Hanshin Namba Line Hyogo 2015-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, 2015 to Dec, 2015 was 190,718 JPY/sq.m. The market value represents an increase of 20,067 JPY (+11.8%) compared to 1 year ago and a transition to a bull market. 22 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 361.1 sq.m (a -15.8% decrease compared to the 429.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

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 +23.9% compared to last year; a sq.m unit now costs 176,028 JPY/sq.m.

The top 1 stations has seen prices increase +23.9% (+34,012 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +5.7% (+10,524 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 12.8 min in 2014 and 11.3 min in 2015; -11.7%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.6% of total transactions in 2014 and 4.5% of total transactions in 2015)

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

Top

Land stations market overview

The average price of a sq.m Land of Amagasaki, the highest market value along this railway was 196,593 JPY/sq.m. The market value represents an increase of 10,524 JPY (+5.7%) compared to 1 year ago and a transition to a strong market. 16 properties exchanged hands ( The market value represents an increase of 1 (+6.7%) compared to 1 year ago and a transition to a strong market.).

The average price of a sq.m Land of Daimotsu, the lowest market value along this railway was 176,028 JPY/sq.m. The market value represents an increase of 34,012 JPY (+23.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).

Hanshin Namba Line (Stations Land market overview)
Hanshin Namba LineThis year(2015)1 year ago2 years ago
Amagasaki196,593 JPY (0.0Y/435.6sq.m)186,069 JPY (0.0Y/569.0sq.m)197,649 JPY (0.0Y/436.9sq.m)
Daimotsu176,028 JPY (0.0Y/162.5sq.m)142,016 JPY (0.0Y/129.3sq.m)117,364 JPY (0.0Y/179.2sq.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.

Top

Noteworthy stations

Daimotsu176,028 JPY/sq.m (+24% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 176,028 JPY/sq.m. The market value represents an increase of 34,012 JPY (+23.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 162.5 sq.m (a +25.7% increase compared to the 129.3 sq.m of last year.).

Amagasaki196,593 JPY/sq.m (+6% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 196,593 JPY/sq.m. The market value represents an increase of 10,524 JPY (+5.7%) compared to 1 year ago and a transition to a strong market. 16 properties exchanged hands ( The market value represents an increase of 1 (+6.7%) compared to 1 year ago and a transition to a strong market.).

The average size of the real estate was 435.6 sq.m (a -23.4% decrease compared to the 569.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 15.1 min in 2014 and 12.3 min in 2015; -18.3%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.3% of total transactions in 2014 and 6.2% of total transactions in 2015)

Breakdown of each segment

Station:   Segment:

Top

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)