JR Kobe Line railway market report

JR Kobe Line Land market overview

The average price of a sq.m Land of JR Kobe Line (Amagasaki to Himeji), in Apr, 2016 to Jun, 2016 was 118,349 JPY/sq.m. The market value represents a decrease of 23,173 JPY (-16.4%) compared to 1 year ago and a transition to a weak market. 249 properties exchanged hands ( The market value represents an increase of 130 (+109.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 331.3 sq.m (a +20.2% increase compared to the 275.5 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.

11 stations have experienced increased prices; 11 stations have experienced decreased prices. Market value of most stations decreased. Suma, Tarumi, Asagiri, Houdenn, Gochaku station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Sone station, where prices have increased +285.4% compared to last year; a sq.m unit now costs 59,514 JPY/sq.m.

The top 2 stations has seen prices increase +167.8% (+55,348 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -52.4% (-220,550 JPY/sq.m).

Causes of price decreases

  • An increase in average distance from the station (representing 19.5 min in 2015 and 21.8 min in 2016; +11.5%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.6% of total transactions in 2015 and 4.8% of total transactions in 2016)

Breakdown of each segment

The table below shows Land dealt in JR Kobe 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 Koushiennguchi, the highest market value along this railway was 341,316 JPY/sq.m. The market value represents an increase of 52,983 JPY (+18.4%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Himejibessho, the lowest market value along this railway was 44,483 JPY/sq.m. The market value represents a decrease of 44,405 JPY (-50.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Kobe Line (Stations Land market overview)
JR Kobe LineThis year(2016)1 year ago2 years ago
Amagasaki193,623 JPY (0.0Y/449.2sq.m)297,006 JPY (0.0Y/482.9sq.m)101,239 JPY (0.0Y/965.0sq.m)
Tachibana186,660 JPY (0.0Y/211.2sq.m)167,548 JPY (0.0Y/147.5sq.m)164,501 JPY (0.0Y/147.5sq.m)
Koushiennguchi341,316 JPY (0.0Y/355.0sq.m)288,333 JPY (0.0Y/125.0sq.m)250,000 JPY (0.0Y/160.0sq.m)
Nishinomiya311,764 JPY (0.0Y/170.0sq.m)262,500 JPY (0.0Y/120.0sq.m)247,333 JPY (0.0Y/116.7sq.m)
Sakurashukugawa---
Ashiya327,260 JPY (0.0Y/156.0sq.m)723,956 JPY (0.0Y/201.2sq.m)334,563 JPY (0.0Y/173.8sq.m)
Kounannyamate305,942 JPY (0.0Y/282.5sq.m)-310,610 JPY (0.0Y/161.7sq.m)
Settsumotoyama412,018 JPY (0.0Y/163.0sq.m)-360,000 JPY (0.0Y/50.0sq.m)
Sumiyoshi488,211 JPY (0.0Y/280.0sq.m)-367,000 JPY (0.0Y/152.5sq.m)
Rokkoumichi554,166 JPY (0.0Y/100.0sq.m)-453,846 JPY (0.0Y/130.0sq.m)
Nada---
Sannnomiya--484,236 JPY (0.0Y/90.0sq.m)
Motomachi---
Koube-205,438 JPY (0.0Y/85.0sq.m)178,181 JPY (0.0Y/55.0sq.m)
Hyougo-160,643 JPY (0.0Y/70.0sq.m)53,333 JPY (0.0Y/60.0sq.m)
Shinnnagata--150,000 JPY (0.0Y/40.0sq.m)
Takatori-194,117 JPY (0.0Y/170.0sq.m)162,500 JPY (0.0Y/142.5sq.m)
Sumakaihinnkouenn266,666 JPY (0.0Y/105.0sq.m)-193,548 JPY (0.0Y/310.0sq.m)
Suma180,000 JPY (0.0Y/1025.0sq.m)131,647 JPY (0.0Y/215.0sq.m)-
Shioya114,285 JPY (0.0Y/210.0sq.m)158,620 JPY (0.0Y/145.0sq.m)108,148 JPY (0.0Y/137.5sq.m)
Tarumi139,334 JPY (0.0Y/215.8sq.m)111,603 JPY (0.0Y/272.5sq.m)155,616 JPY (0.0Y/119.0sq.m)
Maiko131,693 JPY (0.0Y/306.7sq.m)140,476 JPY (0.0Y/122.5sq.m)61,218 JPY (0.0Y/405.0sq.m)
Asagiri198,992 JPY (0.0Y/133.3sq.m)132,366 JPY (0.0Y/147.5sq.m)92,188 JPY (0.0Y/240.0sq.m)
Akashi95,091 JPY (0.0Y/541.2sq.m)165,335 JPY (0.0Y/155.4sq.m)137,096 JPY (0.0Y/137.5sq.m)
Nishi-Akashi96,657 JPY (0.0Y/175.4sq.m)139,130 JPY (0.0Y/115.0sq.m)128,668 JPY (0.0Y/191.0sq.m)
Ookubo104,762 JPY (0.0Y/275.4sq.m)88,744 JPY (0.0Y/241.7sq.m)68,402 JPY (0.0Y/485.0sq.m)
Uozumi69,697 JPY (0.0Y/612.5sq.m)89,343 JPY (0.0Y/125.0sq.m)66,811 JPY (0.0Y/160.0sq.m)
Tsuchiyama62,725 JPY (0.0Y/546.2sq.m)80,139 JPY (0.0Y/150.0sq.m)41,089 JPY (0.0Y/391.2sq.m)
Higashikakogawa50,489 JPY (0.0Y/373.5sq.m)80,825 JPY (0.0Y/488.1sq.m)64,120 JPY (0.0Y/490.0sq.m)
Kakogawa94,218 JPY (0.0Y/266.6sq.m)94,519 JPY (0.0Y/285.6sq.m)59,808 JPY (0.0Y/334.0sq.m)
Houdenn48,082 JPY (0.0Y/264.1sq.m)39,678 JPY (0.0Y/303.8sq.m)61,847 JPY (0.0Y/202.0sq.m)
Sone59,514 JPY (0.0Y/442.1sq.m)15,444 JPY (0.0Y/511.7sq.m)38,192 JPY (0.0Y/567.5sq.m)
Himejibessho44,483 JPY (0.0Y/536.7sq.m)88,888 JPY (0.0Y/450.0sq.m)49,090 JPY (0.0Y/1100.0sq.m)
Gochaku48,505 JPY (0.0Y/256.9sq.m)33,866 JPY (0.0Y/292.5sq.m)27,126 JPY (0.0Y/597.9sq.m)
Himeji80,031 JPY (0.0Y/316.6sq.m)76,271 JPY (0.0Y/390.0sq.m)75,066 JPY (0.0Y/351.7sq.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

