrendy cosmopolitan environmentanditsproximity inthisHigh Achieversfeelespeciallycomfortable neighbourhood andappreciatethecultural offer,while The Estab Mostly theEstablishedandHighAchieverslivehere. FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 34,748 VED OUT

22, -4.1% ­ lished enjoythegoodreputationoftheir

PERSONS MAIN RESIDENCES RESIDENTS 2017

* INNERESTADT VIENNA

/

HOU INNERE STADT 24.5% SEHOLD 2017

® VIENNA 28.6% – + +

1 1 ,869 ,956

87

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented cotnig 18 Schottenring Postmaterialists Pragmatists Adaptive- 4,148 9,030 1,536 968 783 AGE Escapists 40.0% 10.6% 49.4%

/

H Immobilien EHL > 25 15 6 0

Individu-

65 – – Digital

–

alists 46.

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

3 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

© CUBUS U Schottenring Augarten N dams, and canals; today, the main topology consists of densely densely of consists topology main the today, canals; and dams, flooding, to prone areas have to used district The District. Twentieth U Karme Schwedenplatz viertel liter LEOPOLDSTADT 1020 HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,696 OTHER F OWNER-OCCUPIED HOUSING COSTS ­- ­ IRST OCCUPANCY

and the , creating an island, together with the the with together island, an creating Danube, the and Canal) (Danube the between is located AMED AFTER EMPERORAMED AFTER LEOPOLD I, U Stuwer- viertel Praterstern

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��������������������������������������������� U Handelskai Stadion U Donaumarina THE ISLAND (PRICE/

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INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES the Augarten areainpreviousyears. the Augarten and Karmeliterviertel, the popularneighbourhoodsStuwerviertel, fair ground)andLassallestraße havedevelopedpositively,asdid bahnhof r First District.ThelargeurbandevelopmentareaaroundtheNord The SecondDistrictfeaturesacentral locationclosetotheadjoining LEOPOLDSTADT GAINING URBANITY facilities. recreational and extensive 52.2 hectares with gardens of city the baroque important culturally and one most ofprovides oldest the particular in Augarten the Prater, the to addition In spaces. green extensive with interspersed neighbourhoods urban developed IRST OCCUPANCY

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ailway station and Prater (university campusandtradeailway stationandPrater (university

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* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 LEOPOLDSTADT 33.5% 2.05 51,792 105,003 HOUSING FACTS MIGRATION BALANCE MOVED IN MO small budgetmakeforaninteresting andvarieddistrict. fora opportunities Nearby shoppingandentertainment affordable residentialareaswithtraditional pubculture. Leopoldstadt; thepeopleinthisgrouppreferrelatively The ConsumptionOrientedareespeciallyathomein FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 21,177 VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU + SEHOLD 2017

4.9%

® VIENNA 28.6% LEOPOLDSTADT + – +

14,2 15,5 1,349 42 91

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented ogresrß 98 Vorgartenstraße Postmaterialists Pragmatists Adaptive- 15,397 60,450 13,496 8,664 6,996 AGE Escapists 2 56.3% 22.8% 0.9%

/ > 25 15 6 0

UO Group BUWOG Individu-

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

38. – 14 5

24

64

9 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

T Rochusmarkt as the district’s own bustlingfocalpoint.Evenso,thedistrictRochusmarkt asthedistrict’sown U Stadtpark Stadtpark 1030 LANDSTRASSE HOT SPOTS Quartier Belvedere Quartier with a total sales valueof approx.€ with atotalsales In thisdistrict,1,079 in2017, wereregisteredinthelandregistry changes ofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY HE FIRST EXPANSION CITY trict. Landstraße now counts as an extension tothecitycentrewith countsasanextension trict. Landstraßenow Erdberg, LandstraßeundWeißgerber mergeintotheThirdDis­ U Rennweg Landstraße Landstraßer Gürtel

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305 million. 305 - Platz in1850 the suburbs saw berger Lände Erd- U Schlachthausgasse m 2 ) €3,6 U €5, Erdberg U 150 00 Gasometer

/ /

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INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES Rochusmarkt, apopularplaceamongsttheViennese.Landstraße The ThirdDistrictbenefitsfromitscentral location,Belvedere,and AROUND ROCHUSMARKT near St.Marx. the Aspanggründe-EurogateurbandevelopmentareaandMGCPlaza Landyard, andEnsemblealongErdbergerLände andDonaukanal, park includeTheAmbassyandAmHeumarkt25aswellTrIIIple, residentialprojectsindevelopmentnearthecity demand. New development asreflectedintheever-increasing is currentlyunderheavy housing. centreforresearch,media,and developed anewly streets uptoSt.Marx, and vibrant shopping neighbourhoods to the elegant Embassy Quarter is full of stark contrasts from the venerable Viennese working IRST OCCUPANCY

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- class 22 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.97 46,217 90,183 HOUSING FACTS MIGRATION BALANCE MOVED IN MO tive barandrestaur green areasappealingtoPostmaterialists, andtheattrac withthecultural attractionsfeel especiallycomfortable and inhabitants, wherePostmaterialistsandHighAchievers of ofthedistrictisreflectedindiversity The diversity FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE LANDSTRASSE 30.0% 173 € € 24,267 VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

ant sceneattracting HighAchievers.

* VIENNA LANDSTRASSE

/

HOU SEHOLD 2017

® VIENNA 28.6% +

1.4% + – +

12,6 12, 193 431

­ its 24 ­

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New cnrhas 9 Schnirchgasse salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 14,690 53,474 10,608 6,403 5,008

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H Immobilien EHL > 25 15 6 0

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24

64

YEAR YEAR YEAR YEAR YEARS S S S S S

© ZOOMVP W dense settlement and the paucity of green areas, the district still offers offers still district the areas, green of paucity the and settlement dense District’s Fourth the with Even ago. ahalf and acentury around it from 1040 HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry In thisdistrict,243changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS IRST OCCUPANCY WIEDEN

IEDEN BOASTS A HISTORY GOING AHISTORY BOASTS IEDEN Vienna. The districts Margareten and Favoriten developed districts The Vienna. of districts urbane most the of one currently is and

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�������������������������������������������� U tiroler Favoritenstraße Platz Süd- Taubstummengasse Argen- tinier- straße U “ON WIEDEN” Südtiroler Platz Hauptbahnhof (PRICE/

112million. Prinz - Eugen m 2 - back centuries, centuries, back ) Straße €3,800 €5, 300

/ /

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES hidden courtyards alongArgentinierstraße. hidden courtyards well-healed clientsareindevelopmenttherevitalisedPalaisand gained inattractiveness. Luxuriousindividualprojectsaimedatmore have mainrailway stationandSüdtirolerPlatz area aroundthenew the fromthemostpopularhotspot,Freihausviertel, the district.Apart Hauptbahnhofmainrailway stationhavestokeddemandfornew andgoodlinkstothe totheinnercity District’sproximity The Fourth QUARTER EMBASSY THE IN LIVING St. Charles. Charles. St. of Church the and Technology of University Vienna to home also is it system, metro city’s the for ahub only not is Karlsplatz and Museum. Wagner RadioKulturhaus, Pavillon, including Otto highlights, cultural of way the in for wish could anyone everything IRST OCCUPANCY

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/ / /

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* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.93 17,061 33,035 HOUSING FACTS MIGRATION BALANCE MOVED IN MO location. the variedrestaurants andcafés,thedistrict’s central High Achieversenjoytheprestigiousresidential environment, paths,while ofcycle cational institutionsandgoodnetwork toedu- Wieden. Postmaterialistsappreciatetheproximity livein Postmaterialists andHighAchieversinparticular FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 24,719 VED OUT

22, WIEDEN 31.0%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* WIEDEN VIENNA

/

HOU SEHOLD 2017

® VIENNA 28.6% +

2.4% – + +

5, 5,214 432 218

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented oleegse 6 Wohllebengasse Postmaterialists Pragmatists Adaptive- 5,585 19,565 4,079 2,172 1,634 AGE Escapists 25.6% 10.0% 64.4%

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

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24

64

.3 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

© comm.ag K (“Gürtel”) that does not adjoin the inner city. Margareten may be one that does not adjoin the inner city.be (“Gürtel”) Margareten may U 1050 MARGARETEN Margartengürtel HOT SPOTS with a total sales valueof approx.€ with atotalsales In thisdistrict,419 in2017, were registeredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY ups. Margareten hasbecomeahipareawithplentyofstart NOWN ASAFORMERWORKING-CLASS DISTRICT, However, this is the only district within the Vienna Beltway However,

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�������������������������������������������� U Pilgramgasse INTERNAL DIVERSITY Matzleinsdorfer Platz Matzleinsdorfer (PRICE/ Nasch

Margare- markt 108 million. 108 tenplatz U Kettenbrückengasse ­- m Wiedner Hauptstraße 2 ) €3,500 €4, 450

/ /

m m 2 2 -

of thedistrictswithhighestpopulationdensity,butitdoeshave district. inthe networkservices improvingpublictransport metro lineextended, a numberofparksandgreenspaces.ThecomingyearswillseetheU2 INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES gasse isduetobecompletedin2020. A largerhousingprojectinthedevelopmentphaseonSiebenbrunnen- aswell. Platz line hasincreaseddemandaroundMatzleinsdorfer theU2metro connectionswiththeU4metroline.Extending transport andgoodpublichoods onKettenbrückengasse andMargaretenplatz, Margareten benefitsfromtheadjoiningNaschmarktandneighbour- UPWARD TREND IRST OCCUPANCY

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* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.92 29,156 55,356 HOUSING FACTS MIGRATION BALANCE MOVED IN MO arts scene. arts cult pubs,whileEscapistsareattracted tothealternative aswellthetrendybarscenewithits the cultural diversity forDigitalIndividualists, whoappreciate student apartments mainlyappealstoEscapistsandoffersattractive (“Gürtel”) The affordableresidentialareaclosetotheViennaBeltway FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € 19,794 € MARGARETEN 36.0% VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU + SEHOLD 2017

7.4%

® VIENNA 28.6% MARGARETEN + – +

8,882 8, 703 179

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con Siebenbrunnengasse ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 7,618 34,170 6,851 3,614 3,103 19–21 AGE Escapists 31 4.4% 64.3%

.3%

/

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.3 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

© SIMMO AG U Gumpendorfer Straße Gumpendorfer U A sive shopping opportunities on Mariahilfer Straße and around Gumpen­ onMariahilfer Straßeandaround sive shoppingopportunities ­ links,thedistrictishometoexten andgoodpublictransport to downtown Westbahnhof U 1060 Margartengürtel HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,250 OTHER F OWNER-OCCUPIED HOUSING COSTS MARIAHILF IRST OCCUPANCY

T ANAREAOF1.48 SQUARE KILOMETRES, has a lot to offer for residents: apart fromitsproximity has alottoofferforresidents:apart hilf isthesecondsmallestdistrictinVienna.Evenso,Mariahilf Mariahilfer Straße

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��������������������������������������������� Gumpendorfer Straße Gumpendorfer Maria Str hilfer aße ­- U ENJOYABLE LIVING (PRICE/ U

82 million. 82 Neubaugasse Pilgramgasse Gumpen- Straße dorfer Mariahilfer Straße U m Kettenbrückengasse 2 ) U €3,650 €5, Museumsquartier Nasch Getreide- markt 100 markt Maria­

/ / ­-

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES dor the district’sattractiveness asreflectedindemandalongGumpen enhance totheU2andU5metrolineswillfurther planned extension from traffic calminginstalledonandaroundMariahilferStraße. The initial teethingtroubles.Residentsandthelocalscenealikebenefit The reconstructedMariahilferStraße seemstobedevelopingwellafter MANY ROADS LEAD TO MARIAHILF terra zoo. to enjoynationalandinternationaldelicacies.AlandmarkinMariahilf, forlocalsandvisitorslooking market inthecityisapermanentfixture Straße.Thedistrict’shighlightisNaschmarkt:thelargestdeli dorfer the formeranti IRST OCCUPANCY fer Straße andaroundHausdesMeeresuptoGetreidemarkt.

