Overview of Sumairuhaitsu Harinakano (スマイルハイツ針中野)
Sumairuhaitsu Harinakano (スマイルハイツ針中野) is a 41-year-old condominium located at Oosakashi Higashisumiyoshi Ku Yuzato 5 Choume 17-6 (大阪市東住吉区湯里5丁目17-6), Osaka, Japan. Built in 1985, it comprises 44 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 780〜1,898万円 (approx. $52,000–$126,533 USD at ¥150/$).
Unit sizes range from 46.7–63.5 sqm (503–684 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥28.5万/sqm (approx. $1,899/sqm or $176/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Yuzato 5 Choume 17-6 (大阪市東住吉区湯里5丁目17-6), Osaka, Japan. It is a 9-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 41 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.
Analyze this property's fair price and negotiation room for free at RE:public.