Classic, elegant and a bit conservative
Wilmersdorf is an elegant, bourgeois district without any smugness. The exclusive, partly a bit conservative character is definitely appreciated by the residents. Exclusive quarters can be found in the Grunewald districts, urban neighbourhoods in turn in the inner-city locations of the district. In the 1920s, many artists and intellectuals moved to Wilmersdorf. An attractive and lively downtown with cafés and theatres grew up in the west of Berlin. The noble Grunewald quarter was not far away and was an excellent location for the Berlin Bohemians. The Nazis put an abrupt end to the cultural heyday in Wilmersdorf and many Wilmersdorfers were forced into exile for political reasons or because of their Jewish origins. Today, important scientific and cultural institutions and agencies are located in Wilmersdorf. Numerous galleries are located here, as well as the Schaubühne am Lehniner Platz. Some embassies in Grunewald and Schmargendorf are located in the immediate vicinity of the private residences of their ambassadors.
Neighbourhoods in Berlin Wilmersdorf
The reconstruction of the quarters in Wilmersdorf, which were destroyed in the Second World War, was carried out with relatively small means and the town planning was oriented for many years to the concept of the car-friendly town. During this time, little consideration was given to the historical structure of the building. In the 1970s many squares and quarters were upgraded again. The residents of Wilmersdorf feel very close to their surroundings. The quarter around the Bundesplatz is a good middle-class residential area with a mixture of old buildings and properties from the 1950s. A worldwide unique residential project, "The Snake" ("Schlange"), was realised in the 1970s in the district of Schmargendorf with a motorway overpass. Not far away are the Rüdesheimer Platz and the surrounding Rheingauviertel, which was planned and built in the English country house style. The apartments in this quarter - which are in great demand - are spacious and are located in four-storey houses. In 2015, the New York Times voted Rüdesheimer Strasse in Wilmersdorf one of the twelve most scenic streets in Europe. The residential area along Uhlandstrasse is also very popular, where many high-quality new construction projects have been developed in recent years. The apartments in the core region of the Ludwigkirchplatz and Olivaer Platz areas are mostly very large and luxurious. The Wilhelminian style houses impress with their beautiful facades and well-kept front gardens.
Property prices Wilmersdorf
Not only the prices for apartments in Wilmersdorf are at a high level. Houses of all building typologies also rank among Berlin's top buildings. The purchase prices in Wilmersdorf vary according to macro and micro locations and year of construction, but since the district offers almost only good to very good locations, apartment and house prices are high across all segments. Our overview shows the average value over all years of construction in the portfolio. Please contact us for an exact valuation of your Berlin property.
Price index Wilmersdorf
|Period||Existing buildings Median Offer price||Index (base 10 years = 100)||New buildings Median Offer price||Index (base 10 years = 100)|
|Current quarter||6,330 EUR/m²||-||9,010 EUR/m²||-|
|1 Year||5,970 EUR/m²||6.00 %||8,550 EUR/m²||5.40 %|
|3 Years||4,880 EUR/m²||29.80 %||7,290 EUR/m²||23.60 %|
|5 Years||4,150 EUR/m²||52.50 %||6,350 EUR/m²||41.90 %|
|10 Years||2,430 EUR/m²||160.20 %||3,750 EUR/m²||140.20 %|
Bird's eye view: Property Prices in Berlin Wilmersdorf
The Bubble Chart shows the supply situation of the last 12 months for the property market in Wilmersdorf. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.
Development of property price segments in Berlin Wilmersdorf
The supply of apartments in the existing segment has been declining in Wilmersdorf since 2016. In the last 12 months 2,290 units where offered. In Schmargendorf 310 , in Dahlem 180 and in Grunewald 310 units.
In the exclusive locations of Wilmersdorf there are quarters with high-priced villas and family houses. Please contact us for price estimates for this typology.
Selling your property in Wilmersdorf
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We would be happy to advise you on the sale of your apartment in Wilmersdorf. Free of charge and without obligation.
