Han'Nan-Shi Apartment average value

Price 122,227 JPY/sq.m
- Age 22.9 years old
- Dist. from Sta. 5.4 min walk
- Property area 67.9 sq.m

The average price of Osaka Han'Nan-Shi Apartment, in 2020 was 87,367 JPY/sq.m. The market value represents a decrease of 9,517 JPY (-9.8%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 80.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 28.8 years old in 2019 and 39.4 years old in 2020; +36.7%)
  • An increase in average distance from the station (representing 4.5 min in 2019 and 5.2 min in 2020; +16.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 20.0% of total transactions in 2019 and 50.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Han'Nan-Shi were calculated using data on the sales of 58 properties provided by the MLIT Japan.

Han'Nan-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
下出2,275,000 JPY36,891 JPY/sq.m8 件
尾崎町7,557,143 JPY129,264 JPY/sq.m7 件
貝掛2,200,000 JPY42,735 JPY/sq.m5 件
鳥取6,925,000 JPY104,538 JPY/sq.m12 件
鳥取中3,700,000 JPY65,707 JPY/sq.m3 件
黒田13,076,923 JPY170,041 JPY/sq.m26 件

Han'Nan-Shi 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 New152,790 JPY/sq.m100 %
Residual Value (10 Years)154,212 JPY/sq.m101 %
Residual Value (20 Years)143,017 JPY/sq.m94 %
Residual Value (20 Years)119,206 JPY/sq.m78 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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




Calculate Han'Nan-Shi 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 Han'Nan-Shi 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. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 4.0 min walk)
20.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: SRC
- Trading date: 2018-06-01 00:00:00

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

2. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 4.0 min walk)
20.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

3. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
18.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

4. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   146,667 JPY/sq.m

5. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
17.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

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

6. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
22.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 JPY/sq.m

7. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
22.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   212,500 JPY/sq.m

8. Osaka Han'Nan-Shi 黒田 (Han'Nan-Shi Ozaki 5.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

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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 older buildings over 40 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 80.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 28.8 years old in 2019 and 39.4 years old in 2020; +36.7%)
  • An increase in average distance from the station (representing 4.5 min in 2019 and 5.2 min in 2020; +16.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 20.0% of total transactions in 2019 and 50.0% of total transactions in 2020)
The table below shows Apartment dealt in Osaka Han'Nan-Shi, 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 Han'Nan-Shi

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
Tadaoka-Cho 忠岡東 (6) [Area]7,450,000114,616 JPY/sq.m22.0 yrs6 min65 sq.m
Kaizuka-Shi 新町 (14) [Area]8,800,000130,550 JPY/sq.m23.8 yrs5 min65 sq.m
Kishiwada-Shi 額原町 (13) [Area]8,700,000130,769 JPY/sq.m21.0 yrs6 min65 sq.m
Nishi-Ku 鶴田町 (2) [Area]7,500,000131,666 JPY/sq.m19.3 yrs6 min55 sq.m
JR Hanwa Line Izumihashimoto (38) [Stations]9,650,000134,359 JPY/sq.m22.0 yrs6 min65 sq.m
Kintetsu Minami-Osaka Line Hajinosato (52) [Stations]8,000,000140,000 JPY/sq.m23.5 yrs6 min60 sq.m
Nankai Main Line Takojizou (44) [Stations]9,000,000142,564 JPY/sq.m22.8 yrs6 min65 sq.m
Other Mizuma Railway Line (256) [Stations]7,900,000100,000 JPY/sq.m26.5 yrs6 min75 sq.m