Hanshin Namba Line Hyogo 2014-FY
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 Jan, 2014 to Dec, 2014 was 170,651 JPY/sq.m. The market value represents a decrease of 9,794 JPY (-5.4%) compared to 1 year ago and a transition to a bear market. 22 properties exchanged hands ( The market value represents a decrease of 8 (-26.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 429.1 sq.m (a +11.4% increase compared to the 385.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 +21.0% compared to last year; a sq.m unit now costs 142,016 JPY/sq.m.

The top 1 stations has seen prices increase +21.0% (+24,653 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -5.9% (-11,580 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.0% of total transactions in 2013 and 13.6% of total transactions in 2014)

Causes of price decreases

  • An increase in average distance from the station (representing 11.2 min in 2013 and 12.8 min in 2014; +14.4%)

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 186,069 JPY/sq.m. The market value represents a decrease of 11,580 JPY (-5.9%) compared to 1 year ago and a transition to a bear market. 15 properties exchanged hands ( The market value represents a decrease of 9 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Daimotsu, the lowest market value along this railway was 142,016 JPY/sq.m. The market value represents an increase of 24,653 JPY (+21.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

Hanshin Namba Line (Stations Land market overview)
Hanshin Namba LineThis year(2014)1 year ago2 years ago
Amagasaki186,069 JPY (0.0Y/569.0sq.m)197,649 JPY (0.0Y/436.9sq.m)189,881 JPY (0.0Y/566.9sq.m)
Daimotsu142,016 JPY (0.0Y/129.3sq.m)117,364 JPY (0.0Y/179.2sq.m)173,132 JPY (0.0Y/132.5sq.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

Daimotsu142,016 JPY/sq.m (+21% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 142,016 JPY/sq.m. The market value represents an increase of 24,653 JPY (+21.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 129.3 sq.m (a -27.8% decrease compared to the 179.2 sq.m of last year.).

Amagasaki186,069 JPY/sq.m (-6% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 186,069 JPY/sq.m. The market value represents a decrease of 11,580 JPY (-5.9%) compared to 1 year ago and a transition to a bear market. 15 properties exchanged hands ( The market value represents a decrease of 9 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 569.0 sq.m (a +30.2% increase compared to the 436.9 sq.m of last year.).

Cause of price increases

  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.5% of total transactions in 2013 and 13.3% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.9 min in 2013 and 15.1 min in 2014; +26.4%)

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)