First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

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BETWEEN ‘YOUNG’ WINE AND

TRADITIONAL BEER 1160 OTTAKRING O TTAKRING FEATURES many faces in the best way pos- sible as reflected in the highly diverse population between the Vienna Beltway and the Wienerwald hills. Small-scale development projects extending across the entire district dominate in

the quarter’s current development, improving the district on a broad basis. 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 Ottakring provides a balanced mix of urban landscapes between Wiener- wald hills and Beltway. Wine taverns, hiking trails, a Wilhelminian quarter, student life and a cultural melting pot are all at home in Ottakring, as is the Wilhelminenberg local recreation area with enchanting views over Vienna. Green spaces account for around thirty percent of the district’s total area, mainly located towards the outskirts; the parts closer in are densely built-up areas with other attractions. Brunnenmarkt is a special highlight with its culinary specialities. The longest permanent street market in Europe is not only still highly affordable, it cannot be beaten in terms of variety. The hustle and bustle of the market can be observed from any one

of the many cafés and restaurants on neighbouring Yppenplatz. Unsur- prisingly, the Escapists Sinus-Milieu ® feels particularly comfortable here. They especially appreciate the multiculturalism and varied supply of shops, cafés, and restaurants, chiefly on Thaliastraße and Ottakringer Straße. Ottakring’s district brewery not only brews beer, known as the “16er- Blech”, it is also a venue for clubbing, concerts, and hip markets. Music composed by Karl Hodina, a well-known representative of the Viennese wine tavern genre, can still be listened to here. Ottakring’s established son found his final resting place at the local cemetery.

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