Property market Charlottenburg
A mirror of history.
Until the end of the Weimar Republic, Kurfürstendamm was the exclusive place to be for international artists and the bohemian society. The Nazi pogrom on November 9th, 1938 hit Charlottenburg very hard. Approximately 27.000 Jews lived and worked in Charlottenburg before the Nazis took over. Today many memorials for the Jews, who were murdered by the Nazis, can be found in Charlottenburg.
Even though many blocks and quarters have been destroyed during the war, Charlottenburg has preserved its old glow. The famous Charlottenburg Palace, which was built for the first Queen of Prussia, has been badly damaged during WW2 and was reconstructed in the 1950’s.
Today the central district of West-Berlin is one of Berlin´s most popular places. It is a very international district with a high living standard. Even though it might not be the hippest part of the city, Charlottenburg has excellent schools and friendly, international neighborhoods to offer.
Property prices in Berlin Charlottenburg
In a 12-month period, the asking prices for apartments in Berlin-Charlottenburg, as of August 2018, rose by approx. 15.5 percent. The average price per square metre for apartments in Charlottenburg is around EUR 4,750. Top floors and penthouse units are offered at significantly higher prices. Compared to the previous year, more apartments will be offered in Charlottenburg in 2018.
Charlottenburg: Price segments apartments
The lower price segment up to EUR 2,000/sqm living space has disappeared within 10 years. The medium price segment, from EUR 2,000 to EUR 4,000/sqm living space, is under pressure as well. After a peak in 2015, the number of apartments being offered is steadily decreasing.
Apartment buildings Charlottenburg
A 12-month comparison of apartment buildings in Charlottenburg shows strong price increases with a bigger supply than in the previous year, as of 08/2018. The average offer price for apartment buildings in Charlottenburg as of 08/2018 is around EUR 3,350/sqm of living space. This corresponds to a price increase of about 30 percent over the previous year. The districts of Gierkeplatz and Mierendorff Insel are subject to a conservation statute.
Migration flows within Berlin
On an overall balance, Charlottenburg, as of 2016, gains the most inhabitants from Moabit in terms of internal migrations and loses most of its population to Spandau. With Wilmersdorf there is a lively, mutually balanced exchange of population. Click on the legend to show and hide values. Move the mouse over the bars to see the number of migrations.
Austrians love Charlottenburg
In the table below we take a look at migration flows between the member states of the European Union and Charlottenburg in 2017. Charlottenburg is a popular residence for Austrians. Slightly more than 20 percent of the 2017 arrivals from the Alpine Republic to Berlin registered their residence in Charlottenburg. With a total of almost 1300 Austrians in Charlottenburg, this represents an increase of over 36 percent. In second place are new arrivals from Poland. The South-Eastern European representatives Romania and Bulgaria rank in the follow-on positions.
You can sort the table by clicking on the relevant row.
Migration flows European Union 2017
|Denmark and Faroe Islands||46||34||12|
From basic to good areas
The population with the highest net income in Berlin Charlottenburg lives in the quarters between Havelchaussee and Messe Berlin (Exhibition Center Berlin). Mansions from the 1930s, twin houses from the 1950s and many new buildings are located around here.
The comparatively high rental prices between northern Kurfürstendamm around Adenauer Platz and southern Kantstraße can be explained with the high net income of the population. Same goes for the area from the east of Savignyplatz and the west of Berlin Zoo.
Another beautiful quarter with fantastic historic mansions is located around northeast Westend. Simpler apartments, which were built during the postwar period, can be rented for comparatively low rental prices in the northern part of the district. The average size of apartments in this area is 56 sqm.
Population and leisure in Charlottenburg
Charlottenburg has a fantastic local structure in terms of recreational areas. Teufelsberg, the baroque „Schlossgarten“, the Lietzenseepark and the cosy garden memorials close to the Savigny Square are just a few of them.
The district is home to a mixture of long-time residents and “New-Berliners” at the same time. With original Berliner pubs and restaurant the neighborhood at Klausernplatz is considered as the classic-old Berlin. Many fancy restaurants, bars and pubs from normal to high-end pricing can be found around Savignyplatz and Kurfürstendamm. If one wants to experience some culture this area also offers many options for example jazz locations such as “Quasimodo” and “A-Trane”.
The total population of Charlottenburg is approximately 190.000 (2017). The quarter of Reichstraße, which reaches from Theodor-Heuss-Platz to Spandauer Damm holds 14.300 residents making it the most populated quarter of the district. Residents enjoy a variety of shopping opportunities and a well-developed industrial infrastructure with many employers.
The quarter around Auerburger Allee shows the longest-lasting occupancy rate registered in Charlottenburg. More than half of the residents have been living in the same housing unit for over 10 years. At the same time the proportion of children between 0 and 15 years is relatively low with only 6,12% (average in Charlottenburg: 11%).
Around Kranzallee the proportion of children under 16 years is pretty high at 14,86%.
The district offers a number of excellent schools and cultural facilities:
• 23 elementary schools
• 8 integrated secondary schools
• 9 high schools
• 4 schools with focus on special needs education
• options to actively participate in a parliament for children and teenagers