Sone59,514 JPY/sq.m (+285% compared with the previous year)

The average price of a sq.m Land of Sone was 59,514 JPY/sq.m. The market value represents an increase of 44,070 JPY (+285.4%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 4 (+133.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 442.1 sq.m (a -13.6% decrease compared to the 511.7 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 18.0 min in 2015 and 20.0 min in 2016; +11.1%)

Asagiri198,992 JPY/sq.m (+50% compared with the previous year)

The average price of a sq.m Land of Asagiri was 198,992 JPY/sq.m. The market value represents an increase of 66,625 JPY (+50.3%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 4 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 133.3 sq.m (a -9.6% decrease compared to the 147.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.0 min in 2015 and 10.3 min in 2016; -45.6%)

Ashiya327,260 JPY/sq.m (-55% compared with the previous year)

The average price of a sq.m Land of Ashiya was 327,260 JPY/sq.m. The market value represents a decrease of 396,696 JPY (-54.8%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 156.0 sq.m (a -22.5% decrease compared to the 201.2 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 13.8 min in 2015 and 15.8 min in 2016; +14.9%)

Himejibessho44,483 JPY/sq.m (-50% compared with the previous year)

The average price of a sq.m Land of Himejibessho was 44,483 JPY/sq.m. The market value represents a decrease of 44,405 JPY (-50.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 536.7 sq.m (a +19.3% increase compared to the 450.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 16.0 min in 2016; +100.0%)

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)