14 Facts About Vienna

Locals Live in Rental Apartments

According to the report, there are approximately 913,000 units of occupied housing in Vienna. About 77% of them, or 702,000 are rented out. More than half of the rental housing 397,000 is owned by the city or non-profit housing associations.

The proportion of people living in their own apartments in Vienna and throughout Austria is about the same; it is small compared to other forms of living. At the same time, single-family homes still prevail in Austria as a whole, but there are very few of them in Vienna.

There is a well-formed rental market in Vienna, where any investor has a good chance to hand over the object. At the same time, rental rates in Vienna are called the highest in Central Europe.

Real estate for rent in Vienna

12 000 € per month

Flat in Vienna, Austria

272 m² 6

Culture and High Quality of Life The special atmosphere of the historic center of Vienna begins directly at your home. Breakfast in the famous Café Mozart, a walk in Burggarten, a spontaneous visit to the Vienna Opera, exclusive shopping on Kerntnerstrasse or dinner in one of the prestigious restaurants in the city center – here Vienna...

Immotrading GmbH

4 923 € per month

Flat in Vienna, Austria

153 m² 4

General information: - Living area 153 m2, - 4-room apartment, 1 bathroom, 1 guest toilet Heating: gas heating, Floor covering: parquet, marble, tiles Equipment: - fully furnished, - fireplace, - Bathroom: double washbasin, shower, hot tub, sauna, - washing machine, laundry dryer, - The kitchen is equipped with all household...

Immotrading GmbH

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Every Fifth Austrian Lives in Vienna

The population of Austria as of January 1, 2020 was 8,9 million. 1.9 million people lived in Vienna. It is expected that the population of the capital will overcome the mark of 2 million in 2028. By 2070, the number of inhabitants may reach 2,24 million.

The growing population of the Austrian capital means that housing will continue to be in demand in the future.

The Average Age of a Resident of Vienna is 41 Years

Distribution of Viennese by age as of January 1, 2020.

According to forecasts, the population of the capital will age. By 2070, 23.9% of the city's residents will be over 64 years old, compared to 16.5% now. At the same time, the share of Viennese under the age of 20 will decrease from 19.3% to 19.2%.

A typical tenant of housing today is a middle-aged working person, and in a couple of decades it will most likely be a pensioner.

Almost Half of Locals Live Alone

By the beginning of 2020, there were 930,979 private households in Vienna, of which 508,603 consisted of several people, and 422,376 consisted of just one. The average household size is 2.04 people.

It is expected that by 2080 the number of households in the capital will grow by 23%, to 1.145 million. At the same time, the number of families consisting of one person will grow at a faster pace. The average family size will decrease to 2.02.

When choosing the size of an apartment that will be rented out, it is useful to focus on small families or single people.

The Population Density in Vienna is Not High

The average population density in the Austrian capital is 46.07 people per hectare. For comparison: in Paris – more than 200 people per hectare, in Moscow – 49 people per hectare.

The maximum density is in the Margareten area: 274 people per hectare. This is a popular place to live and relax. The incomes of local residents are relatively small, but housing prices are quite high, which makes people condense.

The minimum density is in the Hitzing district: 14.3 people per hectare. The Leinzer Tiergarten Nature Reserve and the Schoenbrunn Palace with its surrounding park are located in this area.

Thus, both the most densely populated and the lowest density areas are of interest to the investor.

Vienna, Austria

A Third of Population is Foreign

At the beginning of 2021, 31.5% of people living in Vienna (805,000 people) were foreigners.

Vienna attracts foreign citizens from prosperous countries. Migration provides the main part of the population growth of the capital. According to the results of a recent study, Vienna was included in the top ten cities in the world in terms of quality of life. This means that people will strive to move to the Austrian capital, and local apartments have all the prospects for further price increases.

Green Zones Occupy Half of the City's Area

Freen areas are unevenly distributed. In the Josefstadt district (the very center of the city) greenery occupies only 1.9% of the area. The greenest area is Hitzing (70.6% of the area). This is a prestigious place, despite the distance from the center.

The network of bike paths in Vienna has a length of 1,431 km and covers most of the city. For comparison, the total length of the streets is only twice as long – 2,786 km. It is natural for Viennese to live in green areas and use a bicycle as a means of transportation.

Despite the fact that the central areas of the city devoid of greenery, they are traditionally considered the best and most expensive ones. Locals appreciated the proximity of green spaces even before the pandemic began. With the onset of the lockdown period, the popularity of such locations in Vienna has grown.

The Most Popular Public Transport in Vienna is Metro

Locals actively use public transport. The distance to the nearest metro station significantly affects the price of real estate, but even the proximity of a tram or bus stop is considered a noticeable plus.

