Kintetsu Minami-Osaka Line Home market overview

The average price of a sq.m Home of Kintetsu Minami-Osaka Line (Nijouzann to Kashiharajinnguumae), in Oct, 2016 to Dec, 2016 was 150,031 JPY/sq.m. The market value represents an increase of 52,286 JPY (+53.5%) compared to 1 year ago and a transition to a dramatic market. 23 properties exchanged hands ( The market value represents an increase of 16 (+228.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.0 years old (a -47.9% decrease compared to the 26.9 years old of last year.). The average size of the real estate was 274.6 sq.m (a +111.2% increase compared to the 130.0 sq.m of last year.). The average total floor space of the real estate was 178.9 sq.m (a +54.6% increase compared to the 115.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m, as well as a dramatic increase in transactions involving very large size more than 200 sq.m.

3 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. 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 +659.1% compared to last year; a sq.m unit now costs 185,565 JPY/sq.m.

The top 1 stations has seen prices increase +659.1% (+161,121 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -54.2% (-108,326 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.9 years old in 2015 and 14.0 years old in 2016; -47.9%)
  • An decrease in average distance from the station (representing 11.7 min in 2015 and 10.5 min in 2016; -10.2%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 16.7% of total transactions in 2015 and 47.8% of total transactions in 2016)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2015 and 26.1% of total transactions in 2016)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 14.3% of total transactions in 2015 and 4.3% 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 198,611 JPY/sq.m. The market value represents an increase of 100,710 JPY (+102.9%) compared to 1 year ago and a transition to a dramatic 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 Kashiharajinnguunishiguchi, the lowest market value along this railway was 88,000 JPY/sq.m. The market value represents a decrease of 2,769 JPY (-3.1%) 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.).

Kintetsu Minami-Osaka Line (Stations Home market overview)
Kintetsu Minami-Osaka LineThis year(2016)1 year ago2 years ago
Nijouzann--190,000 JPY (8.8Y/1700.0sq.m)
Nijoujinnjaguchi266,252 JPY (0.8Y/162.5sq.m)--
Taimadera---
Iwaki36,666 JPY (27.9Y/2000.0sq.m)-128,836 JPY (16.0Y/190.0sq.m)
Shakudo91,674 JPY (16.0Y/215.0sq.m)200,000 JPY (0.8Y/90.0sq.m)142,539 JPY (17.4Y/135.0sq.m)
Takadashi107,070 JPY (23.1Y/113.3sq.m)86,601 JPY (23.8Y/77.5sq.m)218,181 JPY (-0.2Y/140.0sq.m)
Ukiana185,565 JPY (7.8Y/210.0sq.m)24,444 JPY (34.8Y/150.0sq.m)142,857 JPY (2.8Y/200.0sq.m)
Boujou171,428 JPY (0.8Y/135.0sq.m)-42,105 JPY (43.8Y/85.0sq.m)
Kashiharajinnguunishiguchi88,000 JPY (42.3Y/220.0sq.m)90,769 JPY (45.8Y/105.0sq.m)-
Kashiharajinnguumae198,611 JPY (6.8Y/248.3sq.m)97,902 JPY (28.3Y/205.0sq.m)109,999 JPY (26.8Y/216.7sq.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

Ukiana185,565 JPY/sq.m (+659% compared with the previous year)

The average price of a sq.m Home of Ukiana was 185,565 JPY/sq.m. The market value represents an increase of 161,121 JPY (+659.1%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 6 (+600.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 7.8 years old (a -77.7% decrease compared to the 34.8 years old of last year.). The average size of the real estate was 210.0 sq.m (a +40.0% increase compared to the 150.0 sq.m of last year.). The average total floor space of the real estate was 97.9 sq.m (a +8.7% increase compared to the 90.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 34.8 years old in 2015 and 7.8 years old in 2016; -77.7%)
  • A dramatic decrease in average distance from the station (representing 13.0 min in 2015 and 8.0 min in 2016; -38.5%)

Shakudo91,674 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Home of Shakudo was 91,674 JPY/sq.m. The market value represents a decrease of 108,326 JPY (-54.2%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.0 years old (a +2025.6% increase compared to the 0.8 years old of last year.). The average size of the real estate was 215.0 sq.m (a +138.9% increase compared to the 90.0 sq.m of last year.). The average total floor space of the real estate was 140.0 sq.m (a +64.7% increase compared to the 85.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.8 years old in 2015 and 16.0 years old in 2016; +2025.6%)
  • A dramatic increase in average distance from the station (representing 7.0 min in 2015 and 11.5 min in 2016; +64.3%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2015 and 25.0% 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)