Suminoe-Ku Apartment average value

Price 13,976,303 JPY
  (205,665 JPY/sq.m)
- Age 28.3 years old
- Dist. from Sta. 5.6 min walk
- Property area 66.2 sq.m

The average price of a sq.m Apartment of Osaka-Shi Suminoe-Ku, in 2017 was 231,832 JPY/sq.m. The market value represents an increase of 32,676 JPY (+16.4%) compared to 1 year ago and a transition to a bull market. 25 properties exchanged hands ( The market value represents a decrease of 37 (-59.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.4 years old (a +1.2% increase compared to the 29.0 years old of last year.). The average size of the real estate was 67.2 sq.m (a +3.3% increase compared to the 65.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

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 21.0% of total transactions in 2016 and 36.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.5% of total transactions in 2016 and 20.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Suminoe-Ku were calculated using data on the sales of 930 properties provided by the MLIT Japan.

Suminoe-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price
南港中11,054,717 JPY153,972 JPY/sq.m
粉浜西7,739,130 JPY151,809 JPY/sq.m
新北島11,872,840 JPY182,942 JPY/sq.m
御崎16,550,000 JPY246,052 JPY/sq.m
北加賀屋10,158,730 JPY169,882 JPY/sq.m
南港北25,304,348 JPY325,160 JPY/sq.m
東加賀屋17,596,491 JPY277,527 JPY/sq.m
西加賀屋16,031,372 JPY237,582 JPY/sq.m
西住之江14,356,000 JPY212,601 JPY/sq.m
平林南11,064,286 JPY173,608 JPY/sq.m
浜口西13,200,000 JPY199,169 JPY/sq.m
粉浜11,032,258 JPY189,362 JPY/sq.m
中加賀屋15,105,882 JPY234,221 JPY/sq.m
南加賀屋19,100,000 JPY259,255 JPY/sq.m
緑木11,630,000 JPY178,923 JPY/sq.m
北島16,333,333 JPY210,866 JPY/sq.m
浜口東21,250,000 JPY321,245 JPY/sq.m

Apartment value Age transition

Market values (unit price: sq.m, m2) 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 New393,393 JPY/sq.m100 %
Residual Value (10 Years)315,867 JPY/sq.m80 %
Residual Value (20 Years)248,125 JPY/sq.m63 %
Residual Value (20 Years)190,168 JPY/sq.m48 %
Color:
Unit:   Touch:
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




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Calculate Suminoe-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 Osaka-Shi Suminoe-Ku Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

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

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Trading Data

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

Related sales({{similarlist.length}})

1. Osaka Osaka-Shi Suminoe-Ku 平林南Osaka-Shi Hirabayashi 5.0 min walk)
31.5 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-09-01T00:00:00Z
Trading price:   8,000,000 JPY,    Unit price:   133,333 JPY/sq.m
2. Osaka Osaka-Shi Suminoe-Ku 平林南Osaka-Shi Hirabayashi 5.0 min walk)
31.3 years old , Area: 60 sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2016-06-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   100,000 JPY/sq.m
3. Osaka Osaka-Shi Suminoe-Ku 平林南Osaka-Shi Hirabayashi 5.0 min walk)
31.8 years old , Area: 60 sq.m , Layout: 3DK , Structure: SRC
- Trading date: 2016-12-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   200,000 JPY/sq.m
4. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
30.5 years old , Area: 60 sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2012-09-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m
5. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnnishi 5.0 min walk)
30.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-09-01T00:00:00Z
Trading price:   9,300,000 JPY,    Unit price:   132,857 JPY/sq.m
6. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
32.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   15,000,000 JPY,    Unit price:   214,285 JPY/sq.m
7. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
32.5 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   9,800,000 JPY,    Unit price:   163,333 JPY/sq.m
8. Osaka Osaka-Shi Suminoe-Ku 緑木Osaka-Shi Kitakagaya 5.0 min walk)
30.3 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-06-01T00:00:00Z
Trading price:   9,500,000 JPY,    Unit price:   146,153 JPY/sq.m
9. Osaka Osaka-Shi Suminoe-Ku 緑木Osaka-Shi Kitakagaya 5.0 min walk)
32.8 years old , Area: 65 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2011-12-01T00:00:00Z
Trading price:   9,800,000 JPY,    Unit price:   150,769 JPY/sq.m
10. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
30.0 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2013-03-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   183,333 JPY/sq.m
11. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
30.0 years old , Area: 60 sq.m , Structure: SRC
- Trading date: 2010-03-01T00:00:00Z
Trading price:   7,000,000 JPY,    Unit price:   116,666 JPY/sq.m
12. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
30.0 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2010-03-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   171,428 JPY/sq.m
13. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
30.0 years old , Area: 60 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01T00:00:00Z
Trading price:   14,000,000 JPY,    Unit price:   233,333 JPY/sq.m
14. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnnishi 5.0 min walk)
29.8 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2009-12-01T00:00:00Z
Trading price:   7,500,000 JPY,    Unit price:   107,142 JPY/sq.m
15. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
33.3 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01T00:00:00Z
Trading price:   7,500,000 JPY,    Unit price:   125,000 JPY/sq.m
16. Osaka Osaka-Shi Suminoe-Ku 平林南Osaka-Shi Hirabayashi 5.0 min walk)
29.8 years old , Area: 60 sq.m , Layout: 1LDK , Structure: SRC
- Trading date: 2014-12-01T00:00:00Z
Trading price:   9,000,000 JPY,    Unit price:   150,000 JPY/sq.m
17. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
33.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-09-01T00:00:00Z
Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m
18. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
28.8 years old , Area: 70 sq.m , Layout: 3LD+S , Structure: SRC
- Trading date: 2009-12-01T00:00:00Z
Trading price:   8,600,000 JPY,    Unit price:   122,857 JPY/sq.m
19. Osaka Osaka-Shi Suminoe-Ku 西住之江Osaka-Shi Suminoe 5.0 min walk)
28.5 years old , Area: 70 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-09-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m
20. Osaka Osaka-Shi Suminoe-Ku 南港中Osaka-Shi Po-Totaunnhigashi 5.0 min walk)
34.5 years old , Area: 60 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   200,000 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
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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

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 21.0% of total transactions in 2016 and 36.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 14.5% of total transactions in 2016 and 20.0% of total transactions in 2017)
The table below shows Apartment dealt in Osaka-Shi Suminoe-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:

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    Area close to the price in Suminoe-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
    Sumiyoshi-Ku 清水丘 (44) [Area]12,000,000209,69223.0 yrs5 min60 sq.m
    Abeno-Ku 万代 (7) [Area]14,000,000200,00030.0 yrs5 min65 sq.m
    Joto-Ku 今福南 (11) [Area]13,000,000200,00027.8 yrs6 min65 sq.m
    Higashiyodogawa-Ku 下新庄 (86) [Area]13,000,000236,36332.0 yrs6 min60 sq.m
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