Rental Market in Berlin Wilmersdorf
The current quoted rent in Wilmersdorf for existing properties is approximately 16.10 EUR/m². The development in the 12-month period is 7.30 % and refers to about 1,450 offers.
Rent index Wilmersdorf
|Period||Existing buildings Median Offer price||Index (base 10 years = 100)||New buildings Median Offer price||Index (base 10 years = 100)|
|Current quarter||16.10 EUR/m²||-||23.65 EUR/m²||-|
|1 Year||15.00 EUR/m²||7.30 %||19.00 EUR/m²||24.60 %|
|3 Years||13.10 EUR/m²||22.90 %||17.85 EUR/m²||32.70 %|
|5 Years||11.10 EUR/m²||45.30 %||14.95 EUR/m²||58.50 %|
Bird's eye view: Asking rents in Berlin Wilmersdorf
The Bubble Chart shows the supply situation of the last 12 months on the property market in Wilmersdorf. The colors mark the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system price radius (square meters) and apartment sizes.
Development of rental price segments in Berlin Wilmersdorf
The chart shows the changes in the price structure of the district based on four price segments. How many flats were offered in the different price segments? The line shows the development of the average asking price per square metre across all flat types and price segments for existing flats.
Apartment buildings in Wilmersdorf
The building structure in Wilmersdorf is typologically broadly mixed. The housing stock is about 8,500 buildings. The district offers very good residential locations in western Grunewald and Schmargendorf and still good residential locations in the Wilmersdorf neighbourhoods to the east. In addition to the quality of the excellent residential neighbourhoods, the centrally located mixed-use areas of Kurfürstendamm and Wittenbergplatz and Savignyplatz are also expressed in high purchase prices. If you want to buy a detached or semi-detached house in Grunewald, Schmargendorf or Wilmersdorf, you will have to invest in the seven-figure range in good to very good locations. Residential and commercial buildings are often used for commercial purposes on the ground floors. The condition of the buildings is predominantly good to very good. The high price level will continue in 2021.
The mayor of the district is a member of the Social Democratic Party (SPD), the department of urban development, building and environment is led by Bündnis 90/Greens. Wilmersdorf has only good and very good residential locations and, similar to Charlottenburg, a few central land reserves. Various new construction projects are taking shape in the district, including larger building projects.
The villa district of Grunewald has always been considered highly priced. There is also excess demand in Wilmersdorf, which has currently accumulated to about 12,000 flats. With a population of about 150,000 in the district, the property stock amounts to about 82,100 flats in about 8,440 residential buildings. With an average flat size of 80.5m², Wilmersdorf ranks second in Berlin. The ownership rate in Charlottenburg-Wilmersdorf, at 14.5 per cent, is in the good midfield in Berlin.
The table shows the values for multi-family houses published by the German Real Estate Association (IVD) for Charlottenburg-Wilmersdorf by location and year of construction.
|Construction era||Simple to medium locations||Good to very good locations|
|1900 - 1949||2.300 - 3.200 EUR/m²||3.000 - 4.100 EUR/m²|
|1950 - 1978||1.900 - 2.800 EUR/m²||2.500 - 3.300 EUR/m²|
|1979 - 2000||2.100 - 3.200 EUR/m²||2.800 - 3.500 EUR/m²|
|since 2001||2.500 - 3.700 EUR/m²||3.200 - 4.600 EUR/m²|
Wilmersdorf has high purchasing power in the Berlin context. The district offers exclusively good to very good residential locations. Bourgeois neighborhoods and the high quality of life resulting from the proximity to the Kurfürstendamm and the Grunewald are the characteristics of a sustainable investment climate. Rents and purchase prices show constant increases, with a slight decline in supply volume.
- Investors can still catch up in the existing and new construction segments.
- The average purchasing power in Wilmersdorfer A-locations is higher compared to urban A-locations.
- Moderate but constant increase in supply rents.
- Constant rise in purchase prices despite growing competition due to new construction (high quality of old buildings)
- Very good quality of life and high local recreation factor. Low environmental impact.
