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, 2017 to Dec, 2017 was 179,200 JPY/sq.m. The market value represents an increase of 8,532 JPY (+5.0%) compared to 1 year ago and a transition to a some market. 14 properties exchanged hands ( The market value represents a decrease of 9 (-39.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 217.1 sq.m (a -48.4% decrease compared to the 421.1 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.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was the same as last year. 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 +34.5% compared to last year; a sq.m unit now costs 171,648 JPY/sq.m.

The top 1 stations has seen prices increase +34.5% (+44,000 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -6.0% (-11,612 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.6 min in 2016 and 14.1 min in 2017; +21.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 17.4% of total transactions in 2016 and 7.1% of total transactions in 2017)

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 182,220 JPY/sq.m. The market value represents a decrease of 11,612 JPY (-6.0%) compared to 1 year ago and a transition to a bear market. 10 properties exchanged hands ( The market value represents a decrease of 6 (-37.5%) 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 171,648 JPY/sq.m. The market value represents an increase of 44,000 JPY (+34.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

Hanshin Namba Line (Stations Land market overview)
Hanshin Namba LineThis year(2017)1 year ago2 years ago
Amagasaki182,220 JPY (0.0Y/213.0sq.m)193,832 JPY (0.0Y/509.7sq.m)196,593 JPY (0.0Y/435.6sq.m)
Daimotsu171,648 JPY (0.0Y/227.5sq.m)127,648 JPY (0.0Y/218.6sq.m)176,028 JPY (0.0Y/162.5sq.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

Daimotsu171,648 JPY/sq.m (+34% compared with the previous year)

The average price of a sq.m Land of Daimotsu was 171,648 JPY/sq.m. The market value represents an increase of 44,000 JPY (+34.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 227.5 sq.m (a +4.1% increase compared to the 218.6 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.6 min in 2016 and 12.2 min in 2017; +28.0%)

Amagasaki182,220 JPY/sq.m (-6% compared with the previous year)

The average price of a sq.m Land of Amagasaki was 182,220 JPY/sq.m. The market value represents a decrease of 11,612 JPY (-6.0%) compared to 1 year ago and a transition to a bear market. 10 properties exchanged hands ( The market value represents a decrease of 6 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 213.0 sq.m (a -58.2% decrease compared to the 509.7 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 12.5 min in 2016 and 14.9 min in 2017; +19.2%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.8% of total transactions in 2016 and 10.0% of total transactions in 2017)

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)