District 17 (Hernals) – amazing combination of economic activity, green spaces and affordable housing prices

Vienna, the capital of Austria, is famous for its rich history, stunning architecture and vibrant culture. Among Vienna’s 23 districts, some are rich in museums and architectural monuments, others are filled with parks and cozy restaurants, and still others have a countryside feel. So, which one is Hernals, and what do you need to know if you want to rent an apartment in Vienna’s 17th district?  Let’s find out.

The 17th district of Vienna has an area of 11.39 km². The population is 56 033 people. The district is located in the west of the city between the second Vienna transport ring Gürtel and the Vienna Forest. Closer to the Gürtel, the district is densely built up, while in its western part, covered with forests and vineyards, villas and mansions are more common. At the same time, Hernals boasts new construction projects for various purposes.  Even though it is considered one of the “greenest” districts in Vienna, as about 53% of its territory is covered with greenery, the area is also quite densely populated.

Hernals is known for its demographic diversity. Here you will see both communal residential complexes and neighborhoods of Viennese cottage-style villas. Residents of Hernals could live very close to the city center, but at the same time enjoy the quiet surroundings near the Vienna Forest, spacious parks and numerous recreational facilities.

 

 

Historical charm

 

One of the distinguishing features of the 17th district is its historic charm. Steeped in history, Hernals is a place with picturesque streets, well-preserved old buildings that demonstrate the architectural evolution of Vienna over the centuries. The roots of the neighborhood go back to the Middle Ages, and a walk through its streets is like a trip back in time. Restored baroque facades, cobblestone streets and charming squares create an atmosphere that enchants both residents and visitors alike.

 

 

Green oases

 

Despite being located in the heart of a bustling city, Hernals is distinguished by its abundance of green spaces. The neighborhood is home to the beautiful Elterleinplatz park, which provides residents with a peaceful break from city life. This green oasis is ideal for leisurely walks, picnics, or just relaxing with your family in the lap of nature. There are many parks here that also provide space for recreation. One of them is the Hernalser Hauptpark. Numerous picturesque places for walking and relaxation also include: Schwarzenbergpark (Austria’s oldest city park with an area of 80 hectares), the charming Lidlpark with its decorative Japanese cherry trees.

 

 

Housing options

 

Hernals offers a diverse selection of real estate, from historic townhouses to modern apartments. In terms of prices, compared to other neighborhoods in Vienna, real estate prices in Hernals are affordable. According to the statistics website immopreise.at, as of December 2023, buying an apartment will cost an average of 7071 euros/m², and renting a living space can be done at an average rate of 15.86 euros/m²/month.

Among the new residential projects are Sky Residences and Green Oasis, which promise modern and comfortable living.

Average price of an apartment in the 17th district (December 2023) (in EUR/m²)

Area

<50 m²

51-80 m²

81-129 m²

>130 m²

Average /m²

Price

6530

6738

8150

8618

7071

To compare real estate prices with other neighborhoods, you can read one of our articles.

 

 

Cultural centers

 

Culture lovers will also enjoy Hernals. Residents can enjoy theater performances, art exhibitions and community festivals. The area attracts tourists with attractions such as the Vienna Metropol concert hall and the Kulisse cabaret theater.

 

 

Accessibility and infrastructure

 

The undoubted advantages and factors of investment attractiveness of this district are its geographical location and developed transport network. The Inner City (District 1) can be reached by tram in just 10 minutes, and Vienna Airport is 35 minutes away by car. Trams, trains, buses, and the U6 metro line run through the district. In 2018, the construction of the 5th metro line began, which will significantly improve the area’s transport accessibility. In addition, the area boasts a well-developed infrastructure with schools, medical facilities and shopping centers in the immediate vicinity. The Hernals Hospital and the International School of Vienna are located here, providing high quality education for international students.

 

 

Economic activity

 

In addition to its cultural and historical appeal, District 17 is a center of economic activity. Local businesses, restaurants and shops provide a favorable environment for entrepreneurship. The economic diversity and high population density make the district an attractive location for those looking for business opportunities.

 Vienna’s 17th district, Hernals, is a very attractive place for real estate investment. Its historical charm, green spaces, diverse housing options and economic viability make it a well-rounded neighborhood. If you want to buy an apartment in the 17th district, you will have a wide choice of apartments, as Hernals is characterized by architectural diversity: among the buildings you can find both restored old buildings and apartments built in recent years.

With its well-developed infrastructure, cultural richness and moderate real estate prices, the neighborhood is an attractive option for those looking for a new home in Vienna. However, the high population density and resulting traffic congestion may be a drawback for some.

Ready to start your journey to Hernals? Contact our experts at VigoImmobilien to find out about the best real estate offers in this thriving neighborhood!

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