Berlin-Wilmersdorf: development and life in the borough

In Wilmersdorf, suburban flair and villa quarters meet densely built-up streets. Sprawling green areas such as the Thaipark and the Grunewald offer space to relax. The Schaubühne and numerous galleries provide a wide range of cultural activities. The Max Planck Institute makes Wilmersdorf an important science location. Many cafés and a wide range of culinary offerings invite residents to linger and enjoy. Despite its proximity to Kurfürstendamm, this part of Berlin has rarely been frequented by tourists, which only adds to Wilmersdorf's quality of life. The information contained in the following chapters will show you how this is reflected in the real estate market.

Real estate market in Berlin-Wilmersdorf

The boom in Berlin's real estate market is also reflected in the posh Wilmersdorf borough. It is one of the most expensive residential areas in Berlin. Prices have risen enormously in recent years. Single-family and multi-family homes as well as villas from various eras provide for a diverse range of offers, which is currently being supplemented by many exclusive new construction projects. The Schlangenbader Strasse highway superstructure - popularly known as "the snake" - has been a listed building for several years. Only a short distance from this residential block is the Rheingauviertel, which was designed in the English country house style. According to the New York Times, the local Rüdesheimer Strasse was one of the twelve most beautiful streets in Europe in 2015. The high prices for rents and property ensure a homogeneous picture in the social structure, so that mainly the financially strong population resides here.

Average rental prices

19

EUR / m²

+39.80%

Average purchase prices

6,468

EUR / m²

+7.47%

Rental offers

474

-4.96%

Purchase offers

1,955

+47.87%

Wilmersdorf: Real estate supply and development

Despite extensive construction measures, the supply of real estate is declining. Finally, interest is visibly increasing. Therefore, no serious changes are to be expected on the diverse real estate market in Wilmersdorf, even in the medium term.

Offer of properties for rent and sale in Charlottenburg-Wilmersdorf

Rental offers
Purchase offers

How are real estate prices developing in Wilmersdorf?

Real estate prices in Wilmersdorf have been among the highest in the capital for years and have continued to rise recently. The attractiveness of the location and the social structure lead us to assume that this trend will continue in the future.

Purchase price (m²) in Charlottenburg-Wilmersdorf

Existing building

Average purchase prices

6,468

EUR / m²

+7.47%

New builds

Average purchase prices

11,467

EUR / m²

+6.77%

Average purchase price Charlottenburg-Wilmersdorf

New build
Existing building

Current rents and development

Wilmersdorf, which has a somewhat conservative character, has been experiencing sharply rising rents for several years and is one of the most expensive districts in Berlin. The fact that tenants are willing to pay these prices is shown by the declining supply of existing apartments.

Average rental prices in Charlottenburg-Wilmersdorf

Existing building

Average purchase prices

6,468

EUR / m²

+7.47%

New builds

Average purchase prices

11,467

EUR / m²

+6.77%

The population of the borough

Wilmersdorf has about 100,000 residents, most of whom have above-average incomes and are over 40 years old on average. The population here is not as colorful as in Friedrichshain, Kreuzberg or Mitte, for example; it appears much more homogeneous.

Residents Charlottenburg-Wilmersdorf
The five largest international populations in Charlottenburg-Wilmersdorf

Migration in Charlottenburg-Wilmersdorf

Moves in

21,228

Persons

-24.68 %

Moves out

16,385

Persons

-11.67 %

In the year 2021, development compared to the previous year

Life in Berlin-Wilmersdorf

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