Minami-Ku Apartment average value

Price 206,589 JPY/sq.m
- Age 27.4 years old
- Dist. from Sta. 8.6 min walk
- Property area 70.2 sq.m

The average price of Aichi Nagoya-Shi Minami-Ku Apartment, in 2020 was 247,081 JPY/sq.m. The market value represents an increase of 24,519 JPY (+11.0%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.9% of total transactions in 2019 and 10.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 8.0% of total transactions in 2019 and 12.5% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Minami-Ku were calculated using data on the sales of 813 properties provided by the MLIT Japan.

Minami-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
三吉町6,053,846 JPY91,154 JPY/sq.m13 件
中割町12,220,000 JPY175,909 JPY/sq.m5 件
丹後通12,980,000 JPY182,952 JPY/sq.m5 件
元塩町4,517,647 JPY80,213 JPY/sq.m17 件
元柴田東町9,100,000 JPY134,161 JPY/sq.m7 件
元柴田西町10,250,000 JPY136,667 JPY/sq.m2 件
元桜田町14,500,000 JPY207,143 JPY/sq.m2 件
内田橋13,078,077 JPY198,802 JPY/sq.m26 件
北内町23,000,000 JPY255,556 JPY/sq.m2 件
北頭町10,068,750 JPY148,360 JPY/sq.m16 件
南野22,200,000 JPY231,789 JPY/sq.m5 件
呼続12,555,556 JPY185,718 JPY/sq.m36 件
呼続元町19,750,000 JPY272,424 JPY/sq.m4 件
城下町5,400,000 JPY93,939 JPY/sq.m2 件
堤町8,081,818 JPY120,152 JPY/sq.m11 件
堤起町12,550,000 JPY164,563 JPY/sq.m6 件
塩屋町16,000,000 JPY228,572 JPY/sq.m2 件
外山18,000,000 JPY244,344 JPY/sq.m2 件
大同町6,500,000 JPY134,526 JPY/sq.m7 件
大堀町21,077,778 JPY283,636 JPY/sq.m9 件
大磯通14,955,556 JPY210,329 JPY/sq.m9 件
寺部通6,583,333 JPY104,884 JPY/sq.m6 件
岩戸町11,000,000 JPY169,231 JPY/sq.m1 件
平子17,250,000 JPY270,522 JPY/sq.m10 件
弥次ヱ町12,838,889 JPY178,510 JPY/sq.m19 件
弥生町16,487,500 JPY226,440 JPY/sq.m16 件
忠次13,600,000 JPY203,487 JPY/sq.m5 件
戸部町5,700,000 JPY91,535 JPY/sq.m11 件
扇田町14,736,364 JPY191,927 JPY/sq.m11 件
明円町16,777,778 JPY223,637 JPY/sq.m9 件
明治12,704,762 JPY173,870 JPY/sq.m42 件
星崎10,891,667 JPY166,626 JPY/sq.m12 件
曽池町12,760,000 JPY181,551 JPY/sq.m5 件
本城町19,000,000 JPY223,529 JPY/sq.m1 件
本星崎町12,700,000 JPY191,966 JPY/sq.m9 件
東又兵ヱ町6,531,818 JPY102,916 JPY/sq.m22 件
松下町11,054,762 JPY155,126 JPY/sq.m42 件
柴田本通14,500,000 JPY192,857 JPY/sq.m2 件
柵下町15,020,000 JPY202,451 JPY/sq.m5 件
桜台28,500,000 JPY380,000 JPY/sq.m2 件
桜本町15,250,000 JPY234,615 JPY/sq.m4 件
楠町15,922,222 JPY209,509 JPY/sq.m9 件
氷室町15,100,000 JPY217,902 JPY/sq.m8 件
汐田町9,675,000 JPY151,523 JPY/sq.m4 件
浜田町18,375,000 JPY222,908 JPY/sq.m8 件
滝春町8,700,000 JPY115,353 JPY/sq.m6 件
白雲町13,500,000 JPY184,822 JPY/sq.m4 件
砂口町6,642,857 JPY94,246 JPY/sq.m7 件
神松町19,000,000 JPY223,611 JPY/sq.m2 件
笠寺町9,275,000 JPY138,297 JPY/sq.m4 件
粕畠町23,666,667 JPY305,200 JPY/sq.m6 件
芝町21,000,000 JPY263,492 JPY/sq.m2 件
若草町29,000,000 JPY322,222 JPY/sq.m1 件
菊住35,800,000 JPY439,307 JPY/sq.m10 件
西桜町10,950,000 JPY168,462 JPY/sq.m8 件
要町10,853,333 JPY166,368 JPY/sq.m15 件
10,450,943 JPY153,787 JPY/sq.m107 件
豊田15,622,353 JPY209,117 JPY/sq.m85 件
赤坪町16,962,500 JPY221,270 JPY/sq.m8 件
道徳北町13,500,000 JPY171,255 JPY/sq.m2 件
駈上13,417,143 JPY185,824 JPY/sq.m75 件
鯛取通25,625,000 JPY323,087 JPY/sq.m8 件
鳥栖21,000,000 JPY221,053 JPY/sq.m1 件
鳴尾2,300,000 JPY32,857 JPY/sq.m1 件
鳴浜町5,400,000 JPY98,182 JPY/sq.m2 件
鶴見通16,000,000 JPY214,256 JPY/sq.m4 件
鶴里町12,928,571 JPY197,758 JPY/sq.m7 件

