Hanshin Namba Line Hyogo 2014-3Q
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 Jul, 2014 to Sep, 2014 was 190,907 JPY/sq.m. The market value represents an increase of 27,796 JPY (+17.0%) compared to 1 year ago and a transition to a bull market. 12 properties exchanged hands ( The market value represents an increase of 1 (+9.1%) compared to 1 year ago and a transition to a strong market.).

The average size of the real estate was 364.2 sq.m (a -16.5% decrease compared to the 435.9 sq.m of last year.).

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

2 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations. 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 +43.4% compared to last year; a sq.m unit now costs 134,636 JPY/sq.m.

The top 1 stations has seen prices increase +43.4% (+40,744 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +15.7% (+30,286 JPY/sq.m).


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 Amagasaki, the highest market value along this railway was 223,062 JPY/sq.m. The market value represents an increase of 30,286 JPY (+15.7%) compared to 1 year ago and a transition to a bull market. 8 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Daimotsu, the lowest market value along this railway was 134,636 JPY/sq.m. The market value represents an increase of 40,744 JPY (+43.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) 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
Amagasaki223,062 JPY (0.0Y/487.5sq.m)192,776 JPY (0.0Y/504.4sq.m)221,100 JPY (0.0Y/1152.5sq.m)
Daimotsu134,636 JPY (0.0Y/117.5sq.m)93,893 JPY (0.0Y/253.3sq.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

Daimotsu134,636 JPY/sq.m (+43% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 134,636 JPY/sq.m. The market value represents an increase of 40,744 JPY (+43.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 117.5 sq.m (a -53.6% decrease compared to the 253.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.3 min in 2013 and 8.2 min in 2014; -27.2%)

Amagasaki223,062 JPY/sq.m (+16% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 223,062 JPY/sq.m. The market value represents an increase of 30,286 JPY (+15.7%) compared to 1 year ago and a transition to a bull market. 8 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 487.5 sq.m (a -3.3% decrease compared to the 504.4 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 13.6 min in 2013 and 15.5 min in 2014; +13.8%)

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)