Osaka Monorail Saito Line Apartment average value
- Age 20.8 years old
- Dist. from Sta. 11.1 min walk
- Property area 81.7 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)
Osaka Monorail Saito Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Bannpakukinennkouenn||18,657,143 JPY||234,465 JPY/sq.m|
|Hanndaibyouinnmae||18,404,839 JPY||223,308 JPY/sq.m|
|Toyokawa||12,820,000 JPY||174,950 JPY/sq.m|
|Saitonishi||27,960,000 JPY||305,517 JPY/sq.m|
Osaka Monorail Saito Line Railway market report
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|
|2014. Jan - Dec|