Osaka Monorail Apartment market overview [Show ]

The average price of a sq.m Apartment of Osaka Monorail Osaka Monorail, in 2017 was 399,020 JPY/sq.m. The market value represents an increase of 97,099 JPY (+32.2%) compared to 1 year ago and a transition to a dramatic market. 37 properties exchanged hands ( The market value represents a decrease of 126 (-77.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.0 years old (a -10.6% decrease compared to the 24.5 years old of last year.). The average size of the real estate was 75.8 sq.m (a -1.7% decrease compared to the 77.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station, as well as a dramatic increase in transactions involving recently constructed buildings under 6 years old.

Cause of price increases

  • An decrease in average age of the building (representing 24.5 years old in 2016 and 22.0 years old in 2017; -10.6%)
  • An decrease in average distance from the station (representing 14.1 min in 2016 and 11.3 min in 2017; -19.8%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 6.7% of total transactions in 2016 and 16.2% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.6% of total transactions in 2016 and 11.8% of total transactions in 2017)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.0% of total transactions in 2016 and 8.1% of total transactions in 2017)

The highest Apartment market value is Sennrichuuou at 333,456 JPY/sq.m. On the other hand, those with the lowest market value is Minamisettsu at 128,333 JPY/sq.m.

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Hotarugaike at -65.6% (The rate of decline after 30 years). On the other hand, market values along the Unobe was the most resistant to decline at -27.3% (The same rate).

Data regarding the market value and its changes of Apartment in Osaka Monorail were calculated using data on the sales of 2,470 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

StationsAverage Trading PriceAverage Unit Price
Hotarugaike [Land utilization ]20,363,636 JPY304,956 JPY/sq.m
Shibahara [Land utilization ]16,686,667 JPY240,591 JPY/sq.m
Shouji [Land utilization ]20,771,186 JPY277,700 JPY/sq.m
Sennrichuuou [Land utilization ]29,577,985 JPY368,999 JPY/sq.m
Yamada [Land utilization ]19,658,696 JPY255,465 JPY/sq.m
Bannpakukinennkouenn [Land utilization ]18,308,571 JPY228,819 JPY/sq.m
Unobe [Land utilization ]14,341,463 JPY200,302 JPY/sq.m
Minamiibaraki [Land utilization ]17,037,778 JPY246,658 JPY/sq.m
Sawaragi [Land utilization ]20,071,429 JPY277,392 JPY/sq.m
Settsu [Land utilization ]14,529,412 JPY207,586 JPY/sq.m
Minamisettsu [Land utilization ]9,912,500 JPY155,640 JPY/sq.m
Dainichi [Land utilization ]19,158,571 JPY277,292 JPY/sq.m
Kadomashi [Land utilization ]13,279,310 JPY220,755 JPY/sq.m