Rent or buy? Prices for real estate in Hoheluft-West

Detached house or semi-detached house in Hoheluft-West, when is the capital investment wise? Here in Hamburg and Hoheluft-West is constantly something going on, that does not surprise from Rahlstedt to Harburg, counts the German Hanseatic city to the metropolises of the world, into which it draws thousands of new citizens. Many schools, shops for all desires and multicultural life and living. Homeowners face many basic questions such as how much does it cost to build a house in Hoheluft-West or what is a safe investment? How exactly do you sell your property, what do you need to know? Our checklist for the sale and purchase. Prices for new construction and old building real estate Hamburg.

Statistics in Hoheluft-West

Source: Statistical Office North

Distributed among 9,005 households. On average, 1.5 people live in each household. There are 8,022 apartments that are privately owned or occupied by tenants in Hoheluft-West. 1874 people moved to another city last year, 1,895 moved to Hoheluft-West. A regular apartment has 39.6 sqm².

Population in Hoheluft-West

  • Population: 13,438
  • Under 18s: 1,674
  • Share of under 18-year-olds in %: 12.5
  • 65 years and older: 1,852
  • Proportion of 65-year-olds and older in %: 13.8
  • Foreigners: 1,478
  • Proportion of foreigners in %: 11
  • Population with migration background: 2,907
  • Proportion of population with migration background in %: 21,6
  • Under 18s with migration background: 474
  • Proportion of under 18s with migration background in %: 28,4
  • Households: 9,005
  • Persons per household: 1.5
  • One-person households: 5,949
  • Share of single-person households in %: 66.1
  • Households with children: 1,181
  • Proportion of households with children in %: 13.1
  • Single parents: 278
  • Proportion of single parent households in %: 23,5
  • Area in km²: 0,7
  • Population density: 18,676

Population movement

  • Births: 171
  • Deaths: 98
  • Arrivals: 1,895
  • Departures: 1874
  • Net migration: 21

Social structure

  • Employees subject to social insurance contributions: 6,511
  • Employment rate in %: 64,3
  • Unemployed: 299
  • Unemployment rate in %: 3
  • Younger unemployed: 13
  • Unemployment rate of younger people in %: 1,2
  • Older unemployed: 65
  • Unemployment rate of older people in %: 4,9
  • Benefit recipients according to SGB II: 331
  • Share of benefit recipients according to SGB II in %: 2,5
  • Under 15-year-olds in minimum security: 44
  • Proportion of under 15-year-olds in minimum security in %: 3
  • Need communities according to SGB II: 260
  • Basic income support for the 65 and older age group: 102
  • In % of the 65-year-olds and older: 5.5

Living

  • Residential buildings: 803
  • Apartments: 8,022
  • Apartments ready for occupancy: 4
  • Flats in detached and semi-detached houses: 108
  • Proportion of flats in detached and semi-detached houses in %: 1.3
  • Size of dwelling in m²: 66,4
  • Living space per inhabitant in m²: 39.6
  • Social housing: 12
  • Share of social housing in %: 0,1
  • Social housing with expiry date until 2024: –
  • Social housing with expiry of commitment until 2024 in %: –
  • Prices for land in EUR/m²: 2,124
  • Prices for one- and two-family houses in EUR/m²: –
  • Prices for owner-occupied apartments in EUR/m²: 5,807

Traffic

  • Kindergartens and preschool classes (March 2019): 9
  • Primary schools (2018/2019): 1
  • Pupils in lower secondary schools (2018/2019): 430
  • Proportion of pupils in district schools in % (2018/2019): 24.4
  • Proportion of pupils in grammar schools in % (2018/2019): 71.6
  • Physicians in private practice: 27
  • General practitioners: 7
  • Dentists: 11
  • Pharmacies: 3
  • Private cars: 3,613
  • Car density: 269
  • Electric cars : 9

Source: Statistical Office North

Reader tip: Banks and equity

Eigenkapital und Kapitalanlage

What are the costs of buying a house? All answers lenders and banks

Buying and building in Hamburg

Discover even more exciting facts and figures real estate in Hamburg.

Current = as of today
Increase = until 2035
Difference = increase until 2035 in Euro

New building in Hamburg

Apartment Price in €/m²

PriceCurrentlyIncreaseDifference
from2.500,003.124,75624,75
up to10.500,0013.123,952.623,95
Cut4.100,005.124,591.024,59

Buying in Hamburg

Condominium Purchase price Euro per m²

PriceTodayIncreaseNet growth
from1.300,001.624,87324,87
to12.000,0014.998,802.998,80
Cut3.300,004.124,67824,67

Urban development in Hamburg’s centre and suburbs

Hamburg environment

Population development in the surrounding area:

Householdstoday2035Difference
1742.280796.59354.313
2615.549651.75836.209
3217.253181.044-36.209
4162.939144.835-18.104
more than 554.31352.503-1.810

Statistics: Federal Statistical OfficeData source

: empirica / LBS Research

Already knew, whether Eißendorf, Sasel or Sinstorf. Here you can find current property prices for buying in Hamburg.

Our Hamburg Skyline