Minami-Ku Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New550,558 JPY/sq.m100 %
Residual Value (10 Years)383,092 JPY/sq.m70 %
Residual Value (20 Years)258,229 JPY/sq.m47 %
Residual Value (20 Years)175,968 JPY/sq.m32 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Minami-Ku Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Minami-Ku Apartment that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Aichi Nagoya-Shi Minami-Ku 東又兵ヱ町 (Nagoya-Shi Kasadera 8.0 min walk)
28.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   57,143 JPY/sq.m

2. Aichi Nagoya-Shi Minami-Ku 松下町 (Nagoya-Shi Shibata 8.0 min walk)
28.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

3. Aichi Nagoya-Shi Minami-Ku 松下町 (Nagoya-Shi Shibata 8.0 min walk)
28.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   8,200,000 JPY,    Unit price:   117,143 JPY/sq.m

4. Aichi Nagoya-Shi Minami-Ku 駈上 (Nagoya-Shi Aratamabashi 8.0 min walk)
31.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   142,857 JPY/sq.m

5. Aichi Nagoya-Shi Minami-Ku 松下町 (Nagoya-Shi Shibata 8.0 min walk)
25.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.9% of total transactions in 2019 and 10.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 8.0% of total transactions in 2019 and 12.5% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi Minami-Ku, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Minami-Ku

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Atsuta-Ku 白鳥 (12) [Area]16,000,000206,666 JPY/sq.m22.8 yrs7 min70 sq.m
Nagoya-Shi Moriyama-Ku (1,033) [Area]14,000,000200,000 JPY/sq.m24.8 yrs10 min70 sq.m
Minami-Ku 扇田町 (11) [Area]14,000,000200,000 JPY/sq.m27.0 yrs7 min80 sq.m
Midori-Ku 鳴丘 (31) [Area]14,000,000200,000 JPY/sq.m22.8 yrs10 min75 sq.m
Nagoya Subway Tsurumai Line Shiogamaguchi (125) [Stations]15,000,000205,263 JPY/sq.m18.5 yrs9 min70 sq.m
Nagoya Subway Sakura-dori Line Nonami (480) [Stations]15,000,000200,000 JPY/sq.m24.3 yrs11 min70 sq.m
Nagoya Subway Sakura-dori Line Tsurusato (61) [Stations]16,000,000235,294 JPY/sq.m16.8 yrs7 min75 sq.m
Nagoya Subway Higashiyama Line Issha (365) [Stations]17,000,000236,364 JPY/sq.m32.5 yrs10 min70 sq.m
Nagoya Subway Meijo Line Jinnguunishi (45) [Stations]13,000,000176,471 JPY/sq.m27.0 yrs7 min70 sq.m