Overview of Hirakatakouen Gaadenhausu (枚方公園ガーデンハウス)
Hirakatakouen Gaadenhausu (枚方公園ガーデンハウス) is a 30-year-old condominium located at Hirakatashi Ikagakitamachi 6-20 (枚方市伊加賀北町6-20), Osaka, Japan. Built in 1996, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Nihonkokudokaihatsu (日本国土開発).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,750〜3,498万円 (approx. $116,667–$233,200 USD at ¥150/$).
Unit sizes range from 65.8–67.7 sqm (708–729 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥42.0万/sqm (approx. $2,803/sqm or $260/sqft).
Location & Neighborhood
The property is located at Hirakatashi Ikagakitamachi 6-20 (枚方市伊加賀北町6-20), Osaka, Japan. It is a 1-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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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