1140 wien – penzing
49
Popular Penzing
WILLA Glossystraße 65-71, Knödelhüttenstraße 27 / EHL
Breitenseer Straße 28 / EHL
Wolfersberg
Weidlingau
Hadersdorf
Wolf in der Au
Hütteldorfer Straße
Hütteldorf
Breitensee
Ober St. Veit
Zuhause in Hawei Mauerbachstraße 17 / EHL
Penzing
Zuhause in Hawei Mauerbachstraße 17 / EHL
Hietzing
Otto-Wagner-Villa
THEOs Spallartgasse 19-23 / EHL
FACTS Demography
Living paradise in the west of Vienna
Kennedy Garden Penzinger Straße 76 / BUWOG
Sinus-Milieus ®
The Fourteenth District benefits from a host of features as a place to live. Excellent transport connections such as the U4, S-Bahn sub- urban railway services, local and long-distance trains, and a variety of bus and tram connections keep the district well-connected. On the other hand, spacious green and recreational areas such as the Vienna Woods, Steinhofgründe, and Dehnepark are attractive spots to stop and relax. Penzing is the third greenest district in Vienna as measured by green spaces since the district extends into the Vienna Woods. Apart from its proximity to nature, the district also benefits from cultural and architectural highlights. Hütteldorf’s Allianz Stadium as well as numerous Art Nouveau buildings by architect Otto Wagner – especially the Church of St. Leopold located at Steinhof – define the district’s aesthetic appeal. Fun fact: around one in four people employed in Penzing work in the health sector – more than in any other district of Vienna. Recent years have seen numerous development projects, includ- ing major ones, completed in the Fourteenth District. Construction activity has since calmed down somewhat with increased focus on small-scale projects, renovations, and high-quality properties, especially in the western part of the district. Demand for housing remains very high. Projects currently under development include Minorgasse 37, Mauerbachstraße 17, Knödelhüttenstraße 27, and Hochsatzengasse 16. Due to their proximity to the expansive
green spaces of the district, these locations appeal to a broad target group.
Residents
99,049 48,281
upper class traditional milieus central milieus modern lower class
Main residences Persons/household
2.03
Penzing attaches great importance to a balanced development with new housing opportunities to be created while also preserv- ing the historical townscape and listed architectural ensembles. This aim is especially clearly defined in the Alt-Penzing area – pre- serving historical buildings and protecting green spaces while also developing living space in moderation. The signature architectural ensembles are to be preserved in the long term by land use reclas- sifications and urban development plans. However, new housing at local scale is under development on selected plots benefiting resi- dents, local businesses, and home seekers. Stinglgasse also focus- es on architectural conservation with land use reclassification to preserve the existing building stock and valuable tree population. Achieving the climate goals also takes priority in Penzing. One example of this is the Ludwig-Zatzka-Park extension with the Breitensee S-Bahn suburban railway station forecourt to be redesigned for climate resilience and integrated into the existing parklands. More greenery keeps the district cool while new seating, water pools with drinking fountains and jets, fitness equipment, and a community garden add to the district’s live- ability. Light-coloured, heat-reducing ground surfacing and modern lighting along the main paths also increase safety and comfort.
Moved in Moved out
+ 10,244 - 9,388
Migration balance
+ 856
Housing prices Owner-occupied First occupancy
Foreign nationals
€ 6,150 / m2 € 4,350 / m2
36.4 %
Vienna Innere Stadt
Other
4.54 %
> 65 years 18.9 %
9.4 %
31.1 %
0-5 years
6-14 years
Rented First occupancy
Average income (net)
10.2 %
€ 15.60 / m2 € 13.87 / m2
15-24 years
€ 30,005
Vienna Innere Stadt
Ø Alter 42.8 years
Other
€ 31,946
Invest. property € 2,300 to € 3,600 / m2
Average age
57 %
25-64 years
The calculations are based on data from the 2025 EHL Apartment Building Report.
41.7
Vienna Innere Stadt
42.8
FIRST VIENNA RESIDENTIAL MARKET REPORT 2026
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