The district of Wilmersdorf is part of the Charlottenburg-Wilmersdorf district and is located in the west of the German capital. Although the district is elegant and bourgeois, you will look in vain for any form of stuffiness here. The residential areas are exclusive and conservative, which is much appreciated by investors and residents. The Wilmersdorf district can be divided into different residential areas. While Grunewald is mainly home to upscale neighbourhoods, Wilmersdorf’s city centre locations are characterized by popular theaters and cafés.
From the 1920s onwards, Berlin’s artists and intellectuals were drawn to this district in the west of the German capital. Berlin’s bohemians were very fond of the posh district in Grunewald and the theaters were frequented every spare second. People met in the cafés to have interesting conversations and enjoy Berlin’s cultural scene. This artistic upswing was brought to an abrupt end by the Nazis, as many residents were forced into exile due to their Jewish origins or political views.
Today, the Wilmersdorf district of Berlin is a very good area. Some embassies are in exclusive locations in the direct neighborhood of their ambassadors. The properties in Wilmersdorf are elegant and have great potential. In recent years, embassies, cultural institutions and scientific institutions have settled in beautiful locations in Wilmersdorf.
The location of the Wilmersdorf district in Berlin
Purchase price trends for real estate in Wilmersdorf
If you want to buy a property in Wilmersdorf in Berlin, you have to be prepared for higher prices. The elegant residential locations increase the value of the properties and there has been a significant rise in prices for condominiums and houses in recent months. Find out here how prices per square meter in Berlin Wilmersdorf are actually developing and what distinguishes condominiums and houses.
How much does a condominium in Wilmersdorf cost?
Average sales prices for apartments in the Wilmersdorf district of Berlin were € 5,594.01/m2 in the second quarter of 2023. Apartments were therefore sold in Berlin Wilmersdorf with a price increase of 31% compared to the second quarter of 2019.
There are, of course, properties that change hands for a significantly higher price. The most expensive condominium in Berlin Wilmersdorf was sold for €11,126/m2 in the second quarter of 2023, while the cheapest property changed hands for €4,890/m2 per square meter. If you want to buy an apartment in Berlin Wilmersdorf, you will pay significantly less than in Berlin-Mitte and about the same as in Charlottenburg, Prenzlauer Berg or Kreuzberg.
How much does a house in Wilmersdorf cost?
Single-family homes in Wilmersdorf are mainly located in exclusive residential areas. Their average purchase price in the second quarter of 2023 was €5,449.34/m2, 7.6% lower than in the second quarter of last year. If you want to buy a house in Berlin Wilmersdorf, you will pay roughly the same as in Charlottenburg or Pankow. In the Schmargendorf district of Wilmersdorf, prices are significantly higher. On average, buyers have to put €9,826/m2 on the table to buy a house in this exclusive residential area.
The most expensive price was € 10,348/m2 and the lowest was € 3,483/m2, which is still significantly higher than locations such as Köpenick, Lichtenberg or Alt-Hohenschönhausen. After prices per square meter rose significantly at the beginning of 2022, stagnation was observed in the second, third and fourth quarters until prices fell in the course of 2023.
Rental prices in Wilmersdorf
For houses, the prices per square meter for rents are usually slightly below the average for apartments. On the other hand, most single-family homes have a higher number of square meters. This is different in Wilmersdorf, as the apartment buildings are located in very upmarket areas and therefore command higher rents. Find out how the rent index in Berlin Wilmersdorf has developed in 2022 and what forecasts can be made here:
What is the average rent for an apartment in Wilmersdorf?
A rental apartment in Berlin Wilmersdorf will cost an average of € 14.94/m2 in the second quarter of 2023. This represents a price increase of 17.2% since the second quarter of the previous year. However, prices stagnated in the last quarter of 2022. Rental prices for apartments fell by 0.3 percent.
The most expensive apartment was rented for €27.79/m2 in Berlin Wilmersdorf in the second quarter of 2023, while the cheapest apartment could be rented for €13.27/m2. Apartments in Wilmersdorf are spacious and mostly located in renovated old buildings from the Wilhelminian era. The exclusive location contributes to the high prices and the average rents are comparable to residential areas such as Prenzlauer Berg, Friedrichshain and Tiergarten.
What is the average rent for a house in Wilmersdorf
Houses in Berlin Wilmersdorf will be rented at an average price of € 16.12/m2 in the second quarter of 2023. Of course, there are also properties that achieve a significantly higher rental price. The most expensive house could be rented for €23.98/m2, while the cheapest offer came onto the market at a price of €14.97/m2.
Rents for houses in the Wilmersdorf district have developed differently to rents for apartments in recent months. While the rent index for apartments stagnated in the last quarter of last year, the rent index for houses rose sharply. In the second quarter of 2019, average rents for houses in Wilmersdorf were €11.86/m2, in the second quarter of 2023 it was €16.12/m2. This represents a price increase of 36% within four years.
Wilmersdorf districts, residential areas and settlements
Wilmersdorf in Berlin is part of the Charlottenburg-Wilmersdorf district and was an independent district until the reform in 2001. The district is made up of the neighborhoods of Wilmersdorf, Schmargendorf, Grunewald and Halensee and is now very popular with ambassadors and other diplomats. The district of Berlin Wilmersdorf is considered a good area and is located in the southwest of the German capital. It is centrally located and can be easily reached by both public and private transportation.
