Higashinari-Ku Apartment average value

Price 519,886 JPY/sq.m
- Age 16.2 years old
- Dist. from Sta. 4.6 min walk
- Property area 46.0 sq.m

The average price of Osaka-Shi Higashinari-Ku Apartment, in 2020 was 503,334 JPY/sq.m. The market value represents an increase of 30,522 JPY (+6.5%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 19.8% of total transactions in 2019 and 27.1% of total transactions in 2020)
  • An increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 31.0% of total transactions in 2019 and 35.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.6% of total transactions in 2019 and 14.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Higashinari-Ku were calculated using data on the sales of 900 properties provided by the MLIT Japan.

Higashinari-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中本20,862,500 JPY363,214 JPY/sq.m145 件
中道17,832,787 JPY606,814 JPY/sq.m160 件
大今里19,368,254 JPY432,242 JPY/sq.m183 件
大今里南19,354,546 JPY406,159 JPY/sq.m93 件
大今里西18,788,462 JPY475,691 JPY/sq.m83 件
東中本12,132,553 JPY376,827 JPY/sq.m47 件
東今里15,350,000 JPY259,062 JPY/sq.m15 件
東小橋21,860,465 JPY760,993 JPY/sq.m100 件
深江北17,179,487 JPY638,644 JPY/sq.m91 件
深江南19,125,000 JPY349,272 JPY/sq.m56 件
玉津17,782,090 JPY365,611 JPY/sq.m67 件
神路26,444,444 JPY404,355 JPY/sq.m36 件

Higashinari-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 New860,939 JPY/sq.m100 %
Residual Value (10 Years)561,696 JPY/sq.m65 %
Residual Value (20 Years)361,521 JPY/sq.m42 %
Residual Value (20 Years)260,414 JPY/sq.m30 %
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 Higashinari-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 Higashinari-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. Osaka Osaka-Shi Higashinari-Ku 東小橋 (Osaka-Shi Tamatsukuri 4.0 min walk)
14.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   316,667 JPY/sq.m

2. Osaka Osaka-Shi Higashinari-Ku 大今里西 (Osaka-Shi Imazato 4.0 min walk)
15.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-03-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m

3. Osaka Osaka-Shi Higashinari-Ku 大今里南 (Osaka-Shi Imazato 4.0 min walk)
15.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   31,000,000 JPY,    Unit price:   476,923 JPY/sq.m

4. Osaka Osaka-Shi Higashinari-Ku 東小橋 (Osaka-Shi Tamatsukuri 4.0 min walk)
16.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   266,667 JPY/sq.m

5. Osaka Osaka-Shi Higashinari-Ku 東小橋 (Osaka-Shi Tamatsukuri 4.0 min walk)
13.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   36,000,000 JPY,    Unit price:   553,846 JPY/sq.m

6. Osaka Osaka-Shi Higashinari-Ku 中道 (Osaka-Shi Morinomiya 4.0 min walk)
16.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   250,000 JPY/sq.m

7. Osaka Osaka-Shi Higashinari-Ku 大今里南 (Osaka-Shi Imazato 4.0 min walk)
16.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   461,538 JPY/sq.m

8. Osaka Osaka-Shi Higashinari-Ku 東小橋 (Osaka-Shi Tamatsukuri 4.0 min walk)
17.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2018-03-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   400,000 JPY/sq.m

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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 nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 19.8% of total transactions in 2019 and 27.1% of total transactions in 2020)
  • An increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 31.0% of total transactions in 2019 and 35.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.6% of total transactions in 2019 and 14.6% of total transactions in 2020)
The table below shows Apartment dealt in Osaka-Shi Higashinari-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 Higashinari-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
Chuo-Ku 高津 (179) [Area]23,500,000542,857 JPY/sq.m14.3 yrs4 min47 sq.m
Osaka-Shi Nishi-Ku (3,465) [Area]20,000,000560,000 JPY/sq.m15.3 yrs5 min50 sq.m
Kita-Ku 曾根崎 (29) [Area]30,000,000563,636 JPY/sq.m14.8 yrs4 min55 sq.m
Osaka-Shi (41,081) [Area]19,000,000471,429 JPY/sq.m18.5 yrs5 min55 sq.m
Osaka-Shi Fukushima-Ku (1,889) [Area]21,000,000585,714 JPY/sq.m15.5 yrs5 min55 sq.m