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aircraft tower is now hometotheHausdesMeeresaqua isnow aircraft tower ���������������������������������������������

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/ / /

m m m 2 2 2 ­ 2 × 8 -

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© Real-Treuhand Immobilien Vertriebs GmbH 1.89 16,831 31,865 HOUSING FACTS MIGRATION BALANCE MOVED IN MO long openinghours. and especiallytheMariahilferStraße shoppingmilewith its flairofNaschmarkt High Achieversareattracted tothelifestyle pathsandpedestrianprecincts,while ofcycle proportion numbers inthisdistrict.Postmaterialistsappreciatethehigh High AchieversandPostmaterialistsliveinabove-average FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 23,150 VED OUT

22, MARIAHILF 28.7%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA MARIAHILF

/

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® VIENNA 28.6%

0.1% + – +

5 5,22 ,063 165 8

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists iinas 36 Liniengasse Pragmatists Adaptive- 4,755 19,989 3,868 1,780 1,473 AGE Escapists 30. 3.9% 66.0%

1% /

H Immobilien EHL

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

YEAR YEAR YEAR YEAR YEARS S S S S S

T quarter nestledintheformerimperialstableshasestablisheditsplace quarter U U Burggasse Thaliastraße 1070 HOT SPOTS with a total sales valueof approx.€ with atotalsales In thisdistrict,219 in2017, were registeredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY HE SEVENTHDISTRICT up by many young designers. The Museumsquartier museum up bymanyyoungdesigners.TheMuseumsquartier creative sceneasreflectedinthetrendypubsandshopsset NEUBAU - U Stadthalle Westbahnhof

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��������������������������������������������� Neubau- gasse U counts astheepicentreof Siebensterngasse THE HIPDISTRICT Neubaugasse (PRICE/

99 million. 99 Mariahilfer Straße Spittel berg m ­ 2 U ) Volkstheater quartier €4, €5, Muse- ums- 400 700

/ /

m m 2 2 INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES Spittelberg, andNeubaugasse. encompass thehighlyfrequentedareaaroundMuseumsquartier, Mariahilfer Straße isthemostinterestingdevelopment.Hotspots of theformerKurierbuildinglocatedwithinwalkingdistancefrom residentialhigh-riseprojectonthesitedevelopments. Thenew ideasanda youthfulpopulationwithunbrokeninterestinnew The districtisstillhighlypopularamongstthecreativesceneand VIENNESE SOHO dominate thedistrict’sarchitecture. Wilhelminian larly attractivetostudents.Thepreserved ­ linksandproximitytotheuniversitymakedistrictparticu transport public as ahighlyfrequentedculturalattraction.Thedistrict’sexcellent IRST OCCUPANCY

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/ / /

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30 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.85 17,698 32,197 HOUSING FACTS MIGRATION BALANCE MOVED IN MO conversions. flat-shares, andHighAchieversenjoy theattractive loft flatsthatmakeideal set greatstorebyWilhelminian-style studios torestaurants andtrendybars.Digital Individualists from ofthedistrictwitheverything ciate thecultural diversity ists, HighAchieversandDigitalIndividualistsespeciallyappre- The SeventhDistrictmainlyhasthreegroups–Postmaterial- FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 24,327 VED OUT

22, NEUBAU 29.0%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA NEUBAU

/

HOU SEHOLD 2017 +

® VIENNA 28.6%

0.4% + – +

5 5, ,273 ,273 190 83

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists idnas 60 Lindengasse Pragmatists Adaptive- 4,448 20,528 3,811 1,810 1,600 AGE Escapists 25. 2.3% 72.6%

1%

/

> 25 15 6 0

UO Group BUWOG Individu-

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

YEAR YEAR YEAR YEAR YEARS S S S S S

U Josefstädter Straße Bennoplatz, Piaristenplatz with plenty of bars and restaurants to stop at. The withplentyofbarsandrestaurantstostopat.The Piaristenplatz Bennoplatz, J 1080 HOT SPOTS JOSEFSTADT with a total sales valueof approx.€ with atotalsales In thisdistrict,187 in2017, were registeredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS IRST OCCUPANCY

available, the district has many open squares such as Albertplatz, available, thedistricthasmanyopensquaressuchasAlbertplatz, and alsooneofthemostdenselybuilt.Evenwithlimitedspace JOSEFSTADT Josefstädter Straße

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60 million. 60 Lange Gasse district in Vienna, district inVienna, m 2 ) €6, €4, Floriani- park U 000 400 Rathaus

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INVESTMENT PROPERTY OTHER RENTED F theatre in Vienna. The little sister of the Seventh District, Josefstadt has plenty District,Josefstadthasplenty theatre inVienna.ThelittlesisteroftheSeventh district centresonitstheatre,TheaterinderJosefstadt,theoldeststillexisting more bars,students,andslightlyBiedermeier of schools and lies in close proximity to the , but also has OF DISTRICT SPECIAL FEATURES struc midst oftheEighthDistrict,andotherresidentialbuildingswithsolid rightinthe Hamerling” prestigeprojectprovidesmaximumexclusivity Therecentlycompleted“Das (“Gürtel”). and theViennaBeltway The EighthDistrictofViennaat1.1 theFirstDistrict km²liesbetween ISSMALL BEAUTIFUL Straße and Albertgasse withtheadjoiningFlorianigasse. Straße andAlbertgasse hospital suchasLaudongasse andLange Gasse,butalsoJosefstädter neartheoldAKH spots inthedistrictmainlyincludealleyways IRST OCCUPANCY tures arebeingrevitalisedandfittedoutintoluxur ­

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/ / /

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© Das Hamerling 1.95 13,168 25,528 HOUSING FACTS MIGRATION BALANCE MOVED IN MO attractive toPostmaterialists. options aswelltraffic calmingmake thedistrictespecially restaurants andcafés,thewiderange of cultural recreation to identifywithdistrictpolitics.Anethnicallydiverserange of Postmaterialists –theprevailinggroupindistrictneed FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 24,523 JOSEFSTADT 30.1% VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

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/

HOU SEHOLD 2017

® VIENNA 28.6% +

1.5% + – +

5 6, ,963 407 370

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New rtnhlegse 5 Krotenthallergasse salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 3,852 15,224 3,870 1,410 1,172 AGE Escapists 2 1.9% 70.0% 8.1%

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24

64

.9 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

U Alser Straße U L at the WUK culturalcentre,Volksoper,at theWUK andPalaisLiechtensteinwiththe Michelbeuern 1090 ALSERGRUND HOT SPOTS

with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,394 OTHER F OWNER-OCCUPIED HOUSING COSTS IRST OCCUPANCY IKE THESEVENTHANDEIGHTHDISTRICTS, instance along Donaukanal. Thereisavarietyofculturalevents instance alongDonaukanal. is dominatedbyuniversities,students,andavariednightlife,for U - AKH Währinger Straße

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Bahnhof 164 million. 164 Josefs- Franz- - Josefs U U - Bahnhof Schottentor Serviten- Friedensbrücke viertel m U 2 Roßauer Lände ) Donau- kanal U €5, €4, Schottenring Alsergrund 700 100

/ /

m m 2 2 INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES the old AKH hospital,andtheareaalongDonaukanal. the oldAKH The mostpopularhotspotsinthedistrictincludeServitenviertel, enhanced the district’s value.some with revitalisation, have further Franz JosefStation,andotherprojectsalongLiechtensteinstraße, students. CurrentresidentialprojectssuchasonAlthangründe, beenimmenselypopular, andnotonlyamong district hasalways culture,education,andwater–Alsergrundhasitall.TheArt, KEY IS VERSATILITY highlight: theStrudlhofstiegestaircasemadeworld is anidealbaseforshoppingandsightseeingtoursinVienna.Another otherdistricts,andLiechtensteinmuseum. Alsergrundbordersonseven von Doderer. IRST OCCUPANCY

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/ / /

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* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.89 22,975 42,709 HOUSING FACTS MIGRATION BALANCE MOVED IN MO to the attractions that the north ofVienna hastooffer.to theattractions thatthenorth numerous universitiesinthearea,and enjoybeingclose High Achievers.Postmaterialistsalso appreciatethe dormitories increasingthedistrict’sattractiveness for andresidentstudentNinth District,withemergingquarters Many HighAchieversandPostmaterialistsliveinthe FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 23,720 ALSERGRUND 32.2% VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

* ALSERGRUND VIENNA

/

HOU SEHOLD 2017

® VIENNA 28.6% +

. % 3.6 – – +

8, 8

,426 508 934

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con Nußdorfer Straße 90–92 ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 6,338 25,461 6,079 2,570 2,211 AGE Escapists 32.0% 7.5% 60.5%

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YEAR YEAR YEAR YEAR YEARS mobilien S S S S

© PREMIUM Immobilien AG Triester Straße F and cultures.Viktor while modern residential areas such as Sonnwendviertel and Quartier andQuartier while modernresidentialareassuchasSonnwendviertel 1100 Wiener- with a total sales valueof approx.€ with atotalsales In thisdistrict,1,601 in2017, wereregisteredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS berg

FAVORITEN IRST OCCUPANCY AVORITEN ISTHE the Tenth foritsdiversityofpeople,languages, Districtisknown inhabitantslivehere,whichiswhy Some twohundredthousand Reumannplatz