The Average Size of Housing in Vienna is Less Than in Austria

The average area of housing by a federal land, sq.m

It is not surprising, if we remember that the Viennese live mainly in apartments, and the rest of the Austrians live in their own houses.

The largest living space per resident is in the Josefstadt district – 78 sq. m. This is one of the most expensive and smallest areas of the city.

The least living space per resident in the districts of Leopoldstadt and Brigittenau is 39 sq. m. Both of them are cheap.

The Viennese Were Not Disappointed in Their Homes During the Pandemic

According to the results of a survey conducted in April 2020 by the Raiffeisen Immobilien Vermittlung agency, the majority of Vienna residents did not show dissatisfaction with housing conditions.

Predictably, the owners of large apartments (more than 120 sq.m) were the most satisfied, and those with housing less than 60 sq.m were the most dissatisfied.

With such sentiments, you should not expect that the residents of the Austrian capital will leave the city, as is the case in many countries.

2.5 Times More Houses Have Been Built in Vienna Over the Past 70 Years

Most of the houses in Vienna were built several decades ago. Historical buildings make up a small part of the housing stock, but there are also few new buildings.

The Most Expensive Area is the Innere Stadt

In the very center of Vienna, in the Inner Stadt district, prices are higher than in the rest of the capital. The price per sq.m here is €19,800. The next most expensive one is another prestigious area of Vienna, Debling. The average rate there is at the level of €7,000. The cheapest area is Simmering, where a sq.m costs €4,150.

The richest Viennese live in the Inner Stadt. Their average income is €27,864. The residents of Rudolfsheim earn at least €18,343.

Real Estate Prices Are Constantly Growing

Real estate in Vienna, as well as throughout Austria, has been increasing in price for a decade. The pandemic seems to accelerate this process. Double-digit price increases were recorded last year in some areas. New buildings in Austria are now considered the most expensive in Europe.

A steady upward trend in prices means that the investor is likely to get a good profit when reselling.

Apartments and villas you can buy in Vienna

5 600 000 €

Villa in Vienna, Austria

507 m² 6

This exceptional villa combines exquisite architecture, spacious living spaces and the highest level of privacy, creating a unique residential residence in a prestigious, surrounded by greenery and tranquility. The mansion was designed in 2007 by Swiss architect Norbert Friedl. The architecture impresses with a harmonious combination of...

Immotrading GmbH

890 000 €

Flat in Vienna, Austria

142 m²

Location In a prime location in Vienna's 4th district, on the charming Lambrechtgasse, this executive office building is the perfect combination of historic architecture and modern comfort. The central location provides a developed infrastructure, as well as excellent transport accessibility and convenient connections to the center of Vienna....

Immotrading GmbH

450 000 €

Flat in Vienna, Austria

88 m² 4

Spacious 4-room apartment with loggia in a quiet area of Percholdsdorf This spacious and bright 4-room apartment offers you and your family a comfortable place to retire in the tranquil surroundings of Percholdsdorf. The property is located on the 2nd floor of a well-maintained residential building and combines high quality housing with...

Immotrading GmbH

750 000 €

Flat in Vienna, Austria

58 m² 2

This elegant 2 bedroom apartment impresses with its exquisite design and atmosphere filled with light. With a usable living area of 57.97 m2 and a total area of 77.71 m2, it offers plenty of space for comfortable living and individual furnishings. Planning and main characteristics: Living area: 57.97 Rooms: 2 Room height: 2.6 m The...

Immotrading GmbH

915 500 €

Flat in Vienna, Austria

93 m² 3

A new exclusive project is being implemented between the Main University Hospital of Vienna (AKH), Zimmermannplatz Square and St. Anne Children’s Hospital: five upscale apartments in the attic are being created in a majestic corner building with an elegantly decorated facade, designed for both their own living and long-term investments. The...

Immotrading GmbH

700 000 €

Flat in Vienna, Austria

73 m² 3

This beautiful 3-bedroom apartment on the ground floor is located near Schönbrunn and includes a terrace and garden. The apartment is spacious, bright and offers a lot of space. Location: The location of the apartment is ideal, as it is located in a quiet residential area, but it offers good connections with public transport (58A, 60, 62) and...

Immotrading GmbH

699 000 €

Flat in Vienna, Austria

111 m²

Beautiful apartment for sale in Vienna Location: The house was built in 1884 and is located in one of the most culturally attractive areas of Vienna. Josefstadt is distinguished by the classical Viennese architectural style. Other advantages of the area include excellent transport links, the presence of a large number of restaurants, cafes...

