First vienna residential market report

1170 wien – hernals

55

Urban versus noble

Schwarzenberg- allee

MOKKA Zeillergasse 2 / EHL

Metropol

Bergsteig- gasse 50 / EHL

Hernals

Alser Straße

Ottakringer Straße 26, Veronikagasse 31 / EHL

Dornbacher Straße 86 / BUWOG

Viennese charm and the joy of nature

FACTS Demography

Elterleinplatz

Ottakringer Straße 26, Veronikagasse 31 / EHL

Sinus-Milieus ®

The Seventeenth District shows clear contrasts like its neigh- bouring district, Ottakring: high population density in the east along the Vienna Beltway contrasts with quiet, leafy residential areas more uphill in the west. Whether suburban, elegant, or urban-trendy, Hernals has a unique way of combining tradition, modernity, casualness, and style. A remarkable demographic and structural diversity defines the district. Neighbourhoods from the high and late Gründerzeit era vie with municipal housing complexes, charming cottage quar- ters, and historical village centres – each with its own character. The new U5 metro line development project is a key driver in the current development situation. Improved transport links will increase the attractiveness for developers and home buyers in the future, especially along the new route. New projects are currently under development throughout the district in locations such as Ottakringer Straße 26 and 44 as well as Weißgasse 26. Urban planning has also been a driving force behind the district’s future development. One example is the land use reclassification and urban development plan on Dornbacher Straße with the aim of enabling state-of-the-art sustainable and climate-friendly development. This specifically focuses on the historical centre, current development structure, and the high green-space ratio. Classification largely oriented towards the existing building stock and the extension of the protective zone preserves the area’s sig- nature aesthetic. Kainzgasse will also be classified as a protection zone in the future. The planning is based on the existing building

stock focused on homogeneous structures and green courtyards in alignment with the city’s climate goals.

Residents

56,767 27,725

upper class traditional milieus central milieus modern lower class

Steep sloping terrains, single-family houses, small gardens, and expansive green spaces characterise the Kleiner Schafberg area in the west of Hernals. The topographical conditions have so far prevented the full development of the historical road system, and some properties are difficult to access. The plan is to preserve the small-scale development structure, open up new construction sites, secure green and recreational spaces, and minimise land use and sealing with special focus on resource-saving infrastructure and pedestrian thoroughfares. A redesign master plan is also available for Lacknergasse involving the rearrangement of a block dating back to the Gründerzeit era with single-storey halls in the inner courtyard to be replaced by buildings with a smaller footprint. This creates a consistent, high-quality green and open space. Green roofs and other meas- ures improve the microclimate in the previously heavily sealed area. A protection zone will also be established for the first time towards long-term preservation of the historical Gründerzeit urban character. Cyclists will especially benefit from a cycle path of around 900 metres in length along the Alszeile between Alsgasse and Dornbacher Straße connecting existing routes and creating a fast, secure connection to the Vienna Beltway to be completed by 2025.

Main residences Persons/household

2.03

Moved in Moved out

+ 7,934 - 7,914

Migration balance

+ 20

Housing prices Owner-occupied First occupancy

Foreign nationals

€ 6,000 / m2 € 4,300 / m2

38.0 % 36.4 %

Vienna Innere Stadt

Other

4.34 %

16.8 %

9.1 %

0-5 years

> 65 years

6-14 years

Rented First occupancy

Average income (net)

€ 14.80 / m2 € 13.20 / m2

11.3 %

€ 30,005

Vienna Innere Stadt

15-24 years

Ø Alter 41.4 years

Other

€ 28,809

Invest. property € 1,900 to € 4,500 / m2

Average age

58.4 %

25-64 years

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

41.7

Vienna Innere Stadt

41.4

FIRST VIENNA RESIDENTIAL MARKET REPORT 2026

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