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�������������������������������������������� U U ­ mostheavilypopulateddistrictinVienna. Alaudagasse Troststraße U Altes Landgut wend- viertel Sonn- CITY INACITY CITY (PRICE/

311million. U Oberlaa Oberlaa m HOT SPOTS 2 ) €2,500 €3,800

/ /

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES include Sonnwendviertel withtheHelmut-Zilk-ParkandBelvedere. include Sonnwendviertel site.Otherhotspots under constructionontheformerCoca-Cola housingprojects includes new U2extension accessible bythenew ofVienna.TheAmWienerbergdevelopment ontheoutskirts properties residentialattractive tomanydevelopersaimingtowardsbuildingnew the U1metrolineavailablesinceautumnof2017. Thisisalso A fifteen-minute ride from Stephansplatz toOberlaaisallittakesin A fifteen-minuteridefromStephansplatz NATURE INTO AND CITY THE OF OUT the U2lineisalsoinplanning. sinceSeptember2017,the southerndistrictboundary to andanextension hills aswellintheOberlaaspagardens.TheU1metrolinehasserved sive recreational and leisure facilities on the Wienerberg and Laaer Berg ­ Belvedere arelocatedaroundtheHauptbahnhofmainstation,andexten IRST OCCUPANCY

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/ / /

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36

×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.15 92,269 198,083 HOUSING FACTS MIGRATION BALANCE MOVED IN MO one place. in developedneighbourhoodsthat offereverything and newly ate thefamily atmosphereinthelessdensely developedareas and attractive costofliving,whileAdaptive-Pragmatists appreci- ofthelong-establishedresidentialareas order, andstability sented intheTenth District. Traditionals areattracted tothesafety, Traditionals andAdaptive-Pragmatists areespeciallywell-repre- FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 19,047 VED OUT

22, FAVORITEN 34.5%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU + SEHOLD 2017

5.9%

® VIENNA 28.6% FAVORITEN + – +

20,600 2 2,470 3,070 3,070

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented Triester Straße 91 Postmaterialists Pragmatists Adaptive- 31,797 110,317 24,448 18,062 13,459 AGE Escapists 18. 45.8% 35.7%

5%

/ > 25 15 6 0

B Individu-

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24

64

.5 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

S Haide. Main attractions include Vienna’s central cemetery with Haide. MainattractionsincludeVienna’scentralcemetery HOT SPOTS 1110 with a total sales valueof approx.€ with atotalsales In thisdistrict,674 in2017, were registeredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS SIMMERING IRST OCCUPANCY Geiselbergstraße

IMMERING MAY BEKNOWN ASACLASSICAL agricultural land known totheVienneseasSimmeringeragricultural landknown trial working Grillgasse U U U Zippererstraße Gasometer Enkplatz

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�������������������������������������������� DISTRICT THE UNDERESTIMATED (PRICE/

132 million. 132 A4 m Kaiserebersdorf 2 Kaiser ebers ) dorf €3,2 €2, ­- ­ 100 00 indus­

/ /

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES is still very popular.is stillvery enhance theEleventhDistrict’svalue.TheareaaroundKaiserebersdorf tothecountryside centreandproximity linkstothecity transport Markhof estateandtheareaaroundGasometer. Goodpublic projects alongSimmeringerHauptstraße, suchastheformerMautner constructionThe districtbenefitsfrommoderate pricesandmanynew WHERE INDUSTRY AND NATURE MEET palace withitsopen Nouveaubuildings,SchlossNeugebäude numerous cenotaphsandArt bour with the cemetery of the nameless where unknown victims of the of thenameless whereunknown bour with the cemetery Danube havebeenlaidtorest. IRST OCCUPANCY

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- air cinemainthesummer,andAlbernerHafenhar­ �����������������������������������������������

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/ / /

m m m 2 2 2 38 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.17 46,441 100,137 HOUSING FACTS MIGRATION BALANCE MOVED IN MO range ofbargain-priceshoppingopportunities. Consum are drawn tothefamily-oriented housingestates, andthe neighbourhoods thatgobackyears, Adaptive-Pragmatists and theConsumptionOriented.Traditionals appreciate ofTraditionals,Simmering hasamixture Adaptive-Pragmatists, FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 20,375 VED OUT

22, ­ ption Orientedareespeciallyattr

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

1.6%

* VIENNA

/

HOU SIMMERING 27.0% SEHOLD 2017

® VIENNA 28.6% acted tothewide SIMMERING + – +

11 2,433 8,86 ,300 7

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con oaJcmn-ig 2–4 Rosa-Jochmann-Ring ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 14,768 56,205 12,286 9,653 7,225 AGE Escapists 21 41.8% 36.5%

.7%

/ > 25 15 6 0

UO Group BUWOG Individu-

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24

64

7 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

M centre. Meidling train station certainly plays a part inthis,butsodothe playsapart centre. Meidlingtrainstationcertainly Hetzendorfer Straße Hetzendorfer 1120 HOT SPOTS with a total sales valueof approx.€ with atotalsales In thisdistrict,1,031 in2017, wereregisteredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS IRST OCCUPANCY MEIDLING

the outskir bourhoods andvillagestructures,despiteitslocationon EIDLING HAS Hetzen-

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both densely developed working both denselydeveloped Schönbrunn ��������������������������������������������� U Am Schöpfwerk Haupt- U manns- straße U Meid- linger U dorf Alt- Meidling Hauptstraße Tscherttegasse Philadelphiabrücke A VIENNESE MARKET U (PRICE/

234 million. 234 Niederhofstraße U Wienerbergstraße Längenfeldgasse Meidling m Wien- fluss 2 ) €2, €3, - class neigh­ 900 900

/ /

m m 2 2 the attractivenessofarea,denselybuiltasitis. Meidlinger Marktwereredesignedinthelastfe tionally roundsoffaccesstothecitycentre.MeidlingerHauptstraßeand many bus, tram, and metro connections. The Wiental cycle pathadd many bus,tram,andmetroconnections.TheWientalcycle INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES The areaaroundArndtstraße leadingtoMeidlingerMarkt connection.metro lines),andthesouthboundmotorway (U4andU6 publictransport Meidlinger Hauptstraße, excellent The districtbenefitsfromtheRiverWien,MeidlingerMarktand DOWN SOUTH and theareaalongRiverWien. Altmannsdorf, train station,MeidlingerHauptstraße, Hetzendorf, development. HotspotsincludetheareaaroundMeidlingregional the Schönbrunnpalacegardenshaveseenhighlyfavourable as welltheareaaroundMeidlingerMarktmetrostationnear IRST OCCUPANCY

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to €2,200 €11 €9 .00 .80

/ / /

m m m

2 2 2 40 × i­ ­

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.06 46,855 95,955 HOUSING FACTS MIGRATION BALANCE MOVED IN MO District especiallyattractive tothem. low prices,butthesmall-townatmosphere makestheTwelfth living incouncilhousingestates.Traditionals also appreciate the with theConsumptionOrienteddue totheaffordablecostof Oriented alongsideTraditionals. Meidlingisespeciallypopular The maingroupinthedistrictconsistsofConsumption FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 19,780 VED OUT

22, MEIDLING 32.7%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU SEHOLD 2017

® VIENNA 28.6% +

4.1% MEIDLING + – +

13, 11 1,519 ,810 329

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Rechte Wienzeile229 Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 15,063 54,808 11,855 8,184 6,045 AGE Escapists 2 12.5% 59.9% 7.6%

/ > 25 15 6 0

B

Individu-

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.7 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

S Egon SchieleandGustavKlimtareamongstthenamesthatcalledthis In particular, theplentifulparklandareassuchasLainzerIn particular, Tiergarten to thisday,andalsohasitseffectonhousingpricesinthedistrict. ofHietzing The district’swell-heeledpopulationreflectstheroyalhistory ROYAL FLAIR SPECIAL FEATURES OFDISTRICT 1130 with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,450 OTHER F OWNER-OCCUPIED HOUSING COSTS IRST OCCUPANCY

HIETZING around Hietzing into the exclusive uptown district it is now. uptown into the exclusive around Hietzing turningtheareainandlife atthebehestofMariaTheresa, CHLOSS SCHÖNBRUNN

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�������������������������������������������� St. Veit Ober U Hütteldorf U palace became a centreof court Ober St.Veit REGAL GREEN (PRICE/

138 million. 138 Lainz U Unter St.Veit Lainzer Straße Preyergasse/Speising m 2 ) €5,500 €3, 950 U Hietzing Hietzing Alt-

Grünbergstraße / /

m m 2 2 quality oflivingandplentygreenspace.Various publictransport isVienna’s“greenest”districtandfeatureshigh district home.Hietzing excels initsidyllicsettingratherthancitylife. excels mainly routes provideasolidconnectiontothecitycentre,butHietzing INVESTMENT PROPERTY OTHER RENTED F residential projects in development around Lainzer Platzl. Thedistrict‘sresidential projectsindevelopmentaroundLainzer Platzl. buildings.Thisincludesnew being usedanddevelopedasapartment demand andhighlandpriceshaveledtoincreasingnumbersofvillaplots makethedistrictattractive. Heavy together withthelowtraffic density hot spots are Alt-Hietzing, OberSt.Veit,hot spotsareAlt-Hietzing, andLainz. IRST OCCUPANCY HOT SPOTS

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to €3,250 €10.80 €12.80

/ / /

m m m 2 2 2 42 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.03 26,801 54,171 HOUSING FACTS MIGRATION BALANCE MOVED IN MO of thedistrict. and the architecturalVienna Woods diversity inthevicinity, and Postmaterialistsappreciatethespacious parks,the upmarket restaurants isespeciallyattractive totheEstablished, residentialareawithitstraditional villasand This exclusive ishometotheEstablishedandPostmaterialists. Hietzing FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € 29,402 € VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

9.1%

* HIETZING VIENNA

/

HOU HIETZING 19.5%HIETZING SEHOLD 2017

® VIENNA 28.6% + – +

5,216 5,651 435

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Lainzer Straße 147 Oriented Postmaterialists Pragmatists Adaptive- 12,934 28,383 5,465 4,321 3,068 AGE Escapists 5. 70.7% 23.4% 9%

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3 YEARS

YEAR YEAR YEAR YEAR YEARS mobilien S S S S

© S+B Wohnbau T dominate towards thecentreofdistrict,whileWilhelminian dominate towards 1140 with a total sales valueof approx.€ with atotalsales In thisdistrict,1,106 in2017, wereregisteredintheland registry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS Mauerbachstraße

IRST OCCUPANCY PENZING HE FOURTEENTH DISTRICT COMBINES a modern shopping centre. Apartment buildings and public housing buildingsandpublichousing a modernshoppingcentre.Apartment with cityflair,long Weidlingau Auhof

