Hanshin Namba Line Hyogo 2016-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, 2016 to Dec, 2016 was 170,668 JPY/sq.m. The market value represents a decrease of 20,050 JPY (-10.5%) compared to 1 year ago and a transition to a weak market. 23 properties exchanged hands ( The market value represents an increase of 1 (+4.5%) compared to 1 year ago and a transition to a some market.).

The average size of the real estate was 421.1 sq.m (a +16.6% increase compared to the 361.1 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.

0 stations have experienced increased prices; 2 stations have experienced decreased prices. The market value decreased in all stations. Amagasaki station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Daimotsu station, where prices have decreased -27.5% compared to last year; a sq.m unit now costs 127,648 JPY/sq.m.

The top 1 stations has seen prices increase -1.4% (-2,761 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -27.5% (-48,380 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 4.5% of total transactions in 2015 and 17.4% of total transactions in 2016)

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 193,832 JPY/sq.m. The market value represents a decrease of 2,761 JPY (-1.4%) compared to 1 year ago and a transition to a slight market. 16 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Daimotsu, the lowest market value along this railway was 127,648 JPY/sq.m. The market value represents a decrease of 48,380 JPY (-27.5%) 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(2016)1 year ago2 years ago
Amagasaki193,832 JPY (0.0Y/509.7sq.m)196,593 JPY (0.0Y/435.6sq.m)186,069 JPY (0.0Y/569.0sq.m)
Daimotsu127,648 JPY (0.0Y/218.6sq.m)176,028 JPY (0.0Y/162.5sq.m)142,016 JPY (0.0Y/129.3sq.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

Amagasaki193,832 JPY/sq.m (-1% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 193,832 JPY/sq.m. The market value represents a decrease of 2,761 JPY (-1.4%) compared to 1 year ago and a transition to a slight market. 16 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 509.7 sq.m (a +17.0% increase compared to the 435.6 sq.m of last year.).

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 6.2% of total transactions in 2015 and 18.8% of total transactions in 2016)

Daimotsu127,648 JPY/sq.m (-27% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 127,648 JPY/sq.m. The market value represents a decrease of 48,380 JPY (-27.5%) 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 218.6 sq.m (a +34.5% increase compared to the 162.5 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 8.7 min in 2015 and 9.6 min in 2016; +10.4%)

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)