FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020
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THE GREEN GRANDSTAND 1140 PENZING T HE FOURTEENTH DISTRICT still has plenty of potential for development although many families already benefit from good transport links (U4 metro line and the regional railway network)
in the urban areas of Penzing such as at the Körnerkaserne barracks site as well as a new housing development for 76 new units at Penzinger Straße 76. The district has several investment apartment developments including Linzer Straße, Leyserstraße, Breitenseer Straße, and Schützplatz. Housing demand is also increasing along Hütteldorfer Straße. ×
as well as spacious green areas. Families especially appreciate the Wolfers- berg and Breitensee hotspot areas. There are also attractive developments
Mauerbachstraße
Amundsenstraße
Wolfers berg
Hadersdorf
Weidlingau
Wolf in der Au
Linzer Straße
Breiten see
U Hütteldorf
U Johnstraße
U Ober St. Veit
Hütteldorfer Straße
Breitensee
Hadikgasse
HOTSPOTS
Penzing
U Hietzing
SPECIAL FEATURES OF DISTRICT Green space takes up approx. sixty-one percent of the total area of Penzing, creating varied leisure and recreational activities: sports fans benefit from the Allianz Stadium and Hohe Wand Wiese, one of Vienna’s two ski slopes, and a summer toboggan run and mountain bike trail centre. Museums such as the Technical Museum built in 1918, with exhibits and models from the history of technology, and the Otto-Wagner-Villa mansion round off the list of attractions. The last in the list was built in 1888 by architect Otto Wagner and purchased by Ernst Fuchs in 1972. The artist rescued the building from dereliction, converted it into a museum, and opened it to the
public. There’s one more highlight for cultural history aficionados: Gustav Klimt, the world-famous painter and cofounder of the Vienna Secession, was born at Linzer Straße 247 in 1861. The Established and Conservatives Sinus-Milieus ® are especially heavily represented in Penzing. The main reason for this is the peaceful location on the edge of the city with good connections to the motorway, the highly traditional buildings, attractive residential areas with detached properties, and the high-value new building projects.
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