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��������������������������������������������� Wolf inderAu - established handicraftbusinessesalong Wolfers U berg Hütteldorf Amundsenstraße WOODY HEIGHTS (PRICE/ HOT SPOTS Linzer Straße

­ 270 million. 270 U Hadikgasse Ober St.Veit m 2 ) times gone by times goneby €3, €4, - style villas style villas 000 100 Hütteldorfer Straße Hütteldorfer

/ / side ­

m m 2 2

Kennedy- brücke INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES area aroundKennedy Bridge,Wolfersberg, Breitensee, andAuhof. Körnerkaserne Districtincludethe barracks. HotspotsintheFourteenth developments suchasonPenzingerStraße, atBreitensee,ortheformer continues toattract increasingnumbersofpeopleasreflectedinproject main railway stationorHandelskai.Thequietandgreensuburbanarea tothe fromHütteldorf metro linesandtheS-Bahnregionalrail service connectionswiththeU3andU4 publictransport Penzing hasexcellent GREEN SUBURB through, the river path serving as a popular route for cyclists and joggers. and asapopularrouteforcyclists through, theriverpathserving ing awidevarietyofleisureandrecreationalactivities.TheRiverWienpasses landmark visiblefromafar. AlmosthalfofPenzing consistsofwoodlandoffer­ thecitylimits.TheOttoWagnerchurchisadistrict are tobefoundtowards Breiten IRST OCCUPANCY see U ­

Hietzing Penzing Breitensee ������������������������������������������������������������������

U Johnstraße ����������������������������������������������

��������������� €1 ,200

to €2,250 €10.2 €11 .00 0

/ / /

m m m 2 2 2

44 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2,04 45.636 92.337 HOUSING FACTS MIGRATION BALANCE MOVED IN MO and high-quality constructiondevelopmentprojects. and high-quality attractive residentialestateswithdetached family homes, connections,traditional buildings,with goodmotorway vatives; thisislargelyduetothequietsuburbanlocation Penzing ismainlyhometotheEstablishedandConser- FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 23,520 VED OUT

22, -

3.6%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA PENZING

/

HOU PENZING 25.0% SEHOLD 2017

® VIENNA 28.6% + – +

10, 9 ,552 606 158

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class esrtae 2 Leyserstraße Oriented Postmaterialists Pragmatists Adaptive- 17,145 52,149 10,078 7,398 5,576 AGE

– Escapists

2a 9 61.2% 29.5% .3%

/

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24

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.8 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

H district hasalottoofferasitis:theethnicdiversityofpopulation RUDOLFSHEIM 1150 Linzer Straße with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,662 OTHER F OWNER-OCCUPIED HOUSING COSTS FÜNFHAUS IRST OCCUPANCY U

IGH POPULATION INASMALL DENSITY AREA Rudolfsheim upgrading thedistrict,withpositiveresults.Evenso, Johnstraße Meisel- markt U

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viertel

Nibe- ���������������������������������������������

Rustengasse U Reindorf-/ U Rusten- viertel Schweglerstraße Felberstraße Meidling Hauptstraße Reindorfgasse ETHNO STYLEETHNO (PRICE/

142 million. 142 Mariahilfer Straße U Längenfeldgasse m U 2 ) Gumpendorfer Straße Gumpendorfer Sechs- haus €2, €3, U Westbahnhof bahn- West- 700 750 hof

/ /

m m – 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES popular asever,though. and trendyhotspots.Meiselmarktitssurroundingsarestillas developintohip andSechshausviertel Rustenviertel Reindorfviertel, years haveseentheareassouthofWestbahnhof suchasthe projectshavebeenplanned.Recentthis iswhereanumberofnew oftheWestbahnhofnorth lively,and railway stationisparticularly Fifteenth DistrictofVienna.Theareaaroundtheciviccentreto ofdescribingthe Urban, central anddiversearethebestways LIFE OF FULL AND BUSTLING Schmelz provide nearby recreational opportunities forresidents. Schmelz providenearbyrecreationalopportunities covered market – or Lugner City for shopping. Auer with attractiveopeningtimes.MostgotoMeiselmarkt–Vienna’sonly given riseto intermixed shopssuchas bakeries and conveniencestores IRST OCCUPANCY HOT SPOTS

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/ / / -

m m m Park and

2 2 2

46 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 RUDOLFSHEIM- 2.03 39,405 78,999 HOUSING FACTS MIGRATION BALANCE MOVED IN MO affordable housing. cafésandrestaurants aswell asthesolidthe inexpensive stream, whiletheConsumptionOriented benefitfrom Rudolfsheim-Fünfhaus thatarealso suitable forthemain andshopping facilities in entertainment plentiful sports, District There arethreegroupsequallyfrequentintheFifteenth FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 17,528 VED OUT FÜNFHAUS

22,

–

Escapists andAdaptive-Pr

PERSONS MAIN RESIDENCES RESIDENTS 2017

41.6%

* VIENNA

/

HOU + SEHOLD 2017

13.0%

® VIENNA 28.6% agmatists appreciatethe

RUDOLFSHEIM-FÜNFHAUS + – +

14, 14,

240 359 119

­

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented fifras 3 Pfeiffergasse Postmaterialists Pragmatists Adaptive- 10,468 47,197 10,825 5,741 4,768 AGE Escapists 3 9.5% 55.8%

–5 4.7%

/

> 25 15 6 0

UO Group BUWOG Individu-

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–

alists 38.

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

5 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

M Vienna Beltway (“Gürtel”), and surrounded by uptown residentialareas andsurroundedbyuptown Vienna Beltway(“Gürtel”), Brauerei brewery. projectdevelopmentsaremainly New andthe to thelivelytrendyareaaroundBrunnenmarkt,Yppenplatz, locationstothewestinstarkcontrastOttakring haspeacefulexclusive OPPOSITES ATTRACT SPECIAL FEATURES OFDISTRICT 1160 HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,683 OTHER F OWNER-OCCUPIED HOUSING COSTS OTTAKRING IRST OCCUPANCY

The Sixteenth District is a melting pot of cultures close to the The Sixteenth dominate thesceneinworking ULTICULTURALISM ANDEVER-GROWING

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Gallitzin- ��������������������������������������������� berg minen- Wilhel- berg LONG LIVE DIVERSITY (PRICE/

142 million. 142 - Wilhelminenstraße class districtofOttakring. m Thaliastraße 2 ) €2, €3, U 900 700 city flair Kendlerstraße U

/ / Hernalser Hauptstraße

Ottakring m m Hernals 2 2

with shops,restaurants,andcaféscateringtoawidevarietyoftastes. Brunnenmarkt along with Thaliastraße and Ottakringer Straße high streets hills, Ottakringhaslively,quaintneighbourhoodssuchas Wienerwald the and around Wilhelminenberghill.NestledbetweenLerchenfelderGürtel INVESTMENT PROPERTY OTHER RENTED F the areaaroundYppenplatz. tothewest,and Hot spotsincludeWilhelminenbergandGallitzinberg whichareinespeciallyhighdemandamongyoungpeople.(“Gürtel”), located aroundBrunnenmarktandareasneartheViennaBeltway IRST OCCUPANCY

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��������������������������������������������� Yppen- platz

U ��������������� Thaliastraße U Josefstädter Straße U Alser Straße €1 ,200 to €2,400 €10. €9 .90 90

/ / /

m m m 2 2 2

48 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017

© Semper Constantia Privatbank 2.03 51,744 104,323 HOUSING FACTS MIGRATION BALANCE MOVED IN MO even moreattractive toEscapists. havemadethedistrict (“Gürtel”) on theViennaBeltway tovariouslocalscenepubs restaurants, anditsproximity cafésandThe multicultural shoppingopportunities, atmospheremainlyattracts Escapists. Ottakring’s big-city FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € 19,702 € VED OUT

22, OTTAKRING 35.3%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU + SEHOLD 2017

6.7%

® VIENNA 28.6% OTTAKRING + – +

13,86 1

5,098 5,098 1,235 3

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New dl-zte-as 6 Adolf-Czettel-Gasse salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 15,751 60,913 12,857 8,367 6,435 AGE Escapists 18. 30.1% 51.5%

4%

/

H Immobilien EHL > 25 15 6 0

Individu-

65 – – Digital

–

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.6 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

Y atmosphere andproximitytotheViennaWoods andthecitycentre. 1170 HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry In thisdistrict,539changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY HERNALS Hernals isthequintessentialsuburb,withaquietresidential scent ofMannerwafersintheair. TheViennesedistrictof OU KNOW YOU’RE INHERNALS Heuberg

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�������������������������������������������� Alszeile SWEET ATMOSPHERESWEET (PRICE/

129 million. 129 Hernalser Hauptstraße fromthesweetbaked Hernals m 2 ) Wattgasse €4, €2,800 000

/ /

m m 2 2 Elterlein-

platz berg with its uptown villaarea. berg withitsuptown tothelocalrecreationareaatSchaf­ near theViennaBeltway(“Gürtel”) buildings andarichdemographicmixfromtheapartment vidual quarters Tram line43crossestheentiredistrict,takingindiversityofitsindi­ INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES quieter outskirts ofNeuwaldegg,Dornbach,andHeuberg. quieter outskirts andthe neighbourhood. Thedistrict’shotspotsincludeElterleinplatz price increasesalsoreflectincurrentprojectdevelopmentswithinthis Theincreaseddemandandassociated toElterleinplatz. extension tional parkland.HernalswillbenefithugelyfromtheplannedU5metro lifeandrecrea- bustlingcity to Neuwaldegg,bridgingthegapbetween (“Gürtel”) The SeventeenthDistrictstretchesfromtheViennaBeltway CITY AND COUNTRY IRST OCCUPANCY U

Alser Straße ��������������������������������������������������������������������

���������������������������������������������

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€1 ,350

to €2,450 €10. €9 .90 90

/ / /

m m m 2 2 2

50 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.05 28,208 57,180 HOUSING FACTS MIGRATION BALANCE MOVED IN MO (“Gürtel”), andalsotheattractively pricedhousing. (“Gürtel”), in themiddleofdistrictandclose totheViennaBeltway appreciate thenearbyalternativepub andrestaurant scene andculturesintheSeventeenthDistrict,asthey lifestyles mixofEscapists areespeciallydrawn tothecolourful FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 20,936 VED OUT

22, HERNALS 33.2%

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA HERNALS

/

HOU + SEHOLD 2017

4.6%

® VIENNA 28.6% – + +

8, 8, 593 122 715

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented acgse 23–25 Lascygasse Postmaterialists Pragmatists Adaptive- 8,966 33,398 6,803 4,495 3,518 AGE Escapists 11 53.2% 35.7% .1%

/

> 25 15 6 0

UO Group BUWOG Individu-

65 – – Digital

–

alists

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.9 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

