Hanshin Namba Line Hyogo 2015-3Q
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, 2015 to Sep, 2015 was 144,101 JPY/sq.m. The market value represents a decrease of 46,806 JPY (-24.5%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 7 (-58.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 477.0 sq.m (a +31.0% increase compared to the 364.2 sq.m of last year.).

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

0 stations have experienced increased prices; 2 stations have experienced decreased prices. The market value decreased in all stations. Daimotsu station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Amagasaki station, where prices have decreased -32.7% compared to last year; a sq.m unit now costs 150,126 JPY/sq.m.

The top 1 stations has seen prices increase -10.9% (-14,636 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -32.7% (-72,936 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 150,126 JPY/sq.m. The market value represents a decrease of 72,936 JPY (-32.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 4 (-50.0%) 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 120,000 JPY/sq.m. The market value represents a decrease of 14,636 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-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(2015)1 year ago2 years ago
Amagasaki150,126 JPY (0.0Y/552.5sq.m)223,062 JPY (0.0Y/487.5sq.m)192,776 JPY (0.0Y/504.4sq.m)
Daimotsu120,000 JPY (0.0Y/175.0sq.m)134,636 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

Daimotsu120,000 JPY/sq.m (-11% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 120,000 JPY/sq.m. The market value represents a decrease of 14,636 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 175.0 sq.m (a +48.9% increase compared to the 117.5 sq.m of last year.).

Amagasaki150,126 JPY/sq.m (-33% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 150,126 JPY/sq.m. The market value represents a decrease of 72,936 JPY (-32.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 4 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 552.5 sq.m (a +13.3% increase compared to the 487.5 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 15.5 min in 2014 and 13.0 min in 2015; -16.1%)

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)