First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

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GREEN, GREENER, HIETZING 1130 HIETZING T HE THIRTEENTH DISTRICT is seen as a highly attractive residential area with its many green and recreational spaces as well as Tierpark Schönbrunn zoological gardens – and not the demand. The Schweizertalstraße currently has two new housing developments under construction. Old mansions and villas in upmar- ket locations are finding increasing use for apartment buildings, such as Jagdschlossgasse. Even so, construction activity is somewhat scarce compared to the total area of Hietzing. × only amongst families. New residential space such as in Lainz and Spei- sing as well as the Ober St. Veit hotspot are being developed to meet

Wolf in der Au

U Hütteldorf

U Ober St. Veit

Ober St. Veit

U Unter St. Veit

U Hietzing

Alt- Hietzing

Lainzer Straße

Lainz

Grünbergstraße

Preyergasse/Speising

HOTSPOTS

SPECIAL FEATURES OF DISTRICT Green, greener, Hietzing – this district leads Vienna in terms of green spaces that account for no less than seventy percent of the district’s total area. It comes as little surprise this is one of Vienna’ most de- sirable residential areas. Tourists and day-trippers also love to go to the Wienerwald hills or the local recreation area of Lainzer Tiergarten park, a publicly accessible nature reserve further into the city. Hietzing’s magnificent cemetery where famous personalities such as Otto Wagner, Gustav Klimt, and Franz Grillparzer came to their final rest is also a great attraction with its panoramic view of the city. Moreover, Hietzing has a distinctly majestic aura. The former summer residence of the Habsburgs, Schloss Schönbrunn palace, and its opulent halls provide a unique op-

portunity to delve into everyday life of the Kaisers, and also features a children’s museum, puppet theatre, and regular concerts. Schönbrunn palace gardens and the enchanting Tierpark Schönbrunn zoological gardens, the world’s oldest zoo still in operation, are also worth a look. Elegant Hietzing still has visible and palpable traces of royal life that can even be seen in the populace: the Postmaterialists Sinus-Milieu ® is especially attracted to the extensive green areas mentioned above as well as the architectural variety of the district, while the Established appreciate the elitist residential area with its traditional mansions and high-class restaurants.

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