Kintetsu Yamada Line railway market report

Kintetsu Yamada Line Apartment market overview

The average price of Kintetsu Yamada Line (Isenakagawa to Ujiyamada) Apartment, in Jan, 2016 to Dec, 2016 was 220,146 JPY/sq.m. The market value represents an increase of 21,033 JPY (+10.6%) compared to 1 year ago and a transition to a bull market. 20 properties exchanged hands ( The market value represents an increase of 8 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.6 years old (a -8.2% decrease compared to the 15.9 years old of last year.). The average size of the real estate was 76.5 sq.m (a +10.6% increase compared to the 69.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

3 stations have experienced increased prices; 0 stations have experienced decreased prices. The overall trend was the same as last year. Iseshi station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Iseshi station, where prices have decreased +0.0% compared to last year; a sq.m unit now costs 235,294 JPY/sq.m.

The top 1 stations has seen prices increase +389.3% (+155,719 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +0.0% (+0 JPY/sq.m).

Cause of price increases

  • An decrease in transactions involving relatively old buildings under 40 years old (representing 18.2% of total transactions in 2015 and 15.8% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.8 min in 2015 and 15.6 min in 2016; +31.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 41.7% of total transactions in 2015 and 15.0% of total transactions in 2016)

Apartment stations market overview

The average price of Isenakagawa Apartment, the highest market value along this railway was 293,750 JPY/sq.m. The market value represents an increase of 13,750 JPY (+4.9%) compared to 1 year ago and a transition to a some market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Ujiyamada Apartment, the lowest market value along this railway was 195,719 JPY/sq.m. The market value represents an increase of 155,719 JPY (+389.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yamada Line (Stations Apartment market overview)
Kintetsu Yamada LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Isenakagawa293,750 JPYsq.m
(8.38356164383561680.0sq.m)
280,000 JPYsq.m
(8.25753424657534375.0sq.m)
-
Matsugasaki271,429 JPYsq.m
(6.75890410958904170.0sq.m)
--
Matsusaka209,350 JPYsq.m
(16.8417281348788278.1sq.m)
203,785 JPYsq.m
(15.44897260273972670.0sq.m)
181,561 JPYsq.m
(13.81917808219178176.6sq.m)
Higashimatsusaka---
Iseshi235,294 JPYsq.m
(12.00821917808219185.0sq.m)
235,294 JPYsq.m
(11.75890410958904185.0sq.m)
-
Ujiyamada195,719 JPYsq.m
(11.13698630136986366.7sq.m)
40,000 JPYsq.m
(31.01917808219178240.0sq.m)
16,667 JPYsq.m
(34.77534246575342530.0sq.m)

*Average unit prices per sq.m of Apartment at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

Noteworthy stations

Ujiyamada195,719 JPY/sq.m (+389% compared with the previous year)

The average price of Ujiyamada Apartment was 195,719 JPY/sq.m. The market value represents an increase of 155,719 JPY (+389.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 11.1 years old (a -64.1% decrease compared to the 31.0 years old of last year.). The average size of the real estate was 66.7 sq.m (a +66.7% increase compared to the 40.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 31.0 years old in 2015 and 11.1 years old in 2016; -64.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 7.3 min in 2016; +83.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2015 and 33.3% of total transactions in 2016)

Iseshi235,294 JPY/sq.m (+0% compared with the previous year)

The average price of Iseshi Apartment was 235,294 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 12.0 years old (a +2.1% increase compared to the 11.8 years old of last year.). The average size of the real estate was 85.0 sq.m (a +0.0% decrease compared to the 85.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 16.0 min in 2015 and 11.0 min in 2016; -31.2%)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)