First Vienna Residential Market Report | 2021

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021

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PRETTY ELEGANT 1180 WÄHRING W ÄHRING IS STILL one of the most desirable residential areas in Vienna. The demand for living space is still very high with price levels to match. Popular hotspots include Kutsch- kermarkt, Währinger Cottage, and Schafberg.

There is not much construction activity in Währing apart from occasional new housing projects such as on Gersthofer Straße. High-quality state- of-the-art loft extensions especially in restoration projects will add to the existing living space. ×

Pötz- leins- dorf

Krottenbachstraße

Schaf- berg

Türken- schanz- park

Gersthofer Straße

Gersthof

Währinger Cottage

U Nußdorfer Straße

Währinger Straße

Kutsch- kermarkt

U Währinger Straße

HOTSPOTS

SPECIAL FEATURES OF DISTRICT Währing’s status as one of Vienna’s finer districts is mainly due to the part referred to as the Cottageviertel, or “cottage quarter”. Elegant villas and embassies as well as romantic gardens and parks line the border to Döbling. Viennese author Arthur Schnitzler lived together with his family at Sternwartestraße 71 near the university observatory until his death in 1931. The Eighteenth District is ideal for long walks in the romantic Pötzleinsdor- fer Schlosspark, around Kutschkermarkt, or in the expansive Türkenschanz- park, a name that harkens back to the siege of Vienna by the Ottomans

in 1683. The popular street market and surrounding area have seen a real boom in recent years.

The Postmaterialists Sinus-Milieu ® is especially attracted to the district’s particularly family-friendly ambience, good connections to the city centre, and the abundance of green space accounting for twenty-seven percent of the total area of Währing. However, the Eighteenth District is also pop- ular amongst students for the district’s university institutions, especially the University of Natural Resources and Life Sciences, or BOKU, and the plentiful leisure opportunities.

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