Kintetsu Minami-Osaka Line Home market overview

The average price of a sq.m Home of Kintetsu Minami-Osaka Line (Nijouzann to Kashiharajinnguumae), in Jan, 2013 to Mar, 2013 was 124,742 JPY/sq.m. The market value represents a decrease of 30,677 JPY (-19.7%) compared to 1 year ago and a transition to a weak market. 20 properties exchanged hands ( The market value represents a decrease of 8 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.8 years old (a +41.8% increase compared to the 18.2 years old of last year.). The average size of the real estate was 170.5 sq.m (a -31.2% decrease compared to the 247.7 sq.m of last year.). The average total floor space of the real estate was 104.2 sq.m (a -22.4% decrease compared to the 134.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m, as well as 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; 4 stations have experienced decreased prices. Market value of most stations decreased. Nijouzann, Iwaki, Shakudo station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Shakudo station, where prices have increased +68.1% compared to last year; a sq.m unit now costs 168,375 JPY/sq.m.

The top 2 stations has seen prices increase +57.4% (+64,104 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -39.2% (-50,460 JPY/sq.m).


Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.2 years old in 2012 and 25.8 years old in 2013; +41.8%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 18.5% of total transactions in 2012 and 30.0% of total transactions in 2013)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 40.7% of total transactions in 2012 and 20.0% of total transactions in 2013)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Minami-Osaka Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Top

Home stations market overview

The average price of a sq.m Home of Kashiharajinnguumae, the highest market value along this railway was 190,950 JPY/sq.m. The market value represents a decrease of 66,562 JPY (-25.8%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Ukiana, the lowest market value along this railway was 64,264 JPY/sq.m. The market value represents a decrease of 45,736 JPY (-41.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Kintetsu Minami-Osaka Line (Stations Home market overview)
Kintetsu Minami-Osaka LineThis year(2013)1 year ago2 years ago
Nijouzann188,235 JPY (20.0Y/190.0sq.m)128,240 JPY (24.7Y/181.7sq.m)304,347 JPY (0.0Y/160.0sq.m)
Nijoujinnjaguchi---
Taimadera---
Iwaki133,333 JPY (13.0Y/195.0sq.m)100,154 JPY (34.5Y/1160.0sq.m)132,608 JPY (17.0Y/550.0sq.m)
Shakudo168,375 JPY (12.0Y/171.7sq.m)100,162 JPY (26.3Y/113.8sq.m)273,498 JPY (0.0Y/162.5sq.m)
Takadashi94,397 JPY (25.3Y/173.1sq.m)149,581 JPY (13.8Y/131.7sq.m)162,166 JPY (7.4Y/132.5sq.m)
Ukiana64,264 JPY (28.0Y/87.5sq.m)110,000 JPY (23.0Y/292.5sq.m)266,666 JPY (0.0Y/200.0sq.m)
Boujou-100,000 JPY (43.0Y/195.0sq.m)125,000 JPY (17.0Y/500.0sq.m)
Kashiharajinnguunishiguchi107,154 JPY (41.0Y/222.5sq.m)150,876 JPY (17.8Y/151.2sq.m)-
Kashiharajinnguumae190,950 JPY (43.5Y/157.5sq.m)257,512 JPY (0.0Y/240.0sq.m)205,838 JPY (22.5Y/347.5sq.m)
*Average unit prices per sq.m of Home 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.
Top

Noteworthy stations

Shakudo168,375 JPY/sq.m (+68% compared with the previous year)

The average price of a sq.m Home of Shakudo was 168,375 JPY/sq.m. The market value represents an increase of 68,213 JPY (+68.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 12.0 years old (a -54.4% decrease compared to the 26.3 years old of last year.). The average size of the real estate was 171.7 sq.m (a +50.9% increase compared to the 113.8 sq.m of last year.). The average total floor space of the real estate was 125.0 sq.m (a +49.3% increase compared to the 83.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.3 years old in 2012 and 12.0 years old in 2013; -54.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 25.0% of total transactions in 2012 and 66.7% of total transactions in 2013)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2012 and 33.3% of total transactions in 2013)

Nijouzann188,235 JPY/sq.m (+47% compared with the previous year)

The average price of a sq.m Home of Nijouzann was 188,235 JPY/sq.m. The market value represents an increase of 59,995 JPY (+46.8%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.0 years old (a -18.9% decrease compared to the 24.7 years old of last year.). The average size of the real estate was 190.0 sq.m (a +4.6% increase compared to the 181.7 sq.m of last year.). The average total floor space of the real estate was 85.0 sq.m (a -43.3% decrease compared to the 150.0 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 24.7 years old in 2012 and 20.0 years old in 2013; -18.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 33.3% of total transactions in 2012 and 50.0% of total transactions in 2013)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.7 min in 2012 and 13.0 min in 2013; +95.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 33.3% of total transactions in 2012 and 50.0% of total transactions in 2013)

Ukiana64,264 JPY/sq.m (-42% compared with the previous year)

The average price of a sq.m Home of Ukiana was 64,264 JPY/sq.m. The market value represents a decrease of 45,736 JPY (-41.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 28.0 years old (a +21.7% increase compared to the 23.0 years old of last year.). The average size of the real estate was 87.5 sq.m (a -70.1% decrease compared to the 292.5 sq.m of last year.). The average total floor space of the real estate was 82.5 sq.m (a -51.5% decrease compared to the 170.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 23.0 years old in 2012 and 28.0 years old in 2013; +21.7%)
  • A dramatic increase in average distance from the station (representing 10.5 min in 2012 and 13.0 min in 2013; +23.8%)

Takadashi94,397 JPY/sq.m (-37% compared with the previous year)

The average price of a sq.m Home of Takadashi was 94,397 JPY/sq.m. The market value represents a decrease of 55,184 JPY (-36.9%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 2 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.3 years old (a +82.5% increase compared to the 13.8 years old of last year.). The average size of the real estate was 173.1 sq.m (a +31.5% increase compared to the 131.7 sq.m of last year.). The average total floor space of the real estate was 118.8 sq.m (a +33.2% increase compared to the 89.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.8 years old in 2012 and 25.3 years old in 2013; +82.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2012 and 50.0% of total transactions in 2013)

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)