First vienna residential market report

1160 wien – ottakring

Cultural diversity

Schloss Wilhelminenberg

16er Melange Seeböckgasse 39 / EHL

Brunnenmarkt

Hernals

Yppenplatz

Alser Straße

Ottakring

Josefstädter Straße

Thaliastraße

Kendlerstraße

Yppenmarkt

ODO25 Odoakergasse 25 / EHL

From Vienna Beltway to the Vienna Woods

FACTS Demography

Gablenzgasse 60-60a / BUWOG

Roseggergasse 2-8 / EHL

A tapestry of contrast defines the former working-class district of Ottakring: densely built-up urban neighbourhoods dominate in the east compared to upmarket residential areas at the foot of Wilhelminenberg hill in the west. Brunnenmarkt in Yppenviertel is considered Vienna’s longest street market and attracts people from all over the city. Ottakring is also known throughout Austria for its long-standing industrial brewery of the same name still producing beer in the district. The Sixteenth District has a lot to offer such as the multicultural Brunnenmarkt market attracting visitors to a culinary journey around the world combined with lively nightlife on Ottakringer Straße. The Vienna Woods on the western border of Ottakring of- fer plenty of lush greenery, hiking trails, and a panoramic view over the city from 449 metres up on Wilhelminenberg, the district’s “local hill”. The district is currently undergoing increasing development activity again, especially in central and western Ottakring. Current development project locations include Roseggergasse 2–8, the former plant nursery site on Erdbrustgasse and Gallitzinstraße, and a minor project at Seeböckgasse 39. A new block is under devel- opment on Weinheimergasse, promising high-quality living and working spaces. The inner courtyards of these Gründerzeit blocks are to be upgraded with unsealing, improvements in ventilation and greenery, and also free-standing firewalls to be integrated into the design. A protection zone along the edge of the block en- sures preservation of the historical urban landscape, while a busy ground floor zone on Ottakringer Straße aims to boost liveability

in the centre of this traditional Viennese grätzel neighbourhood. Ottakring’s excellent infrastructure has kept demand for residential housing consistently high all over the district with the U3 and U6 metro lines, S-Bahn suburban railway services, and a variety of bus and tram routes. The district is also changing in appearance. A mission statement – “Old Ottakring as New” – has been forged to renew Alt-Ottakring by combining renovations, new buildings, public space redesign, and neighbourhood initiatives. This approach focuses on the historical centre between the Stadtbahnbögen railway arches and Sandleitengasse, where parish, day-care, and youth centres as well as wine taverns shape life in the neighbourhood. The densely built-up Hippviertel quarter near the Vienna Beltway is also being upgraded with added focus on climate resilience. The plans include around 500 square metres of additional green space, new seating, an interactive water feature, and several drinking fountains. Brunnengasse is to be turned into a pedestrian zone and Hasnerstraße to be redesigned as a one-way street from Hippgasse onwards with the aim of reducing car traffic and in- creasing safety for cyclists. The modernisation plan for the Wiener Gesundheitsverbund healthcare provider includes extensive reno- vations to Ottakring Hospital to be completed by 2040. The ageing pavilion structure is to be replaced by three new central buildings for hospital specialities and a modern administration building while also preserving the listed hospital pavilions. A competition planned for 2025 involves for an outdoor redesign to add attractive and functional open spaces to the hospital site.

Sinus-Milieus ®

Residents

102,727 50,968

upper class traditional milieus central milieus modern lower class

Main residences Persons/household

2.01

Moved in Moved out

+ 13,756 - 13,945

Migration balance

- 189

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 6,050 / m2 € 4,150 / m2

36.4 %

Vienna Innere Stadt

Other

4.47 %

> 65 years 16.2 %

8.9 %

41.7 %

0-5 years

6-14 years

Rented First occupancy

Average income (net)

€ 14.70 / m2 € 13.10 / m2

11.6 %

€ 30,005

Vienna Innere Stadt

15-24 years

Ø Alter 41.3 years

Other

€ 27,190

Invest. property € 1,600 to € 2,900 / m2

Average age

58.8 %

25-64 years

The calculations are based on data from the 2025 EHL Apartment Building Report.

41.7

Vienna Innere Stadt

41.3

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026