Overview of Heiya Nishi Gaadenhausu (平野西ガーデンハウス)
Heiya Nishi Gaadenhausu (平野西ガーデンハウス) is a 27-year-old condominium located at Oosakashi Heiya Ku Heiya Nishi 1 Choume 2-13 (大阪市平野区平野西1丁目2-13), Osaka, Japan. Built in 1999, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Tobishima Kensetsu (飛島建設).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,480〜3,180万円 (approx. $98,667–$212,000 USD at ¥150/$).
Unit sizes range from 60.4–66.6 sqm (650–717 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: ¥43.1万/sqm (approx. $2,871/sqm or $267/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Ku Heiya Nishi 1 Choume 2-13 (大阪市平野区平野西1丁目2-13), 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 27 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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