Hanshin Namba Line Hyogo 2016-1Q
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, 2016 to Mar, 2016 was 136,915 JPY/sq.m. The market value represents a decrease of 32,651 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 871.7 sq.m (a +175.6% increase compared to the 316.2 sq.m of last year.).

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

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -29.3% (-56,633 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -29.3% (-56,633 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.8 min in 2015 and 11.7 min in 2016; -20.9%)

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 136,915 JPY/sq.m. The market value represents a decrease of 56,633 JPY (-29.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) 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 136,915 JPY/sq.m. The market value represents a decrease of 56,633 JPY (-29.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

Hanshin Namba Line (Stations Land market overview)
Hanshin Namba LineThis year(2016)1 year ago2 years ago
Amagasaki-161,572 JPY (0.0Y/370.0sq.m)200,149 JPY (0.0Y/216.7sq.m)
Daimotsu136,915 JPY (0.0Y/307.5sq.m)193,548 JPY (0.0Y/155.0sq.m)93,333 JPY (0.0Y/75.0sq.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

Daimotsu136,915 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 136,915 JPY/sq.m. The market value represents a decrease of 56,633 JPY (-29.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 307.5 sq.m (a +98.4% increase compared to the 155.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2015 and 13.0 min in 2016; +116.7%)

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)