WESTINVEST

2 495 000 €

Flat in Vienna, Austria

149 m² 4

Discover TONY & TERESE, a picturesque ensemble of townhouse and terraced house located on a soft slope at the foot of the Vienna Forest in Neustift am Walde, one of Vienna’s most charming areas. The unique location combines the peace and natural harmony of the Vienna Forest with its proximity to the city centre, offering a modern lifestyle in...

Immotrading GmbH

290 000 €

Flat in Vienna, Austria

44 m² 2

In the 22nd district of Vienna, on the street Archduke-Karl-Strasse, is this well-groomed 2-room apartment on the attic floor of a modern residential building (year of construction – 2019). The apartment has a living area of about 44 m2 and has a functional layout, as well as bright and cozy rooms. A special advantage is the loggia with an...

Immotrading GmbH

599 000 €

Flat in Vienna, Austria

63 m² 2

A new exclusive project is being implemented between the Main University Hospital of Vienna (AKH), Zimmermannplatz Square and St. Anne Children’s Hospital: five upscale apartments in the attic are being created in a majestic corner building with an elegantly decorated facade, designed for both their own living and long-term investments. The...

Immotrading GmbH

625 000 €

Flat in Vienna, Austria

69 m² 3

Welcome to an apartment that combines everything that life in Vienna is valued for: historical charm, modern design, thoughtful layout – all within walking distance of the city center. This beautifully renovated three-bedroom apartment with an area of about 69.42 m2, located on the 3rd floor with an elevator in a well-groomed classicist house...

Immotrading GmbH

505 000 €

Flat in Vienna, Austria

78 m² 3

Description of the object Spacious and bright 3-room apartment is located on the 5th, the last floor of a modern residential building with an elevator. The total area is about 78 m2, the layout includes a large living room with kitchen and dining areas, two separate bedrooms, a bathroom, a separate toilet and a pantry. Exit to the balcony from...

Immotrading GmbH

1 299 000 €

House in Vienna, Austria

2976 m²

For sale is a plot of land with an area of about 2976 m2, with a project for a single-family house in the English style. Location The property is located in the 14th district of Vienna - in the center of the Augustinian Forest, in the middle of nature. All connections (sewage, electricity, water, etc.) are available. Approved...

Immotrading GmbH

1 599 000 €

Flat in Vienna, Austria

122 m² 5

Severin offers the modern comfort of living in an elegant area, which is not only safe, high quality of life and a picturesque green belt, but also its own sophisticated, cultural atmosphere. Location Description – Döbling (1190 Vienna), Vienna’s 19th district, Döbling, is one of the city’s most prestigious and sought-after residential...

Immotrading GmbH

1 269 000 €

Flat in Vienna, Austria

122 m² 4

A new exclusive project is being implemented between the Main University Hospital of Vienna (AKH), Zimmermannplatz Square and St. Anne Children’s Hospital: five upscale apartments in the attic are being created in a majestic corner building with an elegantly decorated facade, designed for both their own living and long-term investments. The...

Immotrading GmbH

2 050 000 €

Flat in Vienna, Austria

130 m² 4

This elegant 4 bedroom apartment impresses with its exquisite design and atmosphere filled with light. With a usable living area of 130.12 m2 and a total area of 155.47 m2, it offers plenty of space for comfortable living and individual furnishings. Planning and main characteristics: Living area: 130.12 m2 Room: 4 Room height: 2.7 m...

Immotrading GmbH

1 405 000 €

Flat in Vienna, Austria

140 m²

This beautiful, spacious apartment is located on the 4th floor of a building built in 1962 in the 4th district of Vienna. Location: Vienna's 4th district, also known as Wieden, has a number of notable advantages that make it an attractive choice for residents. Viden is located immediately south of the inner city and is therefore very...

Immotrading GmbH

669 000 €

House in Vienna, Austria

110 m²

Location. In an excellent location in the 4th district of Vienna, on the charming street of Lambrechtgasse, this representative office building is a perfect combination of historical architecture and modern comfort. The central location provides a developed infrastructure, as well as excellent transport accessibility and convenient...

Immotrading GmbH

2 450 000 €

House in Vienna, Austria

403 m²

Location In a prime location in Vienna's 4th district, on the charming Lambrechtgasse, this executive office building is the perfect combination of historic architecture and modern comfort. The central location provides a developed infrastructure, as well as excellent transport accessibility and convenient connections to the center of Vienna....

Immotrading GmbH

891 700 €

Flat in Vienna, Austria

82 m² 3

A new exclusive project is being implemented between the Main University Hospital of Vienna (AKH), Zimmermannplatz Square and St. Anne Children’s Hospital: five upscale apartments in the attic are being created in a majestic corner building with an elegantly decorated facade, designed for both their own living and long-term investments. The...

Immotrading GmbH

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