First Vienna Residential Market Report 2024

Diverse and green

Metropol

Cuvée Taubergasse 26-28 / EHL

Hernals catching up

Hernals also has its own internal diversity like its neighbour- ing district, Ottakring. Whether middle-class suburban or hip urban, the Seventeenth District provides a mix of old and new, shabby and chic. Hernals has a varied demographic mix as reflected in the differ- ences between the district’s quarters. The urban architecture of the district ranges from high and late Wilhelminian style next to public housing, to cottage districts and historic central areas. In contrast, the urban part of the district closer to downtown between Hernalser Hauptstraße and Elterleinplatz is especially popular amongst younger people. This is where the large Post- sportplatz leisure area is located. The U5 metro line currently un- der construction is the main reason for the upsurge on the hous- ing market. Future enhancements to Hernal’s public transport

connections are especially attractive for property developers and residential buyers, and the main reason for rising housing prices in this part of the district. There are projects on Beheimgasse, Weißgasse, Steinergasse, Heuberg, and Kalvarienberg. Hernals also has a dignified, genteel atmosphere about it from Wattgasse outwards along Alszeile. This is where the northwest- ern part of the Seventeenth District borders on the green Vienna Woods with their hiking trails, picnic areas, and city views. The Dornbach and Neuwaldegg quarters radiate a village atmos- phere, and are amongst the city’s most upmarket locations with their villas and exclusive new buildings. The aim is to preserve the green and recreational areas and to enable the development of building sites for additional living space in the Kleiner Schafberg urban area, which mainly consists of single-family houses and allotment garden quarters.

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