Osaka Monorail Saito Line Apartment average value

Price 20,714,493 JPY
  (245,625 JPY/sq.m)
- Age 20.0 years old
- Dist. from Sta. 10.5 min walk
- Property area 82.0 sq.m

The average price of a sq.m Apartment of Osaka Monorail Osaka Monorail Saito Line, in 2017 was 223,790 JPY/sq.m. The market value represents a decrease of 20,296 JPY (-8.3%) compared to 1 year ago and a transition to a bear market. 5 properties exchanged hands ( The market value represents a decrease of 19 (-79.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.6 years old (a +47.6% increase compared to the 20.1 years old of last year.). The average size of the real estate was 81.0 sq.m (a -2.6% decrease compared to the 83.1 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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.1 years old in 2016 and 29.6 years old in 2017; +47.6%)
  • A dramatic increase in average distance from the station (representing 10.8 min in 2016 and 13.0 min in 2017; +20.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 29.2% of total transactions in 2016 and 50.0% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Osaka Monorail Saito Line were calculated using data on the sales of 230 properties provided by the MLIT Japan.

Osaka Monorail Saito Line Apartment market value list

StationsAverage Trading PriceAverage Unit Price
Bannpakukinennkouenn18,369,444 JPY229,672 JPY/sq.m
Hanndaibyouinnmae16,755,000 JPY205,123 JPY/sq.m
Toyokawa12,520,588 JPY171,076 JPY/sq.m
Saitonishi27,875,000 JPY305,608 JPY/sq.m

Osaka Monorail Saito Line Railway market report

2017. Jan - Dec
 5 tradings
2016. Jan - Dec
 24 tradings
2015. Jan - Dec
 22 tradings
2014. Jan - Dec
 32 tradings
4Q
3
3Q
1
2Q
1
-4Q
4
3Q
3
2Q
9
1Q
8
4Q
5
3Q
10
2Q
4
1Q
3
4Q
9
3Q
8
2Q
6
1Q
9

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 New351,858 JPY/sq.m100 %
Residual Value (10 Years)301,623 JPY/sq.m86 %
Residual Value (20 Years)248,398 JPY/sq.m71 %
Residual Value (20 Years)192,182 JPY/sq.m55 %
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 Osaka Monorail Saito Line 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 Monorail Osaka Monorail Saito Line 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.

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Trading Data

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

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1. Osaka Suita-Shi 山田東Suita-Shi Bannpakukinennkouenn 9.0 min walk)
15.3 years old , Area: 75 sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2016-06-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   373,333 JPY/sq.m
2. Osaka Suita-Shi 山田東Suita-Shi Bannpakukinennkouenn 9.0 min walk)
15.3 years old , Area: 80 sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-06-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   350,000 JPY/sq.m
3. Osaka Ibaraki-Shi 南春日丘Ibaraki-Shi Hanndaibyouinnmae 9.0 min walk)
16.0 years old , Area: 80 sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01T00:00:00Z
Trading price:   21,000,000 JPY,    Unit price:   262,500 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 relatively old buildings under 40 years old.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.1 years old in 2016 and 29.6 years old in 2017; +47.6%)
  • A dramatic increase in average distance from the station (representing 10.8 min in 2016 and 13.0 min in 2017; +20.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 29.2% of total transactions in 2016 and 50.0% of total transactions in 2017)
The table below shows Apartment dealt in Osaka Monorail Osaka Monorail Saito Line, 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 Osaka Monorail Saito Line

    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
    Osaka Monorail Shibahara (46) [Stations]15,500,000238,18116.8 yrs8 min70 sq.m
    Osaka Monorail Saito Line Bannpakukinennkouenn (72) [Stations]18,500,000231,17319.8 yrs13 min75 sq.m
    Osaka Monorail Bannpakukinennkouenn (72) [Stations]18,500,000231,17319.8 yrs13 min75 sq.m
    Osaka Monorail (2,577) [Stations]19,000,000262,82827.5 yrs9 min70 sq.m
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