You can find out here what residential areas the district has to offer and what distinguishes the estates.
Wilmersdorf district
The Wilmersdorf district of Berlin is known for its elegant, classic old buildings. However, in addition to renovated residential buildings from the Wilhelminian era, newer buildings also adorn the streets. Wilmersdorf is bordered to the north by Kurfürstendamm. The eastern part of the district extends as far as the Bavarian Quarter, which is located in the Schöneberg district. In the west, the city highway is a border and in the south, only the Rheingauviertel, which also belongs to Wilmersdorf, extends beyond the city highway.
The Rheingauviertel is located on Rüdesheimer Platz and is designed in the English country house style. The houses have many turrets and gables, the front gardens are planted with flowers and old trees line the streets. The subway station is reminiscent of a cathedral and exudes the aroma of bygone times, which were characterized by magnificent buildings. The Schrammblock, which is located along Hildegardstraße, also looks lavish. The building dates back to the 1920s and enchants residents and passers-by with pretty front gardens, courtyard terraces and generously proportioned apartments.
The traffic on Bundesplatz is deafening. But that doesn’t make the residential buildings in Berlin Wilmersdorf any less magnificent. They exude typical Berlin charm and are home to beautiful apartments as well as several bilingual daycare centers and kindergartens. The Volkspark Wilmersdorf is well known to the residents of the district and runs as a wide strip through the entire neighborhood. The landscaped park with its sunbathing lawns, sports facilities, walking paths and playgrounds attracts many families on warm summer weekends. Berlin is a city characterized by numerous canals, lakes and, of course, the Spree. To the west of Volkspark Wilmersdorf is the Fennsee, which has a beautiful lakeside path.
In Sigmaringer Strasse and Fechnerstrasse there are some very interesting condominiums that are of great interest to investors due to their excellent properties.
Schmargendorf district
Walking through the streets of the Schmargendorf district, you get the feeling that you have landed in a different city. A small town in the middle of the metropolis, characterized by low-rise detached houses and rented apartments. To the east and west of Clayallee towards Grunewald, the image of the district changes. The streets are lined with magnificent villas and have an old stock of trees.
The main artery of Schmargendorf is undoubtedly Breite Straße, which is home to cafés, snack bars and various stores. The district’s town hall is one of the most impressive buildings in Berlin. It has a floor area of around 900 m2 and was built around the turn of the 20th century. Its stepped gables, glass mosaics, turrets and brick façade make it a real eye-catcher.
But Schmargendorf also has other historic buildings in its repertoire. The old village church dates back to the 13th century and is still well preserved today. The adjoining cemetery has old trees and invites you to take a stroll.
Grunewald district
The Grunewald district in Wilmersdorf is home to some of the most magnificent villas in the German capital. In the 1920s, numerous entrepreneurs, stars and politicians lived in Grunewald. Society changed during the Second World War, as many artists and other important people had to leave the area due to their political views or religious background.
In addition to villas, Grunewald also has apartment buildings, embassies and large landscaped gardens. The district was named after the Grunewald forest, which is located west of the highway and consists mainly of pine trees. Its border is the Havel to the west. The Schlosshotel Grunewald is located there and is extremely popular with visitors. Teufelsberg, Teufelssee and the Grunewald Tower are popular excursion destinations that are visited by Berliners and tourists alike at weekends.
If you want to go swimming or are looking for beautiful water landscapes, you will be drawn to Lake Diana or Hundekehlesee.
Halensee district
Together with the Hansaviertel, the Halensee district is one of the smallest districts in Berlin. It was created in the early 1900s and is primarily characterized by apartment buildings and villas. During the Second World War, bombs tore large holes in the cityscape. The gaps were largely filled with social housing.
Westfälische Strasse and Kurfürstendamm are the main shopping streets for Halensee residents. One advantage of the district is its excellent connections to other districts. There are several public transportation stops and the access roads to the Funkturm freeway junction and Grunewald forest mean that the district is also very easy to reach by private vehicle.
Milieu protection areas in Wilmersdorf
The district of Charlottenburg-Wilmersdorf comprises a total of seven milieu protection areas. Six of them are in Charlottenburg, one in Wilmersdorf. It covers the region around Karl-August-Platz. In November 2022, it was decided to designate two new areas in the Wilmersdorf district as milieu protection areas as well. These are the residential areas of Brabanter Platz and Wilmersdorf West.
You can find out what a milieu protection area is and what conditions it offers for the owners of apartments and houses in our article on milieu protection areas in Berlin.
Conclusion - Investment in an exclusive residential location
Wilmersdorf is one of the most exclusive residential areas in Berlin. You are close to extensive natural areas, such as Grunewald forest, but at the same time live in the center of Berlin. The German capital is known for its enchanting water landscapes, and Wilmersdorf is no exception. The residents of the district live in villas and apartment buildings. The façades show the splendor and lavishness of times long past. The real estate market in Wilmersdorf is developing just as strongly as in other residential areas of Berlin. Purchase and rental prices are above the average for Berlin as a whole and are comparable with districts such as Friedrichshain, Berlin Mitte, Kreuzberg or Charlottenburg. Partly cobbled streets and old trees complete the impression of a classy residential area.
How it is to live in Wilmersdorf, how good the medical care is, how many schools there are and which parties the residents vote for – all these questions are answered in our article on the district of Wilmersdorf with the topics of infrastructure, demographics, leisure facilities & more.
