Tsurumi-Ku Apartment average value

Price 344,206 JPY/sq.m
- Age 22.9 years old
- Dist. from Sta. 7.5 min walk
- Property area 68.4 sq.m

The average price of Osaka-Shi Tsurumi-Ku Apartment, in 2020 was 356,881 JPY/sq.m. The market value represents an increase of 13,199 JPY (+3.8%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic decrease in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.1% of total transactions in 2019 and 29.8% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.9% of total transactions in 2019 and 8.5% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2019 and 48.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 2.8% of total transactions in 2019 and 2.1% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Tsurumi-Ku were calculated using data on the sales of 957 properties provided by the MLIT Japan.

Tsurumi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
中茶屋12,466,667 JPY194,786 JPY/sq.m6 件
今津中11,990,909 JPY198,123 JPY/sq.m102 件
今津北21,050,000 JPY327,546 JPY/sq.m65 件
今津南17,831,250 JPY254,642 JPY/sq.m48 件
安田10,356,000 JPY188,373 JPY/sq.m25 件
徳庵18,276,667 JPY284,077 JPY/sq.m18 件
放出東32,080,000 JPY435,674 JPY/sq.m108 件
横堤21,904,762 JPY338,644 JPY/sq.m145 件
27,918,182 JPY400,917 JPY/sq.m22 件
焼野20,000,000 JPY300,000 JPY/sq.m4 件
24,628,571 JPY368,742 JPY/sq.m35 件
諸口21,273,684 JPY331,879 JPY/sq.m125 件
鶴見30,138,462 JPY380,501 JPY/sq.m254 件

Tsurumi-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 New486,747 JPY/sq.m100 %
Residual Value (10 Years)427,884 JPY/sq.m88 %
Residual Value (20 Years)366,880 JPY/sq.m75 %
Residual Value (20 Years)303,733 JPY/sq.m62 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

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




Calculate Tsurumi-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 Tsurumi-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 Tsurumi-Ku 徳庵 (Osaka-Shi Tokuann 8.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

2. Osaka Osaka-Shi Tsurumi-Ku 徳庵 (Osaka-Shi Tokuann 8.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   323,077 JPY/sq.m

3. Osaka Osaka-Shi Tsurumi-Ku 横堤 (Osaka-Shi Yokodutsumi 8.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2005-12-01 00:00:00

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

4. Osaka Osaka-Shi Tsurumi-Ku 今津北 (Osaka-Shi Tokuann 8.0 min walk)
23.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-03-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 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 dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station, as well as a dramatic decrease in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.1% of total transactions in 2019 and 29.8% of total transactions in 2020)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.9% of total transactions in 2019 and 8.5% of total transactions in 2020)

Causes of price decreases

  • An increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2019 and 48.9% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 2.8% of total transactions in 2019 and 2.1% of total transactions in 2020)
The table below shows Apartment dealt in Osaka-Shi Tsurumi-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 Tsurumi-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
Tsurumi-Ku 横堤 (145) [Area]22,000,000344,231 JPY/sq.m21.3 yrs7 min65 sq.m
Higashinari-Ku 中本 (145) [Area]19,000,000342,857 JPY/sq.m21.5 yrs6 min60 sq.m
Yodogawa-Ku 新高 (257) [Area]20,000,000340,000 JPY/sq.m20.8 yrs7 min60 sq.m
Joto-Ku 新喜多東 (101) [Area]25,000,000350,000 JPY/sq.m19.5 yrs7 min67 sq.m