First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

UNI VERSITY LIFE IN ALL ITS DI VERSITY 1090 ALSERGRUND A LTHANGRUND, THE AREA between the former University of Economics and the Franz-Josefs-Bahnhof railway station, is currently the largest development project in the Ninth District. However, it doesn’t stop there as there are new residential projects elsewhere in Alsergrund such as on Grünentorgasse, Pflug-

gasse, Liechtensteinstraße, and Nussdorfer Straße. A luxury residential project is currently underway on Berggasse. Popular hotspots in the district include Servitenviertel as well as the area around the previous Vienna General Hospital site known as the Altes AKH, and around Donaukanal. ×

U Spittelau

U Nußdorfer Straße

Nussdorfer Straße

Franz- Josefs- Bahnhof

U Friedensbrücke

Franz-Josefs-Bahnhof

U Währinger Straße

Donau- kanal

U Roßauer Lände

U Michelbeuern-AKH

Serviten- viertel

Währinger Straße

U Schottenring

Altes AKH

U Alser Straße

U Schottentor

HOTSPOTS

Alser Straße

SPECIAL FEATURES OF DISTRICT The Ninth District has several recreational areas such as Votivpark and Liechtensteinpark, the campus in the Old General Hospital, and the banks of Donaukanal – which take up seven percent of the total area. Alsergrund has a lively restaurant and café scene as well as a rich selection of cultural attractions due to, amongst other things, the many university sites and student halls. The Ninth District is divided into a number of different quar- ters with a partly steep slope from the Vienna Beltway to Donaukanal. This explains the many steps, some quite remarkable such as the Strudel- hofstiege steps immortalised in Heimito von Doderer’s novel of the same

name. Arts and cultural attractions are scattered throughout the district with institutions such as the WUK, Volksoper opera house, and the Theater am Alsergrund that are just as popular as the Sigmund Freud Museum in Berggasse and the Schubert Museum in Himmelpfortgrund, the birthplace of the great Viennese composer. The district especially benefits from the newly built quarters north of Alserbachstraße as well as the student halls mentioned before, especially amongst the High Achievers Sinus-Milieu ® . Postmaterialists, on the other hand, appreciate the various faculties of the University of Vienna and MedUni.