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, 2016 to Sep, 2016 was 147,694 JPY/sq.m. The market value represents an increase of 3,593 JPY (+2.5%) compared to 1 year ago and a transition to a slight market. 7 properties exchanged hands ( The market value represents an increase of 2 (+40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 235.7 sq.m (a -50.6% decrease compared to the 477.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

2 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations. Amagasaki, Daimotsu station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Daimotsu station, where prices have increased +12.1% compared to last year; a sq.m unit now costs 134,472 JPY/sq.m.

The top 1 stations has seen prices increase +12.1% (+14,472 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +10.1% (+15,196 JPY/sq.m).

Causes of price decreases

  • An increase in average distance from the station (representing 12.0 min in 2015 and 14.0 min in 2016; +16.7%)

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 165,322 JPY/sq.m. The market value represents an increase of 15,196 JPY (+10.1%) compared to 1 year ago and a transition to a bull 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 price of a sq.m Land of Daimotsu, the lowest market value along this railway was 134,472 JPY/sq.m. The market value represents an increase of 14,472 JPY (+12.1%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) 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
Amagasaki165,322 JPY (0.0Y/263.3sq.m)150,126 JPY (0.0Y/552.5sq.m)223,062 JPY (0.0Y/487.5sq.m)
Daimotsu134,472 JPY (0.0Y/215.0sq.m)120,000 JPY (0.0Y/175.0sq.m)134,636 JPY (0.0Y/117.5sq.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

Daimotsu134,472 JPY/sq.m (+12% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 134,472 JPY/sq.m. The market value represents an increase of 14,472 JPY (+12.1%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 215.0 sq.m (a +22.9% increase compared to the 175.0 sq.m of last year.).

Amagasaki165,322 JPY/sq.m (+10% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 165,322 JPY/sq.m. The market value represents an increase of 15,196 JPY (+10.1%) compared to 1 year ago and a transition to a bull 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 263.3 sq.m (a -52.3% decrease compared to the 552.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 13.0 min in 2015 and 21.0 min in 2016; +61.5%)

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)