Hanshin Namba Line Hyogo 2014-2Q
Land market report

Hanshin Namba Line railway market report

Hanshin Namba Line Land market overview

The average price of a sq.m Land of Hanshin Namba Line (Amagasaki to Daimotsu), in Apr, 2014 to Jun, 2014 was 125,612 JPY/sq.m. The market value represents a decrease of 99,347 JPY (-44.2%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 6 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 708.3 sq.m (a +251.2% increase compared to the 201.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was the same as last year. Daimotsu station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Daimotsu station, where prices have increased +88.0% compared to last year; a sq.m unit now costs 174,358 JPY/sq.m.

The top 1 stations has seen prices increase +88.0% (+81,631 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -58.1% (-140,249 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2013 and 12.3 min in 2014; +37.0%)

Breakdown of each segment

The table below shows Land dealt in Hanshin Namba 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:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Land stations market overview

The average price of a sq.m Land of Daimotsu, the highest market value along this railway was 174,358 JPY/sq.m. The market value represents an increase of 81,631 JPY (+88.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Amagasaki, the lowest market value along this railway was 101,239 JPY/sq.m. The market value represents a decrease of 140,249 JPY (-58.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 6 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

Hanshin Namba Line (Stations Land market overview)
Hanshin Namba LineThis year(2014)1 year ago2 years ago
Amagasaki101,239 JPY (0.0Y/965.0sq.m)241,488 JPY (0.0Y/220.0sq.m)177,990 JPY (0.0Y/414.1sq.m)
Daimotsu174,358 JPY (0.0Y/195.0sq.m)92,727 JPY (0.0Y/55.0sq.m)180,918 JPY (0.0Y/130.0sq.m)

*Average unit prices per sq.m of Land 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.

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Noteworthy stations

Daimotsu174,358 JPY/sq.m (+88% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 174,358 JPY/sq.m. The market value represents an increase of 81,631 JPY (+88.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 195.0 sq.m (a +254.5% increase compared to the 55.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 9.0 min in 2013 and 8.0 min in 2014; -11.1%)

Amagasaki101,239 JPY/sq.m (-58% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 101,239 JPY/sq.m. The market value represents a decrease of 140,249 JPY (-58.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 6 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 965.0 sq.m (a +338.6% increase compared to the 220.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2013 and 14.5 min in 2014; +61.1%)

Breakdown of each segment

Station:   Segment:

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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)