Osaka Monorail Saito Line Apartment average value
Price 19,691,954 JPY
- Age 19.7 years old
- Dist. from Sta. 11.0 min walk
- Property area 80.9 sq.m
The average price of a sq.m Apartment of Osaka Monorail Osaka Monorail Saito Line, in 2017 was 185,714 JPY/sq.m. The market value represents a decrease of 60,721 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 19 (-95.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 33.3 years old (a +68.4% increase compared to the 19.8 years old of last year.). The average size of the real estate was 70.0 sq.m (a -13.3% decrease compared to the 80.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 11.1 min in 2016 and 7.0 min in 2017; -36.7%)
Causes of price decreases
- A dramatic increase in average age of the building (representing 19.8 years old in 2016 and 33.3 years old in 2017; +68.4%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Osaka Monorail Saito Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Bannpakukinennkouenn||18,308,571 JPY||228,819 JPY/sq.m|
|Hanndaibyouinnmae||16,888,462 JPY||202,862 JPY/sq.m|
|Toyokawa||12,763,636 JPY||173,781 JPY/sq.m|
|Saitonishi||26,964,286 JPY||299,937 JPY/sq.m|