Osaka Municipal Transportation Apartment market overview [Show ]
The average price of a sq.m Apartment of Osaka Osaka Municipal Transportation, in 2017 was 451,096 JPY/sq.m. The market value represents an increase of 24,976 JPY (+5.9%) compared to 1 year ago and a transition to a strong market. 633 properties exchanged hands ( The market value represents a decrease of 1,030 (-61.9%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 20.0 years old (a +0.3% increase compared to the 20.0 years old of last year.). The average size of the real estate was 51.0 sq.m (a -1.1% decrease compared to the 51.6 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was an increase in transactions involving relatively new buildings under 20 years old, as well as an increase in transactions involving small size for a single person households less than 30 sq.m.
Cause of price increases
- A some decrease in transactions involving older buildings over 40 years old (representing 10.4% of total transactions in 2016 and 9.9% of total transactions in 2017)
- A some increase in transactions involving recently constructed buildings under 6 years old (representing 4.2% of total transactions in 2016 and 4.5% of total transactions in 2017)
Causes of price decreases
- An decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 17.5% of total transactions in 2016 and 14.6% of total transactions in 2017)
- An decrease in transactions involving nearly new buildings under 3 years old (representing 11.9% of total transactions in 2016 and 10.4% of total transactions in 2017)
In accordance with the aging of buildings, the stations whose values were most likely to decline was the Osaka Chuo Line at -60.0% (The rate of decline after 30 years). On the other hand, market values along the Osaka Imazatosuji Line was the most resistant to decline at -43.0% (The same rate).Data regarding the market value and its changes of Apartment in Osaka Municipal Transportation were calculated using data on the sales of 22,957 properties provided by the MLIT Japan.
|Stations||Average Trading Price||Average Unit Price|
|Osaka Chuo Line [Utilization ]||19,008,258 JPY||487,083 JPY/sq.m|
|Osaka Imazatosuji Line [Utilization ]||17,500,597 JPY||283,463 JPY/sq.m|
|Osaka Sennichimae Line [Utilization ]||19,895,990 JPY||442,558 JPY/sq.m|
|Osaka Nanko Port Town Line [Utilization ]||14,454,264 JPY||201,425 JPY/sq.m|
|Osaka Yotsubashi Line [Utilization ]||18,902,514 JPY||535,478 JPY/sq.m|
|Osaka Sakaisuji Line [Utilization ]||20,002,140 JPY||538,543 JPY/sq.m|
|Osaka Midosuji Line [Utilization ]||16,742,422 JPY||415,934 JPY/sq.m|
|Osaka Tanimachi Line [Utilization ]||20,001,875 JPY||401,524 JPY/sq.m|
|Osaka Nagahori Tsurumi-ryokuchi Line [Utilization ]||20,058,167 JPY||420,915 JPY/sq.m|