T Even so,youngandoldcometogetherinWähring–attheKutschkermarkt 1180 Schaf- berg with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,593 OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY WÄHRING HE EIGHTEENTHDISTRICT ber of Wilhelminian buildings near the Vienna Beltway (“Gürtel”). ber ofWilhelminianbuildingsneartheViennaBeltway(“Gürtel”). district, whereas Währing has a significant num­ rarefied uptown leins- Pötz- Pötz- dorf

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�������������������������������������������� Währinger Krottenbachstraße Cottage TRUE VIENNAVALUES (PRICE/

203 million. 203 HOT SPOTS has areputationforbeing Gersthof Währinger Straße m Türken- schanz- park 2 ) kermarkt €5,500 €3,650 Kutsch ­

/ / U

m m U Währinger Straße 2 2 Nußdorfer Straße Nußdorfer INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES or onthebordertoSeventeenthDistrict. projectsaredevelopedmoreinthewesternareasofdistrictNew Türkenschanzpark, andSchafbergaresopopular. Pötzleinsdorf, why neighbourhoodssuchasKutschkermarkt,Währinger Cottage, residentialdistrictsinVienna.Thisexplains desirable andexpensive Woods setWähring turningthedistrictintooneofmost apart, totheVienna Good infrastructure, lotsofparks,anditsproximity LIVING OF QUALITY RAISED impact on the district by attracting many students that liven up the district. up liven that onthedistrictbyattractingmanystudents impact has had a significant versity of Natural Resources and Life Sciences (BOKU) Schlosspark.TheUni­ tions suchasTürkenschanzpark andPötzleinsdorfer as oneofthelaststreetmarketsVienna,orinpopularrecreationdestina­ IRST OCCUPANCY

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/ / /

m m m

2 2 2

5 ×

2

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 1.96 26,396 51,128 MIGRATION BALANCE MO MOVED IN HOUSING FACTS MIGRATION BALANCE MOVED IN MO make Währing locationforPostmaterialists. theperfect the family-oriented atmosphere,andwide greenspaces inner districtsofViennaviatheU6metroline;this, well-connectedtotheThe EighteenthDistrictisvery FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 25,137 VED OUT VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

1.1%

* VIENNA WÄHRING

/

HOU WÄHRING 27.5% SEHOLD 2017

® VIENNA 28.6% + – +

6, 7,4 736 712 48

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New Gersthofer Straße 119 salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 9,114 29,065 5,958 3,965 3,026 AGE Escapists 16. 27.0% 56.1%

9%

/

EHL Im > 25 15 6 0

Individu-

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–

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

9 YEARS

YEAR YEAR YEAR YEAR YEARS mobilien S S S S

© EUM Makler GmbH T balanced than many would think due to the plentiful public housing such balanced thanmanywouldthinkduetotheplentifulpublichousingsuch 1190 HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changes ofownership In thisdistrict,667 OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY DÖBLING HE NINETEENTH DISTRICTHE NINETEENTH Währing. Even so, the population structure in Döbling is more Währing. Evenso,thepopulationstructureinDöblingismore and districtsalongsideHietzing one ofVienna’smoreexclusive Krottenbachstraße Sieveringer Straße Sieveringer

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�������������������������������������������� döbling Ober ­- Krottenbachstraße Döblinger Hauptstraße Oberdöbling NOBLESSE OBLIGE Warte (PRICE/ Hohe

264 million. 264 with itsViennaWoods villasis U Heiligenstädter Straße Nußdorfer Straße Nußdorfer m U 2 Spittelau ) U €6, €3, Nußdorf Heiligenstadt 000 950

/ /

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES Hohe Warte, and Oberdöbling. Gunoldstraße. HotspotsinthedistrictstillincludeGrinzing,Sievering, of developmentaroundMuthgasseandnorth already plansforfurther currently indevelopmentonGrinzingerAllee.Inaddition,thereare residentialprojectsare High-quality even withthehighpricesinparts. Döbling, theupmarketdistrictofVienna,stillseesalotdemand LIVING EXCLUSIVE longest street,providesanidealwayofgettingthere. avisit.Höhenstraße,Vienna’s Leopoldsberg, andHimmelisalsoworth Kahlenberg,and Döbling hasbeautifulplacestoseesuchasHoheWarte, as atKarl IRST OCCUPANCY

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- Hof as well as cooperative housing apartment buildings. buildings. Hof aswellcooperativehousingapartment ���������������������������������������������

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to €4,500

€13 €10. .00 90

/ / /

m m m 2 2 2

54 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.00 36,482 72,107 HOUSING FACTS MIGRATION BALANCE MOVED IN MO and attractive opportunities forrestandrecreation inthedistrict. and attractive opportunities appreciate thequiettraffic locationwithplentifulgreen space cafésandrestaurants. Postmaterialists andexclusive opportunities shopping most preferredbytheEstablished,as arethequality average numbersinDöbling;thevillasmentionedaboveare The EstablishedandPostmaterialistsarerepresentedinabove- FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 26,607 VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

4.7%

* VIENNA DÖBLING

/

HOU DÖBLING 23.9% SEHOLD 2017

® VIENNA 28.6% + – +

7 7 ,840 ,153 687

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established rnigr le 6 Allee Grinzinger Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 16,256 37,846 8,049 5,892 4,064 AGE Escapists 11 52.2% 36.2%

– .6%

8

/ > 25 15 6 0

UO Group BUWOG Individu-

65 – – Digital

–

alists

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 43 14 5

24

64

.3 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

T attracts Viennese townsfolk andguestsalikeduetoitsproximity attracts Viennesetownsfolk U 1200 Spittelau BRIGITTENAU with a total sales valueof approx.€ with atotalsales In thisdistrict,1,781 in2017, wereregisteredinthelandregistry changesofownership U OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY Friedensbrücke between thetwodistrictsuptotoday. TheTwentieth District Leopold HE YEAR1900 SAW

���������������������������������������������������������������� Adalbert Brigittaplatz ­stadt, withAugar U Augarten Wallen- Jägerstraße stein- platz - Stifter First Vienna Residential Market Report |2018 -

U Straße

�������������������������������������������� Dresdner Straße westbahn- Nord- hof

ten astheonlyremaininglink U BRIGITTENAU Traisengasse Handelskai BE-AU-TIFUL! (PRICE/

311million. HOT SPOTS m hivedofffrom 2 ) €2,500 €3,800

/ /

m m 2 2

world. and traditional restaurants to shops and restaurants from all over the ed intheinfrastructurefromlong Thisisalsoreflect­ Danube Island,asthepopulationstructureshows. INVESTMENT PROPERTY OTHER RENTED F OF DISTRICT SPECIAL FEATURES the FriedensbrückebridgewithWallensteinplatz. district.Anotherhotspotistheareaaroundbe developedintoanew Brigittenau isthesiteofformerNordwestbahnhofstationwhichwill Danube Islandontheother. Thelargestcurrentconstructionprojectin tonaturewiththenearby centreontheonehand,andproximity city lation appreciatingthedistrict’squickandconvenientconnectionto referred toasanisland.Thismainlyattracts theyoungurbanpopu theDanubeandDonaukanal,Brigittenau isoftenLocated between BETWEEN DANUBE AND DONAUKANAL IRST OCCUPANCY

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to €2,400 €10. €9 .60 50

/ / /

m m m 2 2 2 ­ 56 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017

© Immofair 2.06 42,624 86,868 HOUSING FACTS MIGRATION BALANCE MOVED IN MO residential locationsinstableneighbourhoods. matists. ManyTraditionals alsoliveinthedistrict,andvalue facilities appealtotheAdaptive-Prag-while themanysports living andtraditional coffee-housecultureinthe district, the ConsumptionOrientedappreciateaffordablecostof Three groupsarerepresentedinabove-average numbers– FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 18,515 BRIGITTENAU 36.5% VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

* VIENNA

/

HOU + SEHOLD 2017

7.9%

® VIENNA 28.6% BRIGITTENAU + – +

1 12, 1,498 690 188

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented afegse 10 Raffaelgasse Postmaterialists Pragmatists Adaptive- 13,129 49,781 11,163 7,189 5,606 AGE Escapists 3 29.7% 35.9% 4.4%

/

H Immobilien EHL > 25 15 6 0

Individu-

65 – – Digital

–

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.3 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

© Immofair F plentiful publichousingsuchasGroßfeldsiedlungandcurrentrevamping 1210 FLORIDSDORF with a total sales valueof approx.€ with atotalsales in2017, wereregisteredinthelandregistry changesofownership In thisdistrict,888 OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY LORIDSDORF ISKNOWN dorf and Strebersdorf. Evenso,theTwenty andStrebersdorf. dorf typical of areas such as Stammers­ inns and alleys winegrower’s Strebersdorf A22

Prager Straße ���������������������������������������������������������������� U Neue Donau Am Spitz First Vienna Residential Market Report |2018 U Jedlersdorf Floridsdorf

��������������������������������������������� Brünner Straße Brünner Straße Donau Alte for itsvillagestructures,and “FLODO” (PRICE/ Siemensstraße

196 million. 196 poldau Leo m U U ­ - 2 Aderklaaer Straße First Districthas Großfeldsiedlung ) HOT SPOTS U €2,550 €3, Leopoldau 700

/ /

m m 2 2

INVESTMENT PROPERTY OTHER RENTED F the citycentre. Danube IslandandtheOldtomakeupforitsremotenessfrom suchasthe recreationalopportunities providesextensive Floridsdorf bringingupthedistrict’svalue. Spitz projects aroundFloridsdorfer OF DISTRICT SPECIAL FEATURES development projectsarealsoprovidingfreshimpetusinLeopoldau. urban hospital.New with thefutureKrankenhaus Nord,ornorthern andalongBrünnerStraße Spitz the OldDanubeuptoFloridsdorfer The mostpopularhotspotsforhomeseekersaretobefoundaround settoincreasethedistrict’svalue. constructionprojectsarefurther new have alsoraised theTwenty-First District’sattractiveness. Numerous linksbylocaltraindevelopment. Goodpublictransport andmetro relatively easyreach,andalsohasgenerousamountsofspacefor populationisgrowingduetopricesthatarestillwithinThe Floridsdorf DISTRICT A GROWING IRST OCCUPANCY

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/ / /

m m m 2 2 2 58 ×

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.12 74,996 158,712 HOUSING FACTS MIGRATION BALANCE MOVED IN MO on the outskirts withlowimmigrant populations. on theoutskirts MiddleClassisdrawn totheharmonious settlements the New residential buildingsappealtotheAdaptive-Pragmatists; toDanubeIslandandfamily-oriented while theproximity inhealthcarefacilities areattractiveexpansion toTraditionals, especially athomehere.Thevillagestructuresandpending Traditionals, MiddleClassare Adaptive-Pragmatists, andtheNew FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 22,330 VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

