Vienna is the federal capital and a federal state of Austria, situated in the east of the country along the Danube, Wien, and Liesing rivers. The city lies at an elevation of 151 metres, rising to its highest point at Hermannskogel. As a major metropolis, its economy and institutional life are anchored by its status as the national capital and by major educational institutions, including the University of Vienna, the Vienna University of Economics and Business, and the Academy of Fine Arts Vienna. The city is served by Wien-Schwechat Airport.
Property in Vienna is generally dearer than in the rest of Austria. The distribution of housing and prices varies significantly between the city's districts. Landstraße holds far more of the housing stock than any other district, with prices that sit above the city average. In contrast, Döbling is a highly expensive district where home buyers pay more than double the city-wide average. Those looking for more affordable options will find them in districts like KG Favoriten and Brigittenau, where housing prices are about half of what is typical across Vienna.
