First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

IT DOESN’ T GET MUCH

COOLER THAN THIS 1070 NEUBAU W ALKING THROUGH THE DISTRICT , the drop in attrac- tiveness becomes apparent the closer you get to the Beltway. Even so, Neubau still excels in its wide range of attractions, and is still a very popular residential district. Demand for housing is

especially high around the Museumsquartier and Neubaugasse hotspots. "Über den Linden" is one of the construction projects in the Seventh District; what will be the tallest residential high-rise in the district is cur- rently under construction. ×

U Thaliastraße

U Volkstheater

Burggasse

Muse- ums- quartier

Siebensterngasse

U Burggasse-Stadthalle

Neubaugasse Lindengasse

Mariahilfer Straße

Schottenfeldgasse

U Neubaugasse

U Zieglergasse

U Westbahnhof

HOTSPOTS

SPECIAL FEATURES OF DISTRICT Vienna’s creative centre lies in the Seventh District between Urban- Loritz-Platz, Neubaugasse and Museumsquartier. The last of the three has turned into a historically valuable cultural attraction where the royal sta- bles were once located. Three Sinus-Milieus ® in particular have come to enjoy the cultural va- riety of Neubau with its fascinating melange of art studios, cafés and restaurants, and cheery pub life: Postmaterialists, High Achievers, and

Digital Individualists. The painter Friedrich Ritter von Amerling was born at Stiftgasse 8 in 1887. The efforts of artists, architects, and people from the neighbourhood saved the Amerlinghaus from demolition. Today, the house is a self-managed cultural and communications centre, and home to a restaurant as well as the Neubau district museum. Neubau has only 3.3 percent green space. Nonetheless, many of the young designers living and working in the district still find outdoor inspiration in the parks such as Weghuberpark and Josef-Strauß-Park.