Location analysis Bielefeld: Property prices and market forecast

Real estate investor – General property market information about Bielefeld

Real estate investor Bielefeld – E1 Holding | The probably most famous statement about Bielefeld is that this city does not exist at all. Behind this legend are various hypotheses as to why it is now assumed that the respectable city and the most important centre of East Westphalia would not exist.

Location analysis Bielefeld: Property prices and market forecast | One of them is that in the pioneering days of the Internet, the universities in Germany used different providers, all of which were visible in a kind of common chat. Since the relatively well-known University of Bielefeld was not represented, the statement that Bielefeld did not exist became established. The riddle can be solved, Bielefeld does exist. Sights of the city are numerous churches but also secular buildings of numerous epochs.

Real estate investor Bielefeld – E1 Holding | Residents Key figures Bielefeld

Real estate investor – Bielefeld has 333,451 inhabitants living on an area of 258.82 km². This means that 1,288 inhabitants live on one km².

The growth of the city is currently remarkable with 2.56% compared to the previous year. Bielefeld, which is located in the eastern part of the federal state of North Rhine-Westphalia, first became a major city in 1930.

Infrastructure Bielefeld

Location analysis Bielefeld: Property prices and market forecast | Bielefeld is strategically located on the A2 motorway, making it easy to reach Amsterdam to the west and Hanover to the east. The north-west axis is also easy to reach in the Hannover region.

The A33 is partly still under construction and in the planning stage. It is intended to connect the region with the Netherlands/ Northwest Germany on the one hand, but also with the federal states of Saxony and Thuringia on the other.

Economy & Unemployment Rate Bielefeld

Location analysis Bielefeld: Property prices and market forecast | Bielefeld is on the one hand an internationally renowned university location, but the food industry, metal processing, mechanical engineering, chemical and clothing industries are also important economic factors. In August 2018, the unemployment rate was 7.0%, roughly in the National average.

Real estate and investors Key figures Bielefeld

Real estate investor Bielefeld – E1 Holding | Basic real estate data

Real estate investor – top residential locations in Bielefeld are Buschkamp and Dornberg (Hoberge-Uerentrup). At 0.38%, the vacancy rate in 2017 was remarkably low. In order to rent an apartment, you have to pay 7.36€ for one m² in Bielefeld at the moment.

Building and housing statistics

Location analysis Bielefeld: Property prices and market forecast | There are a total of 61,932 buildings with residential space in Bielefeld. Of these, 59,747 are residential buildings, not including dormitories. There are a total of 59,747 residential buildings, not counting dormitories. In 1987, other buildings still contain living space without counting dormitories.

Finally, there are 184 dormitories and 14 other accommodation buildings that are occupied.

Data on residential buildings in Bielefeld

Location analysis Bielefeld: Property prices and market forecast | 2281 residential buildings in Bielefeld are divided into condominiums, which is 9.86% of all residential buildings. 2130.00 of all apartments are owned by the municipality or municipal housing companies. This corresponds to a share of 3.57% of all apartments, 9.46% of all residential buildings in Bielefeld were built in 1919. In the period between 1950 and 1969 32.24%. In 2000 or later 9.75% of all buildings built before 1919 9.75% of all buildings were built.

Data on single family houses in Bielefeld

There are 29,921 single-family houses in Bielefeld, which makes up about 50.08 % of all residential buildings. There are 14,642 freestanding buildings, which in turn makes up 24.51 % of all residential buildings.

Investment in real estate: forecast for Bielefeld

Real estate investor Bielefeld – E1 Holding | Investing in real estate in Bielefeld is a stable business. The expansion of the university as well as innovations of the local commercial enterprises ensure that many, especially young people will continue to be attracted to the city on the edge of the Teutoburg Forest. But more than that: the whole region of East Westphalia-Lippe is very dynamic and innovative. In the long term, the city of Bielefeld itself, as the centre, will also benefit from this.

Evaluation real estate market – Bielefeld

A positive development of the real estate market in Bielefeld is ensured. Not only due to the growth of the city itself, but also due to the positive developments in the region, the demand for real estate in Bielefeld can be expected to continue to rise, and thus also to yield pleasing returns.

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