Osaka Han'Nan-Shi (37)
The average price of a sq.m Apartment of Osaka Han'Nan-Shi, in 2016 was 117,778 JPY/sq.m. The market value represents a decrease of 27,936 JPY (-19.2%) compared to 1 year ago and a transition to a weak market. 2 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 31.0 years old (a +73.4% increase compared to the 17.9 years old of last year.). The average size of the real estate was 57.5 sq.m (a -14.8% decrease compared to the 67.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving relatively new buildings under 20 years old.
Causes of price decreases
The highest Apartment market value is 黒田 at 171,428 JPY/sq.m. On the other hand, those with the lowest market value is 下出 at 50,000 JPY/sq.m.Data regarding the market value and its changes of Apartment in Han'Nan-Shi were calculated using data on the sales of 37 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|黒田 [Utilization ]||12,411,765 JPY||162,792 JPY/sq.m|
|下出 [Utilization ]||2,380,000 JPY||38,666 JPY/sq.m|
|鳥取 [Utilization ]||6,187,500 JPY||95,684 JPY/sq.m|
|尾崎町 [Utilization ]||7,875,000 JPY||131,250 JPY/sq.m|