Kintetsu Minami-Osaka Line Home market overview

The average price of a sq.m Home of Kintetsu Minami-Osaka Line (Nijouzann to Kashiharajinnguumae), in Apr, 2016 to Jun, 2016 was 147,976 JPY/sq.m. The market value represents an increase of 10,360 JPY (+7.5%) compared to 1 year ago and a transition to a strong market. 22 properties exchanged hands ( The market value represents an increase of 15 (+214.3%) 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 -10.9% decrease compared to the 23.7 years old of last year.). The average size of the real estate was 203.6 sq.m (a -5.9% decrease compared to the 216.4 sq.m of last year.). The average total floor space of the real estate was 134.3 sq.m (a +9.3% increase compared to the 122.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

3 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Iwaki, Takadashi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Ukiana station, where prices have increased +766.1% compared to last year; a sq.m unit now costs 135,556 JPY/sq.m.

The top 1 stations has seen prices increase +766.1% (+119,904 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -15.0% (-33,195 JPY/sq.m).


Cause of price increases

  • An decrease in average age of the building (representing 23.7 years old in 2015 and 21.1 years old in 2016; -10.9%)
  • A dramatic decrease in average distance from the station (representing 13.0 min in 2015 and 9.5 min in 2016; -27.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2015 and 31.8% of total transactions in 2016)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 28.6% of total transactions in 2015 and 38.1% of total transactions in 2016)

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 236,824 JPY/sq.m. The market value represents a decrease of 25,080 JPY (-9.6%) compared to 1 year ago and a transition to a bear market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Takadashi, the lowest market value along this railway was 95,719 JPY/sq.m. The market value represents an increase of 24,415 JPY (+34.2%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 4 (+400.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Minami-Osaka Line (Stations Home market overview)
Kintetsu Minami-Osaka LineThis year(2016)1 year ago2 years ago
Nijouzann57,432 JPY (32.8Y/225.0sq.m)--
Nijoujinnjaguchi-41,176 JPY (42.3Y/370.0sq.m)-
Taimadera77,777 JPY (35.3Y/125.0sq.m)-220,000 JPY (1.3Y/155.0sq.m)
Iwaki160,000 JPY (19.3Y/180.0sq.m)90,322 JPY (26.4Y/350.0sq.m)104,404 JPY (22.3Y/377.5sq.m)
Shakudo165,647 JPY (29.6Y/171.7sq.m)-17,142 JPY (40.3Y/115.0sq.m)
Takadashi95,719 JPY (27.0Y/267.0sq.m)71,304 JPY (25.3Y/90.0sq.m)148,235 JPY (16.8Y/140.0sq.m)
Ukiana135,556 JPY (16.8Y/155.0sq.m)15,652 JPY (42.3Y/165.0sq.m)46,666 JPY (36.3Y/90.0sq.m)
Boujou187,857 JPY (26.8Y/317.5sq.m)221,052 JPY (0.3Y/185.0sq.m)-
Kashiharajinnguunishiguchi205,000 JPY (0.3Y/117.5sq.m)-228,571 JPY (1.3Y/180.0sq.m)
Kashiharajinnguumae236,824 JPY (6.6Y/171.7sq.m)261,904 JPY (14.8Y/177.5sq.m)83,913 JPY (29.8Y/117.5sq.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

Ukiana135,556 JPY/sq.m (+766% compared with the previous year)

The average price of a sq.m Home of Ukiana was 135,556 JPY/sq.m. The market value represents an increase of 119,904 JPY (+766.1%) compared to 1 year ago and a transition to a dramatic 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 age of the real estate was 16.8 years old (a -60.3% decrease compared to the 42.3 years old of last year.). The average size of the real estate was 155.0 sq.m (a -6.1% decrease compared to the 165.0 sq.m of last year.). The average total floor space of the real estate was 95.0 sq.m (a -17.4% decrease compared to the 115.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 42.3 years old in 2015 and 16.8 years old in 2016; -60.3%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2015 and 8.5 min in 2016; +41.7%)

Boujou187,857 JPY/sq.m (-15% compared with the previous year)

The average price of a sq.m Home of Boujou was 187,857 JPY/sq.m. The market value represents a decrease of 33,195 JPY (-15.0%) compared to 1 year ago and a transition to a weak 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 age of the real estate was 26.8 years old (a +10521.2% increase compared to the 0.3 years old of last year.). The average size of the real estate was 317.5 sq.m (a +71.6% increase compared to the 185.0 sq.m of last year.). The average total floor space of the real estate was 152.5 sq.m (a +60.5% increase compared to the 95.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.0 min in 2015 and 5.5 min in 2016; -63.3%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.3 years old in 2015 and 26.8 years old in 2016; +10521.2%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2015 and 50.0% 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)