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Abstract

The District of Meilen is a very attractive place to live. In the last 3 years, the number of residents has grown to 107,681, which amounts to a population increase of 2.17%.

Population data

The average income here is CHF 149,730.

A total of 32.99% of the population hold a university degree, 15.82% have completed higher vocational training, 37.63% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 13.56% of residents are currently enrolled in compulsory education.

Approximately 0.77% of the population is presently unemployed.

Taxes

The area has an overall tax percentage of 9.78%. The actual share of tax paid varies from person to person and is based on aspects such as current income, marital status, the total amount of deductions and so on.

A retired couple (over 65) pays an average of 12.92% tax, a couple with two children 6.07% and a couple without children 8.93%. The tax burden for a single person with no children is 13.78%.

Summary of the property market

New builds

In the past 5 years, the number of newly constructed apartments in the District of Meilen has increased consistently. A total of 2,425 new apartments have been built.

Of these new apartments, a total of 34 apartments have exactly one room to live in.

A total of 358 new 2-room apartments have additionally been created.

726 3-room apartments and 839 apartments with 4 rooms were also created.

Additionally, there are 289 5-room apartments and 179 apartments with 6 rooms or more available.

Housing stock

The new builds have contributed to an additional increase in the housing supply, and there are now 52,269 apartments in the District of Meilen.

The number of 1-room apartments in the total housing supply is 2,410.

Additionally, there are 5,866 apartments with 2 rooms, 12,071 apartments with 3 rooms and 15,553 apartments with 4 rooms.

Finally, the stock of 5-room properties includes 9,096 apartments, and there are also 7,273 large apartments with 6 rooms or more.

Unoccupied apartments

In the District of Meilen, there is a 0.86% vacancy rate for apartments.

Of this number, 1.54% of 1-room apartments,

0.79% of all 2-room apartments,

1.04% of the 3-room apartments,

0.85% of the apartments with 4 rooms

and 0.68% of apartments with 5 rooms are currently empty.

Apartments with more than 5 rooms have a vacancy rate of 0.68%; 0.68%% of this value refers to apartments with more than 6 rooms.

Housing market (rental only)

The average rent for properties in the region is CHF 1,990.

25% of the available rents are lower than or equal to a monthly rent of CHF 1,631 (25th percentile).

Finally, 75% of monthly rents are cheaper than CHF 2,498, or are equivalent to this amount.