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Synopsis

The number of residents in Le Grand-Saconnex has risen to 12,607 in the past 3 years. This equates to a population increase of 2.7%.

Demographics

The average yearly income level is CHF 92,110.

32.52% of the population hold a university degree, 8.56% have a higher vocational education qualification, 34.89% of the population have a school-leaving certificate or finished a vocational apprenticeship and 24.03% of residents are completing compulsory schooling.

Around 1.71% of the population is currently unemployed.

Taxes

The tax burden in the area is 13.1%. Income, marital status and deductions are among the factors that influence the actual tax burden.

In Le Grand-Saconnex, the tax percentage for childless, single individuals is 20.39%. A married couple on a pension (over 65) pays an average of 16.52%, a couple with two children 7.64% and a couple with no children 12.54%%.

The overall property market

New builds

287 new apartments have been built in Le Grand-Saconnex over the last 5 years.

One-room apartments comprise 10 of the new builds – an excellent option for people living alone.

There are also a total of 68 new 2-room apartments.

What's more, 79 3-room apartments and 115 4-room apartments have been created.

14 5-room apartments and one 6+ room apartment were also newly constructed.

Housing stock

New builds have further increased the pool of available housing in the region, so that there are now a total of 5,277 apartments in Le Grand-Saconnex.

In terms of 1-room apartments, a total of 469 properties are on the market.

The total number of properties amounts to 856 apartments with 2 rooms, 1,471 apartments with 3 rooms and 1,407 apartments with 4 rooms.

Overall, there are 682 5-room apartments and 392 large apartments with at least 6 rooms.

Empty apartments

The rate of vacant apartments in Le Grand-Saconnex is 0.38%.

Of this total, 0.21% of 1-room apartments,

0.23% of apartments with 2 rooms,

0.41% of the apartments with 3 rooms,

0.36% of apartments with 4 rooms

and 0.59% of apartments with 5 rooms are presently unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 0.56%; of that number, 0.51% are apartments with more than 6 rooms.

Property market (letting only)

The average rent for flats in the area is CHF 2,080.

In terms of the available rents, a quarter of them are equivalent to or less than a monthly rent of CHF 1,664.

Monthly rents are below CHF 2,876 (75th percentile), or they are equal to this average price.