7.0%

* FLORISDORF VIENNA

/

HOU FLORIDSDORF 21.6% SEHOLD 2017

® VIENNA 28.6% + – – +

14, 1 2,399 1,967 366

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists ölras 3 Töllergasse Pragmatists Adaptive- 27,473 87,765 18,716 14,685 10,100 AGE Escapists 14. 43.9% 41.7%

4%

/ > 25 15 6 0

UO Group BUWOG Individu-

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–

alists 40.6 YEAR

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

24

64

YEAR YEAR YEAR YEAR YEARS S S S S S

D Donau housing estates such as Trabrennbahngründe, estates with detached Alte 1220 DONAUSTADT U HOT SPOTS with a total sales valueof approx.€ with atotalsales in2017,In thisdistrict,1,506 wereregisteredinthe landregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS Donau- U IRST OCCUPANCY City

Kaisermühlen VIC ONAUSTADT The Twenty the second U Alte Donau U Wagramer Straße U

���������������������������������������������������������������� Kagran Donaustadtbrücke Raffineriestraße U U U Kagraner Platz - - Stadlau largest bypopulationaftertheTenth District. Second District is also highly varied with large Rennbahnweg U First Vienna Residential Market Report |2018 Hardeggasse is thelargestdistrictinViennabyarea,and

U �������������������������������������������� Donauspital U Aspernstraße U Seestadt Hausfeldstraße THE NEWTOWN (PRICE/

389 million. 389 m U U Aspern Nord Aspern 2 ) Seestadt €3,800 €2,550

/ /

m m 2 2 INVESTMENT PROPERTY OTHER RENTED F using theU1andU2metrolines,orbycar. Lobau and Old Danube, which are easy to reachand natural reserves, The district is home to the major recreational areasSeestadt Aspern. houses, Donau OF DISTRICT SPECIAL FEATURES Aspern, whichhasalreadydevelopedintoatowninitsownright. andSeestadt include theOldDanube,areaaroundDonau-City, andalongWagramerKagraner Platz Straße. Thedistrict’shotspots aswellaround not onlyinSeestadtAspern,butalsoDonau-City the district,usuallyindevelopmentsatmoreaffordableprices–and Donaustadt hasnumerousresidentialprojectdevelopersworkingon AFFORDABLE HOUSING IN DONAUSTADT IRST OCCUPANCY

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City withitsofficeandresidentialhigh ���������������������������������������������

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m m m 2 2 2 6

× 0

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.23 83,141 184,188 HOUSING FACTS MIGRATION BALANCE MOVED IN MO residen ofspaceforthewholefamily, andthequiet estates withplenty facilities, theEstablishedaredrawn tothelongstanding housing matists appreciateSeestadtAspenwith itsnumerousrecreation well-representedinthisdistrict.Adaptive-Prag- are particularly MiddleClass Adaptive-Pragmatists, theEstablished,andNew FOREIGN NATIONALS are adreamfortheEstablished. SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 24,213 VED OUT

22, ­ tial areawithplent

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

10.0%

* DONAUSTADT VIENNA

/

HOU y ofgreen DONAUSTADT 18.6% SEHOLD 2017

® VIENNA 28.6%

–

ideally ontheOldDanube + – +

11 14,5 3,398 ,200 98

–

USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New Maria-Tusch-Straße 24 salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive- 28,169 103,349 22,148 18,097 12,425 AGE Escapists 9 63.8% 26.8% .4%

/

> 25 15 6 0

UO Group BUWOG Individu-

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–

alists

BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 39 14 5

24

64

.5 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

T area. ThenthereistheLiesingbachbrookandgreatrecreationalvalue industrial areastoberezonedintoresidentialneighbourhoods. totheeastofdistrictwith manyformer great potentialforgrowth especially Liesingshows andsurroundingcountryside. thecity between diverseandpopularduetoitslocation districtisvery Vienna‘s newest COUNTRY AND CITY BETWEEN BRIDGE SPECIAL FEATURES OFDISTRICT 1230 with a total sales valueof approx.€ with atotalsales In thisdistrict,1,041 in2017, wereregisteredinthelandregistry changesofownership OTHER F OWNER-OCCUPIED HOUSING COSTS

IRST OCCUPANCY make up around fourteen percentofthedistrict’sVienna Woods makeuparoundfourteen for ahighqualityofliferesidentsinLiesing;indeed,the HE TWENTY-THIRD DISTRICT LIESING

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��������������������������������������������� Breitenfurter Straße Breitenfurter Mauer VIENNESE MIX (PRICE/

292 million. 292 features lotsofgreenspace m Liesing Liesinger 2 Platz ) €2, €3, Brei Str furter Brunner Straße aße ­ten Breitenfurter Straße Breitenfurter 750 750 ­

/ /

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U U Siebenhirten U estates, e.g.inInzersdorf. it offersonitsbanks,andsomeremainingvillagestructureswiththeir well andwinetaverns.Anotherfeatureofthedistrictisthatithasvineyards INVESTMENT PROPERTY OTHER RENTED F area around Liesinger Platz, and along Breitenfurter Straße. andalongBreitenfurter area aroundLiesingerPlatz, former Rosenhügelfilmstudiosite.Liesing’shotspotsareMauer,the residential spaceisalsoindevelopmentforsevenparkvillasonthe New areaofthedistrict. “In derWiesen”southofErlaa,andintheAtzgersdorf largedevelopmentareas – There arealreadyactualplansfortwo Erlaaer Straße IRST OCCUPANCY Perfektastraße U Altmannsdorfer Straße Altmannsdorfer - Alterlaa connected residential areas such as Siebenhirten and industrial connected residential areas such as Siebenhirten

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/ / /

m m m 2 2 2 6 × 2

* Source: Statistics Austria, wage tax statistics for 2016, average annual net income for employees in total, in euros, valid as of December 2017 2.15 47,068 101,053 HOUSING FACTS MIGRATION BALANCE MOVED IN MO dimensioned plotsofland. totheimperialambience,andgenerously proximity aredrawn tothetraditionaltions, whileConservatives area, destina- small boutiques,andeasyaccesstohigh-quality in prices,personalservice with promisesofrisingproperty The Establishedappreciatetheattractive pensionproperties Liesing ismainlyhometotheEstablishedandConservatives. FOREIGN NATIONALS SINUS-MILIEUS DEMOGRAPHIC FACTS VRG INCOME AVERAGE 173 € € 25,257 VED OUT

22,

PERSONS MAIN RESIDENCES RESIDENTS 2017

-

11.3%

* VIENNA LIESING

/

HOU LIESING 17.3% SEHOLD 2017

® VIENNA 28.6% + – +

2,687 6,88 9 ,574 7

Breitenfurter Straße 223 USAGE Social Status AGE PROFILE OF POPULATION Traditionals servatives Basic Orientation Con ­- New Middle New salse HighAchievers Established Consumption Class Oriented Postmaterialists Pragmatists Adaptive-

–2 20,773 54,130 10,668 9,235 6,227 37, 239 AGE Escapists 14.8% 31.3% 53.9%

/ > 25 15 6 0

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BUILT-UP WATER BODIES INCL. GREEN TRAFFIC

– 14 5

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64

4 YEARS

YEAR YEAR YEAR YEAR YEARS S S S S

First Vienna Residential Market Report | 2018 64 65 First Vienna Residential Market Report | 2018

BUWOGPROJEKTE GROUP BUWOG GROUP BUWOGPROJECTS GROUP PROJECTS MODERN LIVING IN THE 15TH DISTRICT 1150 VIENNA, PFEIFFERGASSE 3 – 5

URBAN LIVING in a friendly, quiet corner of the city – the new BUWOG WOHNZEILE15 COMBINES ideal urban living with a quiet neighbour­ apartment project Wohnzeile15 promises a quiet, yet central location in hood atmosphere including space for recreation. Nearby Reindorfgasse is a Rudolfsheim-Fünfhaus near the borders to Hietzing and Meidling districts. magnet for artists and creatives. There is also a selection of local shops in the Located directly on Sechshauser Park, the project will give future resi­ immediate vicinity. Naschmarkt is only a few metro stops away, with its wide dents an uninterrupted view of the greenery right outside the front door. variety of restaurants, night spots, and diverse leisure activities. The Schön­ The Fifteenth District and Pfeiffergasse 3-5 location in particular are very brunn palace gardens are a short distance away, and provide an ideal route well-connected with easily accessible public infrastructure. The U4 and U6 for joggers. The Wohnzeile15 project provides 209 freehold apartments for → 130 OWNER-OCCUPIED FREEHOLD APARTMENTS metro lines are a few minutes’ walk away, and Vienna’s city centre is only a owner-occupiers or investors. There are already apartments available with

→ EACH UNIT WITH A BALCONY, TERRACE, subject to change Correct as of: February 2018, short ride on the metro from there. one to three bedrooms on smart floor plans with modern fittings. × OR PRIVATE GARDEN → APARTMENT SIZES 55 TO 116 m² → RESIDENTS’ UNDERGROUND GARAGE WITH 90 SPACES

→ WWW.RIVUS.BUWOG.COM fGEE 0,70-071 HWB: 15,6-18,1,

→ 209 FREEHOLD APARTMENTS FOR OWNER-OCCUPIERS OR INVESTORS → 1 TO 3-BEDROOM APARTMENTS: APPROX. 42 TO 100 m² FLOOR SPACE → BALCONY, LOGGIA, TERRACE, OR PRIVATE GARDEN HOME IS WHERE THE HEART IS → LOW-ENERGY HOUSE, EFFICIENCY CLASS A RIVUS II / 1230 VIENNA, WALTER-JURMANN-GASSE 2B → 109 SPACES IN THE UNDERGROUND CARPARK, 3 MOTORCYCLE PARKING SPACES → WWW.PFEIFFERGASSE.BUWOG.COM

