Mizuma Railway Line Apartment average value
Price 9,115,625 JPY
- Age 22.4 years old
- Dist. from Sta. 13.2 min walk
- Property area 75.9 sq.m
The average price of a sq.m Apartment of Osaka Mizuma Railway Line, in 2017 was 103,333 JPY/sq.m. The market value represents a decrease of 8,716 JPY (-7.8%) compared to 1 year ago and a transition to a bear market. 1 properties exchanged hands ( The market value represents a decrease of 7 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 27.0 years old (a +6.3% increase compared to the 25.4 years old of last year.). The average size of the real estate was 60.0 sq.m (a -18.6% decrease compared to the 73.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 16.5 min in 2016 and 8.0 min in 2017; -51.5%)
Causes of price decreases
- An increase in transactions involving relatively old buildings under 40 years old (representing 87.5% of total transactions in 2016 and 100.0% of total transactions in 2017)
Mizuma Railway Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Kaiduka||8,276,000 JPY||111,578 JPY/sq.m|
|Sechigo||8,898,148 JPY||118,121 JPY/sq.m|