Nishi-Ku Apartment average value

Price 271,025 JPY/sq.m
- Age 18.8 years old
- Dist. from Sta. 8.1 min walk
- Property area 69.7 sq.m

The average price of Osaka Sakai-Shi Nishi-Ku Apartment, in 2020 was 299,326 JPY/sq.m. The market value represents an increase of 21,334 JPY (+7.7%) 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 relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 48.3% of total transactions in 2019 and 27.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 5.0% of total transactions in 2019 and 2.8% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nishi-Ku were calculated using data on the sales of 741 properties provided by the MLIT Japan.

Nishi-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
15,944,444 JPY228,606 JPY/sq.m54 件
上野芝向ケ丘町13,893,333 JPY180,544 JPY/sq.m30 件
上野芝町21,735,294 JPY313,474 JPY/sq.m157 件
下田町15,534,615 JPY221,329 JPY/sq.m26 件
平岡町6,920,690 JPY126,887 JPY/sq.m29 件
津久野町18,159,091 JPY264,363 JPY/sq.m44 件
浜寺元町14,666,667 JPY209,524 JPY/sq.m3 件
浜寺公園町21,916,667 JPY314,310 JPY/sq.m12 件
浜寺昭和町22,200,000 JPY289,607 JPY/sq.m5 件
浜寺石津町中12,415,385 JPY180,775 JPY/sq.m52 件
浜寺石津町東9,973,333 JPY155,264 JPY/sq.m15 件
浜寺石津町西13,083,333 JPY197,602 JPY/sq.m12 件
浜寺船尾町西8,580,000 JPY128,555 JPY/sq.m5 件
浜寺諏訪森町中12,033,333 JPY171,137 JPY/sq.m12 件
浜寺諏訪森町東17,000,000 JPY216,732 JPY/sq.m3 件
浜寺諏訪森町西20,060,000 JPY277,048 JPY/sq.m30 件
神野町18,222,222 JPY247,920 JPY/sq.m9 件
鳳中町13,400,000 JPY200,833 JPY/sq.m8 件
鳳北町16,238,596 JPY236,968 JPY/sq.m57 件
鳳南町24,691,429 JPY334,558 JPY/sq.m82 件
鳳東町16,031,343 JPY230,036 JPY/sq.m67 件
鳳西町12,779,630 JPY183,324 JPY/sq.m27 件
鶴田町7,500,000 JPY131,666 JPY/sq.m2 件

Nishi-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 New459,909 JPY/sq.m100 %
Residual Value (10 Years)347,372 JPY/sq.m76 %
Residual Value (20 Years)256,516 JPY/sq.m56 %
Residual Value (20 Years)187,340 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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- 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 Nishi-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 Nishi-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 Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
18.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

2. Osaka Sakai-Shi Nishi-Ku 浜寺石津町中 (Sakai-Shi Ishidugawa 9.0 min walk)
18.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2007-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

3. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
18.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

4. Osaka Sakai-Shi Nishi-Ku 鳳南町 (Sakai-Shi Ootori 9.0 min walk)
18.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   240,000 JPY/sq.m

5. Osaka Sakai-Shi Nishi-Ku 浜寺石津町中 (Sakai-Shi Ishidugawa 9.0 min walk)
17.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2006-09-01 00:00:00

Trading price:   6,100,000 JPY,    Unit price:   81,333 JPY/sq.m

6. Osaka Sakai-Shi Nishi-Ku 鳳東町 (Sakai-Shi Ootori 9.0 min walk)
18.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   186,667 JPY/sq.m

7. Osaka Sakai-Shi Nishi-Ku 浜寺石津町中 (Sakai-Shi Ishidugawa 9.0 min walk)
17.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   226,667 JPY/sq.m

8. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
17.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

9. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
16.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

10. Osaka Sakai-Shi Nishi-Ku 浜寺石津町東 (Sakai-Shi Ishidugawa 9.0 min walk)
19.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2006-09-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   130,769 JPY/sq.m

11. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
19.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2017-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   240,000 JPY/sq.m

12. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

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

13. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
16.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2014-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   214,286 JPY/sq.m

14. Osaka Sakai-Shi Nishi-Ku 上 (Sakai-Shi Tonoki 9.0 min walk)
19.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 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 relatively new buildings under 20 years old.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 48.3% of total transactions in 2019 and 27.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 5.0% of total transactions in 2019 and 2.8% of total transactions in 2020)
The table below shows Apartment dealt in Osaka Sakai-Shi Nishi-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 Nishi-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
Kita-Ku 百舌鳥梅北町 (42) [Area]19,000,000288,462 JPY/sq.m18.0 yrs7 min70 sq.m
Sakai-Shi (5,582) [Area]16,000,000247,059 JPY/sq.m22.3 yrs8 min65 sq.m
Nishi-Ku 下田町 (26) [Area]16,000,000222,619 JPY/sq.m17.4 yrs7 min70 sq.m