Overview of Kaasa Higashiyodogawa (カーサ東淀川)
Kaasa Higashiyodogawa (カーサ東淀川) is a 44-year-old condominium located at Oosakashi Higashiyodogawa Ku Shimoshinjou 6 Choume 3-17 (大阪市東淀川区下新庄6丁目3-17), Osaka, Japan. Built in 1982, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Nakano Kumi (中野組).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,080〜2,380万円 (approx. $72,000–$158,667 USD at ¥150/$).
Unit sizes range from 56.3–71.5 sqm (606–770 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.7万/sqm (approx. $2,379/sqm or $221/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Shimoshinjou 6 Choume 3-17 (大阪市東淀川区下新庄6丁目3-17), 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 44 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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