A STATE-OF-THE-ART RESIDENTIAL PARK with a total of private garden, with apartment sizes ranging from 55 to 116 m² with one 500 units in the well-connected outskirts is in development in the Atzgers­ to three bedrooms. dorf area of the district. The RIVUS general project is specifically aimed at families, nature lovers, and urbanites with innovations that Vienna has THE PROJECT’S CONSTRUCTION has been graded at energy never seen before such as a school with a sports court on the roof of a performance factor A. The entire development is equipped with an supermarket. The RIVUS location features a perfect combination of green underground garage. Children’s playgrounds and pram rooms round space and the benefits of city life. off the family-friendly facilities. Unusual for this type of location, RIVUS has perfect transport links and infrastructure. There is a bus stop right APART FROM LIESING’S partly rural character and Atzgersdorf in front of the BUWOG project; the bus ride to the local train stations dominated by the Liesingbach valley, the district is also home to Lainzer at Atzgersdorf and Wien-Meidling takes a few minutes. Shopping fa­ Tiergarten and Wienerberg. Part of this unique city district, the RIVUS II cilities, pharmacies, and doctors are located on Breitenfurter Straße, sub-project stands out with a hundred and thirty privately financed free­ and a variety of dining establishments and wine taverns can be found hold apartments, each with an open space such as a balcony, terrace, or in Atzgersdorf itself or neighbouring Mauer. × subject to change Correct as of: February 2018, HWB ONr. 3: 22,63 kWh/m²a, HWB ONr. 5: 22,85 kWh/m²a 3: 22,63 kWh/m²a, HWBHWB ONr. ONr. 67 First Vienna Residential Market Report | 2018

BUWOG GROUP DISCOVER BUWOG GROUP PROJECTS LIVING BY SOMETHING SPECIAL PROJECTS VIENNA’S 1220 VIENNA, MARIA-TUSCH-STRASSE 24

RIVER WIEN ESCAPE THE RAT RACE and dive into one of Europe’s most exciting residential project brings the great tradition of Viennese terraced archi­ 1120 VIENNA, RECHTE WIENZEILE 229 new development areas – SeeSee Home, a sophisticated, yet affordable tecture to a new level (literally) while making the best use of the available housing project to give you plenty of room to check out from the hustle open spaces. SeeSee Home ensures excellent quality of living with the and bustle of everyday life as if you were taking a holiday. The BUWOG customary high-quality fittings in the BUWOG apartments and a wide BEAUTIFULLY FURNISHED CITY APARTMENTS are under Group is currently developing seventy-eight owner-occupied freehold variety of recreational and outdoor activities throughout the Seestadt construction right on Rechte Wienzeile not far from Schönbrunn apartments on seven floors set in the fascinating surroundings of Maria- district. There are also a few extras in this project: a day-care centre with Palace. The 144 freehold apartments for owner-occupiers and inves­ Tusch-Straße, heart of Seestadt Aspern. The apartments all have private five play groups has been planned for the ground floor of the apartment tors will have one to three bedrooms, each with about 46 to 107 m² open spaces such as balconies, loggias, or terraces for future residents to building. The project also draws on modern living trends with modern living space and a balcony, terrace, or loggia as well as private resi­ look out over the Seepark lakeside park. postboxes, and a bicycle and doggy wash station. In addition to the seventy- dents’ open spaces to relax and recuperate. Elegant floor plans ensure eight owner-occupied freehold apartments with one to four bedrooms that all of the residents can create their own individual realm. The City IT TAKES A MINUTE to walk to the 5.4 hectares of groundwater-fed each on around 50 to 114 m² of floor area, there will be seventy-seven

Apartments project is ideally located for those looking to enjoy the subject to change Correct as of: February 2018, lake for a stroll. The unusual terraced architecture of the SeeSee Home car parking spaces available in the residents’ underground carpark. × liveliness of Wienzeile and a cosy place to retreat in their own homes.

PUBLIC TRANSPORT is ideal at the City Apartments with the U4 metro line and four bus lines – 9A, 10A, 15A and 63A – in the imme­ diate vicinity quickly taking residents to everywhere in Vienna, and the city centre within minutes. It takes a few minutes’ drive to reach the A1 motorway (Hadikgasse exit) or A2 (Grünbergstraße exit) from the residents’ underground carpark. The area around the City Apart­ ments provides a variety of daily services such as doctors, government agencies, supermarkets, and schools, which are quickly and easily ac­ cessible. The City Apartments are also an ideal starting point for recre­ ational activities such as jogging in the Schönbrunn parks, shopping on Meidlinger Hauptstraße, or a visit to one of the nearby gyms.× Correct as of: February 2018, subject to change Correct as of: February 2018,

→ 144 FREEHOLD APARTMENTS FOR OWNER-OCCUPIERS OR INVESTORS → BALCONY, LOGGIA, TERRACE, → 78 OWNER-OCCUPIED FREEHOLD APARTMENTS OR PRIVATE GARDEN → 1 TO 3 BEDROOMS, APPROX. 47 TO 114 m² FLOOR AREA → IDEAL INFRASTRUCTURE → PRIVATE OPEN SPACE FOR EACH RESIDENT: AND TRANSPORT CONNECTIONS BALCONY, LOGGIA, OR TERRACE → WWW.CITYAPARTMENTS.BUWOG.COM → LAKE APPROX. 1 MINUTE AWAY a 2 → WWW.SEESTADT.BUWOG.COM HWB 19,18 kWh/m HWB 19,18 kWh/m².a, fGEE ca. 0,857 HWB ca. 19,63 First Vienna Residential Market Report | 2018 68 69 First Vienna Residential Market Report | 2018

BUWOG GROUP PROJECTS EHL IMMOBILIEN PROJECTS LIVING WITH A VIEW HOCH 33 / 1100 VIENNA, LAAER-BERG-STRASSE 47 –47A

THE NEW RESIDENTIAL HIGH-RISE HOCH 33 is a new punctuation in the Viennese skyline at a height of thirty-three floors towering above the centre of Monte Laa. The 341 apartments with one or two bedrooms each have modern floor plans, and all have either a balcony or loggia for breathtaking views over the city.

→ 43 OWNER-OCCUPIED FREEHOLD A MIX OF RESIDENTIAL AND OFFICE SPACE with a variety APARTMENTS PLANNED of leisure facilities and recreational areas such as the Laa Woods, → 1 TO 2-BEDROOM FLATS ON 50 TO 150 m² FLOOR AREA Löwygrube and the Bohemian Prater ensure excellent quality of life → TERRACE, BALCONY, OR LOGGIA at the heart of Vienna. → GYM ON FIRST FLOOR → WWW.GRINZINGERALLEE.BUWOG.COM THE EMERGING DISTRICT is well-connected to the metro, and a tram and bus line. The Reumannplatz hub and a long shopping street, Favoritenstraße, are well within walking distance. The centre of Vienna HWB 19, fGEE 0,77 HWB 19, is also easy to reach by car via the south-east bypass. ×

AWAY FROM THE DAILY GRIND 1190 VIENNA, GRINZINGER ALLEE 6 – 8

THE NINETEENTH DISTRICT is the elegant jewel in the crown of ALL OF THE OWNER-OCCUPIED FREEHOLD apartments in the Vienna. Surrounded by vineyards and the Vienna Woods, Döbling has suc­ Grinzinger Allee project will come with quality fittings; most will also in­ ceeded in blending city life with a village atmosphere. Vienna’s world-famous clude an open space such as a terrace, balcony, or loggia. The residential wine taverns are just as close by as the city centre. BUWOG Group developed property has one and two-bedroom apartments on a floor area of around the internationally acclaimed Pfarrwiesengasse 23 project in this unique area. 50 to 150 m².The site features excellent infrastructure with good public transport connections. Stops for the 38 tram line and 39A bus line are a THE LONG-AWAITED sister project Grinzinger Allee is now due to start, few steps away from the Grinzinger Allee project, as is the Oberdöbling → 341 RENTAL APARTMENTS with forty-three exclusive units in modern, sophisticated architecture and a gym regional railway station. An underground carpark will provide future → 1 TO 2 BEDROOMS ON MODERN FLOOR PLANS on the first floor. One of this project’s special features is that it borders on Strauß- residents with thirty-five parking spaces, some equipped with charging → WITH BALCONY OR LOGGIA

Lanner-Park, which has all the benefits of a neighbouring recreational area. stations for electric cars. × subject to change Correct as of: February 2018, → FANTASTIC VIEWS OVER THE CITY → GOOD TRANSPORT CONNECTIONS → COMPLETION IN SUMMER 2018 © HNP ZT GmbH arcitects 71 First Vienna Residential Market Report | 2018

EHL IMMOBILIEN A NEW DISTRICT EHL IMMOBILIEN PROJECTS ON DONAUKANAL PROJECTS

TRIIIPLE STADT.LAND.FLUSS. / 1030 VIENNA, SCHNIRCHGASSE 9 – 9A

A UNIQUE HIGH-RISE COMPLEX is in development right on Donau­ designed floor plans and high-quality fittings. Large window elements with kanal, and consists of three residential tower blocks amidst the Town Town fantastic views over Vienna will turn living in this tower a hundred metres business district and the Green Vienna Prater. Designed by the renowned above ground into a truly awesome living experience. A pool with a private Henke Schreieck team of architects, TrIIIple represents an ideal combination terrace for residents, concierge services, and a variety of leisure and shop­ of residential, working, and living environments. ping facilities in the building round off this exclusive human habitat.

TWO HUNDRED AND FORTY-ONE units with floor areas from 35 to IMMEDIATE NEIGHBOURHOOD: the project has excellent public 150 m² are under construction in Tower 1. The apartments come in a variety transport connections, Donaukanal right in front of the door, and the Green → MORE THAN 100 OWNER-OCCUPIED APARTMENTS of layouts from studio apartments for singles to large lofts with elegantly Prater just minutes away. × IN FOUR BUILDINGS → 1 TO 4-BEDROOM APARTMENTS WITH 60 TO 186 m² FLOOR AREA → ORIGINAL CONDITION OR REFURBISHED ACCORDING TO REQUIREMENT → QUALITY FITTINGS → PRIVATE OPEN SPACE IN EVERY UNIT → COMPLETION IN SPRING 2019

COUNTRY LIFE WITH A VIEW OF THE CITY UPPER WEST 119 / 1180 VIENNA, GERSTHOFERSTRASSE 119

THE UPPER WEST 119 PROJECT, a revamped building initially than 12,000 m² will house more than a hundred units with varying sizes built in 1990, is currently in development right in the heart of Gersthof, and floor plans, either left as they are or completely refurbished accord­ where urban city architecture meets the upmarket Pötzleinsdorf neigh­ ing to requirement. bourhood. THE 1 TO 4-BEDROOM APARTMENTS have floor areas of 60 to THE BUILDING COMPLEX was planned by famous Viennese archi­ 186 m²; all are equipped with quality finishes and private open spaces such → TOWER 1: 241 FREEHOLD APARTMENTS tect legend Harry Glück, and refurbished according to the highest stan­ as gardens, balconies, or terraces. There are two expansive parkland areas, FOR OWNER-OCCUPIERS OR INVESTORS dards. Four buildings with different sizes and floor plans totalling more and a variety of local shops and services in the immediate vicinity. × → FLOOR AREAS FROM 35 TO 150 m² → UNIQUE PANORAMIC VIEWS → POOL WITH SHARED TERRACES → UNDERGROUND CARPARK IN BUILDING

