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, 2019 to Jun, 2019 was 303,185 JPY/sq.m. The market value represents an increase of 127,563 JPY (+72.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 1 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.1 years old (a -10.2% decrease compared to the 23.5 years old of last year.). The average size of the real estate was 75.0 sq.m (a +11.9% increase compared to the 67.0 sq.m of last year.).

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

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Kinntetsuyokkaichi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kinntetsuyokkaichi station, where prices have increased +66.6% compared to last year; a sq.m unit now costs 303,185 JPY/sq.m.

The top 1 stations has seen prices increase +66.6% (+121,158 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +66.6% (+121,158 JPY/sq.m).

Cause of price increases

  • An decrease in average age of the building (representing 23.5 years old in 2018 and 21.1 years old in 2019; -10.2%)
  • A dramatic decrease in average distance from the station (representing 10.6 min in 2018 and 7.2 min in 2019; -32.4%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2018 and 20.0% of total transactions in 2019)

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.0% of total transactions in 2018 and 16.7% of total transactions in 2019)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 303,185 JPY/sq.m. The market value represents an increase of 121,158 JPY (+66.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Kinntetsuyokkaichi Apartment, the lowest market value along this railway was 303,185 JPY/sq.m. The market value represents an increase of 121,158 JPY (+66.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi303,185 JPYsq.m
(21.06520547945205475.0sq.m)
182,028 JPYsq.m
(24.51849315068493268.8sq.m)
177,709 JPYsq.m
(26.06958904109588864.0sq.m)
Nakagawara-150,000 JPYsq.m
(19.26575342465753660.0sq.m)
89,231 JPYsq.m
(28.2712328767123365.0sq.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

Kinntetsuyokkaichi303,185 JPY/sq.m (+67% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 303,185 JPY/sq.m. The market value represents an increase of 121,158 JPY (+66.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.1 years old (a -14.1% decrease compared to the 24.5 years old of last year.). The average size of the real estate was 75.0 sq.m (a +9.1% increase compared to the 68.8 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 24.5 years old in 2018 and 21.1 years old in 2019; -14.1%)
  • A dramatic decrease in average distance from the station (representing 12.0 min in 2018 and 7.2 min in 2019; -40.3%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 75.0% of total transactions in 2018 and 20.0% of total transactions in 2019)

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)