U5 Construction: Where in Vienna Is It Worth Investing in Property Now?

Those looking to invest in real estate that is expected to experience significant price increases in the long term should consider the areas around the new U5 line. Due to the resulting good public transport connections, a significant increase in property value is expected. Here are some facts that investors should know about this topic.
Line U5 as a Price Driver: Two Waves of Value Increase
Experts observe, according to an article from "Die Presse", that the subway construction influences property prices in two phases:
- Ankündigung und Baubeginn: Bereits mit der Bekanntgabe des Projekts stieg die Nachfrage nach Immobilien in der Nähe der geplanten Stationen.
- Fertigstellung und Inbetriebnahme: Kurz vor und nach der Eröffnung kommt es zu einer weiteren Preissteigerung.
According to experts, each phase sees an increase of about 10 to 14 percent.
Hotspots Along the U5 Route
According to information from the City of Vienna, the U5 will be realized in two stages:
- Bis 2026: Verbindung von Karlsplatz über Rathaus bis Frankhplatz.
- Bis 2035: Verlängerung über Arne-Karlsson-Park, Michelbeuern-AKH, Elterleinplatz bis Hernals.

Along this route, several districts stand out for their particular investment potential:
1. Alsergrund (9th District)
The Frankhplatz station is located in the heart of the university district. The proximity to educational institutions and the central location make the area attractive for students and academics.
2. Währing (18th District)
Around the planned Arne-Karlsson-Park station, property owners benefit from the improved connectivity. The area is known for its quiet residential streets and green parks.
3. Hernals (17th District)
With the future terminus of the U5, Hernals will be better connected to the city center. Already, according to "Die Presse", revitalizations of old buildings can be observed here.
Current Real Estate Prices in Comparison
According to "Immopreise.at" (as of 8.7.25), a platform by "Der Standard", the average square meter prices for condominiums currently vary by district as follows:
- Alsergrund (9. Bezirk): ca. 9.500 €/m²
- Währing (18. Bezirk): ca. 8.300 €/m²
- Hernals (17. Bezirk): ca. 7.800 €/m²
Compared to the Vienna average (excluding the city center) of about 7,400 €/m², these districts are in the upper segment, highlighting their attractiveness for investors.
Conclusion: Invest Now, Benefit Tomorrow
The construction of the Vienna U5 offers long-term value appreciation potential for real estate in the affected districts. Investors who acquire property in these locations early can benefit from the improved infrastructure and increasing demand.
(Ed.)
This article has been automatically translated, read the original article here.