Konohana-Ku Apartment average value

Price 338,000 JPY/sq.m
- Age 18.9 years old
- Dist. from Sta. 6.2 min walk
- Property area 64.2 sq.m

The average price of Osaka-Shi Konohana-Ku Apartment, in 2020 was 376,141 JPY/sq.m. The market value represents an increase of 42,474 JPY (+12.7%) 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 small size for a single person households less than 30 sq.m, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 29.5% of total transactions in 2019 and 23.1% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.1 min in 2019 and 7.6 min in 2020; +49.6%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 47.7% of total transactions in 2019 and 34.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.7% of total transactions in 2019 and 7.7% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Konohana-Ku were calculated using data on the sales of 484 properties provided by the MLIT Japan.

Konohana-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
四貫島29,333,333 JPY440,897 JPY/sq.m24 件
伝法16,373,913 JPY270,557 JPY/sq.m97 件
島屋26,725,806 JPY361,150 JPY/sq.m126 件
春日出中11,300,000 JPY182,667 JPY/sq.m5 件
春日出南19,856,250 JPY284,280 JPY/sq.m16 件
梅香21,000,000 JPY331,188 JPY/sq.m7 件
西九条22,521,875 JPY480,617 JPY/sq.m90 件
酉島11,200,000 JPY170,176 JPY/sq.m71 件
高見11,608,333 JPY187,606 JPY/sq.m48 件

Konohana-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 New518,086 JPY/sq.m100 %
Residual Value (10 Years)410,240 JPY/sq.m79 %
Residual Value (20 Years)321,316 JPY/sq.m62 %
Residual Value (20 Years)251,314 JPY/sq.m49 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Konohana-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 Konohana-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 Konohana-Ku 梅香 (Osaka-Shi Chidoribashi 4.0 min walk)
14.0 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   300,000 JPY/sq.m

2. Osaka Osaka-Shi Konohana-Ku 伝法 (Osaka-Shi Dennpou 4.0 min walk)
14.3 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2008-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m

3. Osaka Osaka-Shi Konohana-Ku 伝法 (Osaka-Shi Dennpou 4.0 min walk)
14.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-09-01 00:00:00

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

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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 small size for a single person households less than 30 sq.m, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 29.5% of total transactions in 2019 and 23.1% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.1 min in 2019 and 7.6 min in 2020; +49.6%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 47.7% of total transactions in 2019 and 34.6% of total transactions in 2020)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 22.7% of total transactions in 2019 and 7.7% of total transactions in 2020)
The table below shows Apartment dealt in Osaka-Shi Konohana-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 Konohana-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
Yodogawa-Ku 新高 (257) [Area]20,000,000340,000 JPY/sq.m20.8 yrs7 min60 sq.m
Higashinari-Ku 中本 (145) [Area]19,000,000342,857 JPY/sq.m21.5 yrs6 min60 sq.m
Tsurumi-Ku 横堤 (145) [Area]22,000,000344,231 JPY/sq.m21.3 yrs7 min65 sq.m
Joto-Ku 新喜多東 (101) [Area]25,000,000350,000 JPY/sq.m19.5 yrs7 min67 sq.m
Nishiyodogawa-Ku 御幣島 (126) [Area]22,000,000356,923 JPY/sq.m18.0 yrs5 min65 sq.m