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Abstract
Unterengstringen is a very attractive residential area. In the past 3 years, the number of residents has grown to 4,119, which amounts to a population increase of 4.7%.
Demographics
On average, people earn CHF 101,380 annually.
Of the population, 19.65% have a university degree, 15.57% have completed higher vocational education, 48.75% have an SEK II qualification (school-leaving certificate or apprenticeship) and 16.09% of residents are currently completing compulsory schooling.
At the time of reporting, 1.02% of the population is unemployed.
Taxes
The rate of taxation in the region is 10.23%. Income, marital status and deductions are among the aspects that influence the actual tax burden.
In Unterengstringen, the tax percentage is 14.39% for a single person with no children. On average, a married couple on a pension (over 65) pay 13.48%, a married couple with two children 6.37% and a couple with no children 9.35%%.
The property market in general
New builds
139 new apartments have been built in Unterengstringen in the last 5 years.
A new 1-room apartment was added.
27 of the new builds are also 2-room apartments.
Additionally, 46 3-room apartments and 45 4-room apartments have been created.
In addition, 19 5-room apartments and one apartment with at least 6 rooms were added to the pool of local housing.
Housing stock
The new buildings are contributing to the continued growth of the region's housing stock, which totals 1,938 apartments in Unterengstringen.
A total of 69 1-room apartments are available on the housing market.
What's more, there are 206 apartments with 2 rooms, 501 apartments with 3 rooms and 678 apartments with a full 4 rooms.
Overall, there are 309 5-room apartments and 175 large apartments with a minimum of 6 rooms.
Vacant apartments
In Unterengstringen, 2.23% of apartments are unoccupied.
This means that 1.45% of the 1-room apartments,
4.39% of apartments with 2 rooms,
2.61% of the apartments with 3 rooms,
1.78% of apartments with 4 rooms
and 1.62% of 5-room apartments are empty.
The rate of vacancy is 1.66% for apartments with more than 5 rooms and 1.72% for apartments with more than 6 rooms.
Housing market (letting only)
Rents for rental properties are, on average, around CHF 1,990 per month.
25% of the rents on the market are lower than or equivalent to a monthly rent of CHF 1,640 (25th percentile).
Finally, 75% of monthly rents are cheaper than CHF 2,530, or are equal to this amount.
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