→ COMPLETION IN WINTER 2020 VP.AT © ZOOM First Vienna Residential Market Report | 2018 72

→ 36 LUXURY APARTMENTS AND 4 PENTHOUSES EHL IMMOBILIEN → INDIVIDUAL FLOOR PLANS EHL IMMOBILIEN PROJECTS → 24/7 CONCIERGE AND SECURITY SERVICE PROJECTS → PRIVATE LIFT AND RESIDENTS’ UNDERGROUND CARPARK → PRIME LOCATION RIGHT ON THE RING → COMPLETION IN WINTER 2018

PANORAMIC VIEWS MYSKY / 1100 VIENNA, LAAER-BERG-STRASSE 47B

A NEW RESIDENTIAL PROJECT is in development in the centre of gym, wellness and sauna facilities. A playground with adjoining day-care Monte Laa in Favoriten. This modern high-rise will have 128 owner-occupied centre is planned for the little ones. apartments from 48 to 120 m², spread over twenty floors with fantastic views over Vienna. All of the apartments feature efficient floor plans, quality EXCELLENT PUBLIC TRANSPORT CONNECTIONS via the fittings and, in most cases, open spaces such as loggias and balconies. Altes Landgut hub with metro (U1) and tram stops and a high street for shopping are well within walking distance. The Hauptbahnhof main railway To raise the community spirit, this high-rise has a variety of shared facilities station at Südtiroler Platz can be reached within ten minutes, and the A23 such as a central lobby, a shared residents’ terrace, a party room, and motorway is just a short drive away.× © CUUBUUS & developers architects

→ 128 FREEHOLD APARTMENTS IMPERIAL LIVING FOR OWNER-OCCUPIERS OR INVESTORS → APARTMENT SIZES 48 TO 120 m² → GORGEOUS FAR-FLUNG VIEWS OF THE HIGHEST STANDARD PALAIS SCHOTTENRING VIENNA / 1010 VIENNA, SCHOTTENRING 18 → GYM AND SAUNA → EXCELLENT TRANSPORT LINKS → READY TO MOVE INTO WHERE THE BELLE ÉPOQUE meets urbane modernity, the luxuri­ AUTUMN 2016 saw the beginning of complex refurbishment work ous Palais Schottenring Vienna combines utmost prestige with cosmo­ while preserving the historically valuable parts of the building. Thirty-six politan style. Palais Schottenring Vienna reigns supreme between the luxurious residences in the old building and four single-floor penthouse Vienna Stock Exchange, Palais Hansen, and Hotel Kempinski just off the apartments on the top floor are under construction and due for comple­ Ringstraße ring road in the heart of Vienna. tion by the end of 2018.

THE PALAIS WAS BUILT IN 1872 by one of the major Ringstraße A UNIQUE ENVIRONMENT for future residents and guests will architects, Master Architect Fraenkel, who also made his name with the emerge after the especially magnificent restoration of the 200 m² old Palais Schlesinger and Hotel Sacher, amongst other landmarks of lobby and concierge area by Juan Pablo Molyneux, the internationally the city. renowned architect. × © HNP ZT GmbH arcitects First Vienna Residential Market Report | 2018 74 75 First Vienna Residential Market Report | 2018

CLOSING WORDS GLOSSARY

COMMENTS VIENNA, THE CITY OF MY DREAMS AND TERMINOLOGY

FROM THE IMPERIAL FLAIR OF BYGONE TIMES to lovingly THE SINUS-MILIEUS® restored old buildings in charming neighbourhoods to innovative archi­ / tecture and young and trendy districts, Vienna has the variety of human habitats that many can only dream of. Apart from that, the Austrian “What developments can we expect in the capital is one of the world’s greenest cities. High social standards, good

housing market? It’ll be interesting to find out! CLASS infrastructure and an extensive cultural programme turning Vienna into High

PPER MIDDLE- PPER Established

U Achievers such an attractive hot spot have all contributed to the city’s position as We’ll be reporting on upcoming developments CLASS 1) UPPER Conservatives having the highest quality of living worldwide for the eighth time in a again in the First Vienna Residential Market Digital row according to the latest Mercer study. Quality of life that includes Postmaterialists Individualists quality of living – an increasingly important factor in the face of in­ Report for 2019.” DLE, creasing population and residential space density.

2) MID New Adaptive-

MIDDLE-CLASS Middle Class Pragmatists MAKING LIVING DREAMS COME TRUE – we at BUWOG Group Traditionals and EHL Immobilien see this as our mission, and we are proud to Escapists provide our collective expertise in the current issue of the First Vienna Consumption LOWER LOWER

/ ASS Residential Market Report. The report contains carefully researched facts Oriented Social Status and figures on the current situation in Vienna together with an assessment CL

CLASS Basic Orientation of developments and trends in all twenty-three districts – information MIDDLE- 3) LOWER © INTEGRAL-SINUS Trendforschung we feel could make a significant contribution in selecting an ideal resi­ A) TRADITION B) MODERNISATION C) RE-ORIENTATION dential property. EHL Immobilien and BUWOG Group have decades of Sense of Duty and Order Individualisation, Self-actualisation, Multi-options, Re-focussing, experience in the housing market, and both place high importance on Pleasure Pragmatism new syntheses ecological and sustainable action in the market – living itself is a long- term proposition. We have included social, environmental, and economic effects in all our projects. × SINUS-MILIEUS® are target groups that actually exist; the model which an individual will develop as a young person and remain within groups people according to their attitudes and lifestyles as based on a stable structure over the coming years without immediate or sudden more than three decades of social research, and includes basic value change. preferences and attitudes of people towards work and recreation, fam­ ily and partnership, consumption and politics in a holistic approach THE SINUS MILIEU® MODEL is subject to continuous adjustment in encompassing all factors relevant to daily life. Sinus Milieus® look into response to socio-cultural changes in society as based on trend research actual living environments by reference to a basic orientation from from INTEGRAL-SINUS and research into people’s lifestyles. First Vienna Residential Market Report | 2018 76

APART FROM CONSUMER BEHAVIOUR and lifestyle, fundamen­ in each group within society. Traditional values (A) indicate the pursuit tal underlying attitudes play a major role in shaping living environments. of order and personal responsibility. Modern values (B) include the need Every Viennese district has its own specific features that appeal to some for individualisation and self-actualisation, amongst other values. Re- groups more than others. This report draws on those Sinus Milieus® orientation (C) reflects modern society’s distinction between pragmatism specifically prominent for each individual district compared to the and multiple optionality as well as refocusing and looking for new synthe­ Vienna average. These milieu concentrations have been calculated for ses. The Y-axis shows the social situation of each grouping as distinguished the entire district in question, so deviations in individual parts of the by upper class (1), middle class (2), and lower class (3). A higher position district are entirely possible. for a certain group on the Y-axis reflects high levels of education, income, and professional situation, while positioning towards the right reflects more THE DIAGRAM ON PAGE 13 shows the current group landscape with current socio-cultural basic orientation in the respective group. Refer to each group’s position in Austrian society. The X-axis shows basic orientations www.integral.co.at for more information on Sinus Milieus®. × IMPRINT

SMALL PRINT comes in large print. Please find below comments and ALL PRICES QUOTED FOR THE VARIOUS DISTRICTS OF explanations of some terms used in this report. VIENNA refer to square metres of net floor area (i.e. not including loggias, etc.). PUBLISHED BY EDITORIAL TEAM ALL REFERENCES TO PERSONS in this text are intended to refer to both genders. SALES PRICES are full ownership prices per square metre of net floor BUWOG AG BUWOG Group editorial team Hietzinger Kai 131, 1130 Wien, Austria DI Elisabeth Bartos-Stock area, not including service and maintenance costs. Phone: + 43 1 878 28-1000 Peter Friedrich Berchtold E-mail: [email protected] Dr. Ingrid Fitzek-Unterberger www.buwog.com Natascha Toegl, MA SOURCE DATA RENTS are quoted net, exclusive of taxes and service charges.

EHL Immobilien GmbH EHL Immobilien editorial team EVERY EFFORT has been made to ensure the accuracy of information­ Prinz-Eugen-Straße 8–10, 1040 Wien, Austria DI Sandra Bauernfeind MRICS Phone: + 43 1 512 76 90 Mag. (FH) David Breitwieser MRICS in this report. Certain topics are, however, quite complex and subject to DEFINITIONS E-mail: [email protected] Ing. Elisabeth Hartwig constant change. The housing market in Vienna is extremely dynamic www.ehl.at Melanie Kloster, MA and prices vary greatly from area to area. While certain locations are in THE TERM “FIRST OCCUPANCY” in relation to prices refers to high demand at the moment, this might change quickly. new­ly built apartments. IDEA, CONCEPTION AND GRAPHIC DESIGN TOGETHER WITH IN OUR ANALYSIS OF THE HOUSING MARKET, we relied mainly “OTHER” refers to tenancies and sales of second-hand homes. M’CAPS Group INTEGRAL Markt- und Meinungsforschungsges.m.b.H. on up-to-date data provided by Statistics Austria, the state statistics office, Probusgasse 1, 1190 Wien, Austria Partner of SINUS Heidelberg – Berlin – Singapore and information obtained from the City Government of Vienna, unless a THE TERM “HOTSPOTS” refers to areas and quarters in the various Phone: +43 1 328 66 60 Licence partner: Probszt Advisory www.mcaps-group.com Mohsgasse 1, 1030 Wien, Austria different source is named. districts where there is a particularly high demand for properties from Phone: +43 1 799 19 94-0 both prospective tenants and buyers. ×

PRICES TRANSLATION

IN AUSTRIA, older buildings (i. e. non-subsidised buildings constructed ConText® Hindenburgstraße 10, 55118 Mainz, Germany with planning permission before 1953 and owner-occupied houses built Status: December 2017 www.context.de with planning permission prior to 1945) are subject to the full scope of the Austrian Tenancy Act. This means that rents are not subject to normal Errors exempted. market forces of supply and demand, but are basically fixed (to what is The information and forecasts in this report are given to the best of our knowledge. Photo credits for Sinus-Milieus®: known as an “adequate rent” or “guideline rent”). Such rents are not The publishers make, however, no guarantees as to the accuracy or completeness of this information. 123RF (andreahast, bialasiewicz, tomas1111), Dreamstime.com (Igor Terekhov, Breadmaker, Visualisations are intended as non-binding and for illustration purposes only, without guarantee of Danuta Nowacka, Dejan Krsmanovic), ImageBrief.com (AUN), Stocksy (Agencia), Thinkstock (Photick/ taken into account in our report. completeness. Actual results may differ. No legal entitlement! Laurence Mouton), Getty Images. FIRST VIENNA RESIDENTIAL MARKET REPORT

www.residentialmarketvienna.at