Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Apr, 2016 to Jun, 2016 was 306,667 JPY/sq.m. The market value represents an increase of 82,826 JPY (+37.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 12 (-92.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 9.3 years old (a -41.9% decrease compared to the 15.9 years old of last year.). The average size of the real estate was 75.0 sq.m (a -2.0% decrease compared to the 76.5 sq.m of last year.).

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

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Nakagawara station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Nakagawara station, where prices have increased +53.0% compared to last year; a sq.m unit now costs 306,667 JPY/sq.m.

The top 1 stations has seen prices increase +53.0% (+106,177 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +53.0% (+106,177 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 15.9 years old in 2015 and 9.3 years old in 2016; -41.9%)
  • A dramatic decrease in average distance from the station (representing 8.2 min in 2015 and 4.0 min in 2016; -51.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 23.1% of total transactions in 2015 and 100.0% of total transactions in 2016)

Apartment stations market overview

The average price of Nakagawara Apartment, the highest market value along this railway was 306,667 JPY/sq.m. The market value represents an increase of 106,177 JPY (+53.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Nakagawara Apartment, the lowest market value along this railway was 306,667 JPY/sq.m. The market value represents an increase of 106,177 JPY (+53.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi-230,846 JPYsq.m
(16.9287671232876774.5sq.m)
213,548 JPYsq.m
(18.13869863013698671.2sq.m)
Nakagawara306,667 JPYsq.m
(9.2602739726027475.0sq.m)
200,490 JPYsq.m
(12.92694063926940683.3sq.m)
161,795 JPYsq.m
(19.26438356164383670.0sq.m)
Isematsumoto---

*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

Nakagawara306,667 JPY/sq.m (+53% compared with the previous year)

The average price of Nakagawara Apartment was 306,667 JPY/sq.m. The market value represents an increase of 106,177 JPY (+53.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 9.3 years old (a -28.4% decrease compared to the 12.9 years old of last year.). The average size of the real estate was 75.0 sq.m (a -10.0% decrease compared to the 83.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 12.9 years old in 2015 and 9.3 years old in 2016; -28.4%)
  • A dramatic decrease in average distance from the station (representing 6.3 min in 2015 and 4.0 min in 2016; -36.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 66.7% of total transactions in 2015 and 100.0% of total transactions in 2016)

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)