Overview of Nozaki Aabankonfooto (野崎アーバンコンフォート)
Nozaki Aabankonfooto (野崎アーバンコンフォート) is a 30-year-old condominium located at Daitou Shi Houjou 1 Choume 7-15 (大東市北条1丁目7-15), Osaka, Japan. Built in 1996, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,280〜2,450万円 (approx. $85,333–$163,333 USD at ¥150/$).
Unit sizes range from 62.0–69.1 sqm (667–744 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.2万/sqm (approx. $2,344/sqm or $218/sqft).
Location & Neighborhood
The property is located at Daitou Shi Houjou 1 Choume 7-15 (大東市北条1丁目7-15), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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