Miyakojima-Ku Apartment average value

Price 423,344 JPY/sq.m
- Age 23.9 years old
- Dist. from Sta. 8.8 min walk
- Property area 62.7 sq.m

The average price of Osaka-Shi Miyakojima-Ku Apartment, in 2020 was 435,075 JPY/sq.m. The market value represents a decrease of 6,546 JPY (-1.5%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a some increase in transactions involving size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.0% of total transactions in 2019 and 3.3% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.7% of total transactions in 2019 and 20.5% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 7.4% of total transactions in 2019 and 10.7% of total transactions in 2020)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 49.0% of total transactions in 2019 and 51.6% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Miyakojima-Ku were calculated using data on the sales of 2,114 properties provided by the MLIT Japan.

Miyakojima-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中野町28,953,086 JPY497,061 JPY/sq.m239 件
内代町17,185,714 JPY319,501 JPY/sq.m88 件
友渕町22,541,949 JPY315,752 JPY/sq.m843 件
善源寺町42,106,061 JPY556,546 JPY/sq.m164 件
大東町13,716,216 JPY189,260 JPY/sq.m37 件
御幸町22,888,889 JPY296,394 JPY/sq.m18 件
東野田町20,717,143 JPY571,519 JPY/sq.m104 件
毛馬町16,098,214 JPY223,250 JPY/sq.m56 件
片町17,775,676 JPY677,101 JPY/sq.m86 件
網島町19,868,571 JPY334,176 JPY/sq.m35 件
都島中通22,950,000 JPY495,110 JPY/sq.m40 件
都島北通22,285,417 JPY466,700 JPY/sq.m152 件
都島南通22,782,353 JPY362,486 JPY/sq.m177 件
都島本通9,900,000 JPY232,048 JPY/sq.m38 件
高倉町18,854,054 JPY295,774 JPY/sq.m37 件

Miyakojima-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 New788,939 JPY/sq.m100 %
Residual Value (10 Years)590,383 JPY/sq.m75 %
Residual Value (20 Years)436,168 JPY/sq.m55 %
Residual Value (20 Years)326,294 JPY/sq.m41 %
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 Miyakojima-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 Miyakojima-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 Miyakojima-Ku 大東町 (Osaka-Shi N/A 9.0 min walk)
26.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   253,333 JPY/sq.m

2. Osaka Osaka-Shi Miyakojima-Ku 中野町 (Osaka-Shi Kyoubashi 9.0 min walk)
26.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2006-12-01 00:00:00

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

3. Osaka Osaka-Shi Miyakojima-Ku 友渕町 (Osaka-Shi N/A 9.0 min walk)
27.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   333,333 JPY/sq.m

4. Osaka Osaka-Shi Miyakojima-Ku 中野町 (Osaka-Shi Kyoubashi 9.0 min walk)
27.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2007-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

5. Osaka Osaka-Shi Miyakojima-Ku 中野町 (Osaka-Shi Miyakojima 9.0 min walk)
27.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-06-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   400,000 JPY/sq.m

6. Osaka Osaka-Shi Miyakojima-Ku 都島南通 (Osaka-Shi Kyoubashi 9.0 min walk)
27.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2009-09-01 00:00:00

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

7. Osaka Osaka-Shi Miyakojima-Ku 都島南通 (Osaka-Shi Kyoubashi 9.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2006-03-01 00:00:00

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

8. Osaka Osaka-Shi Miyakojima-Ku 中野町 (Osaka-Shi Kyoubashi 9.0 min walk)
28.3 years old , Area: 65.0 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:   184,615 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 some increase in transactions involving size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.0% of total transactions in 2019 and 3.3% of total transactions in 2020)
  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.7% of total transactions in 2019 and 20.5% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 7.4% of total transactions in 2019 and 10.7% of total transactions in 2020)
  • A some increase in transactions involving relatively old buildings under 40 years old (representing 49.0% of total transactions in 2019 and 51.6% of total transactions in 2020)
The table below shows Apartment dealt in Osaka-Shi Miyakojima-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 Miyakojima-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
Tennoji-Ku 勝山 (90) [Area]32,000,000466,667 JPY/sq.m20.1 yrs9 min70 sq.m
Miyakojima-Ku 都島中通 (40) [Area]21,000,000378,022 JPY/sq.m25.9 yrs9 min65 sq.m
Joto-Ku 新喜多 (187) [Area]26,000,000369,231 JPY/sq.m20.0 yrs7 min65 sq.m
Fukushima-Ku 大開 (151) [Area]16,000,000369,231 JPY/sq.m19.8 yrs8 min50 sq.m