In Wilmersdorf there are high-priced traditional West Berlin locations. Investments have a high potential regarding the target groups in the different building typologies:
- Compact apartments in complexes from the 20s and 30s: Small Silver Ager Households
- Classic apartment buildings from the Wilhelminian era: High-income households
- High-quality, also smaller town villas, both as new buildings and from the Wilhelminian era: Households with above-average incomes
- Detached houses and villas: Households with above-average incomes
Building activity in Wilmersdorf
In Wilmersdorf, the housing stock comes to a total of around 83.000 units distributed over 26 statistical planning spaces LOR (Lebensweltlich orientierte Räume). At an average apartment size of 78.7 m², Wilmersdorf is one among the highest in Berlin. The statistical household size is 1.63 persons per household and the mathematical household size is 1.88 persons per household.
The construction activity in Wilmersdorf remained constant in recent years. When and in which quarters (LOR) construction completions were reported, can be seen from the map. (Source: Amt für Statistik Berlin-Brandenburg)
In December 2018, it was decided that the following areas should be designated as milieu protection areas without delay and that sufficient personnel/planning positions in the district budget should be planned or decided.
- Prager Platz
- Nikolburger Platz
In the second meeting of the district council in 2019, it was added that the area around the Binger Strasse would be included in the current rough screening procedure and designated as a potential observation area until completion.
Milieu protection map Wilmersdorf
Check in our milieu protection map Berlin whether your property is located in a protection area, an investigation area or a suspected area. Our milieu protection map is continuously revised and updated on basis of the resolutions of the district assemblies (BVV). Please also visit our milieu protection area for further information.
In the course of the 2001 district reform, Wilmersdorf was incorporated into one district with Charlottenburg. The Social Democratic Party (SPD) provides the district mayor, the department for urban development, construction and environment is led by Bündnis 90/ Grüne. Wilmersdorf partly consists of good to exclusive residential areas and, similar to Charlottenburg, large reserves of space. Various new construction projects are underway in the district, including larger construction projects. The Grunewald villa district has always been regarded as high-priced. Wilmersdorf also has a surplus demand, which has accumulated to over 12,400 units by 2017. With a population of approx. 148,000 people in the district (2017), the real estate portfolio amounts to about 82,100 apartments in approx. 8,440 residential buildings. With an average apartment size of 80.5m², Wilmersdorf is in second place.
At 14.5 percent, the ownership rate in Charlottenburg-Wilmersdorf is in the good Berlin midfield. Between 1950 and 2016, around 58,000 apartments were converted (source: Senate Department for Urban Development and Environment), i.e. converted into residential property by division.
Population by nationality
On an international and national level there are more inflows than outflows. In terms of suburban and internal migration, on the other hand, migration tendencies can be observed.
- All migrations
District Market Reports
This report was last updated on 24.11.2021 .
The Guthmann Market Report is a semi-automated report about the property market in Berlin. All information has been carefully researched and is given to the best of our knowledge and belief. We assume no liability for completeness, deviations, changes and errors. Our report does not represent an investment recommendation.
Amt für Statistik Berlin-Brandenburg: Einwohnerregisterstatistik (Bewegungsdaten), Fortschreibung des Wohngebäude- und Wohnungsbestandes, Ergebnisse des Haushaltegenerierungsverfahren KOSIS-HHGen, Baufertigstellungen. IMV GmbH: Rohdaten Preise und Mieten. Senatsverwaltung für Stadtentwicklung und Wohnen: Umwandlungsdaten (2018), Geoportal Berlin (FIS-Broker). Immobilienverband Deutschland IVD (2018/2019): Immobilienpreisservice 2018/2019.
Housing deficit (Treemap): The Statistics Office updates the household data based on the 2011 micro-census. Determination of household count and statistical household size via household generation procedures (KOSIS). We calculate the real household size / housing deficits via the ratio number of inhabitants to number of apartments.
Purchase prices and rents (charts and reports): Calculation of the median on the basis of raw data, own visualization.
Migrations: Aggregation and visualization based on transaction data.