First Vienna Residential Market Report | 2020

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

WESTERN FLAIR 1160 OTTAKRING B ETWEEN THE BELTWAY and the Wienerwald hills, the Sixteenth District has highly varied structures and attracts a thoroughly mixed population. One of the few new housing projects is currently under development on Rosseggergasse at the base

of the slope up Wilhelminenberg, which is one of the district’s hotspots alongside Gallitzinberg. The hype of Yppenplatz is slowly waning, but some of it has moved over to the neighbouring streets securing its place as a hotspot in Ottakring. ×

Hernals

Wilhel- minen- berg

Hernalser Hauptstraße

Gallitzin- berg

Wilhelminenstraße

U Alser Straße

Yppen- platz

Thaliastraße

U Ottakring

U Josefstädter Straße

HOTSPOTS

U Thaliastraße

U Kendlerstraße

SPECIAL FEATURES OF DISTRICT One of Vienna’s many urban hiking trails leads across from Ottakring metro station through the district up to Wilhelminenberg Castle, which lies in the midst of twelve thousand square metres of parkland offering a magnificent view over the capital. The area is surrounded by plenty of leisure opportunities for the inhabitants of the mansions in this area.

varied supply of shops, cafés and restaurants in the western part of Vi- enna, especially on Thaliastraße and Ottakringer Straße. The “Sixteenth” is also attractive due to the cheerful mixture of people in the trendy pubs near the Beltway and the hip Viennese neighbourhoods such as Brunnenmarkt. In terms of culture, Ottakring has the Tschauner Bühne theatre founded all the way back in 1909, which is one of the last remain- ing impromptu theatres in Europe. Around thirty percent of the whole area of the district consists of green space.

Surprisingly, the Sixteenth District is dominated by the Escapists Sinus- Milieu ® ; this milieu is particularly drawn to the multiculturalism and