Kobe Subway Seishin-Yamanote Line railway market report

Kobe Subway Seishin-Yamanote Line Land market overview

The average price of a sq.m Land of Kobe Subway Seishin-Yamanote Line (Shin-Kobe to Seishinnchuuou), in Jul, 2017 to Sep, 2017 was 108,383 JPY/sq.m. The market value represents an increase of 23,520 JPY (+27.7%) compared to 1 year ago and a transition to a dramatic market. 11 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 330.5 sq.m (a -45.7% decrease compared to the 608.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

4 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Nagata, Myouhouji station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Minatogawakouenn station, where prices have increased +127.7% compared to last year; a sq.m unit now costs 126,086 JPY/sq.m.

The top 1 stations has seen prices increase +127.7% (+70,702 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -9.9% (-22,000 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.3 min in 2016 and 13.9 min in 2017; -49.0%)

Breakdown of each segment

The table below shows Land dealt in Kobe Subway Seishin-Yamanote 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

Top

Land stations market overview

The average price of a sq.m Land of Itayado, the highest market value along this railway was 200,000 JPY/sq.m. The market value represents a decrease of 22,000 JPY (-9.9%) compared to 1 year ago and a transition to a bear market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Nagata, the lowest market value along this railway was 91,428 JPY/sq.m. The market value represents an increase of 34,286 JPY (+60.0%) 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.).

Kobe Subway Seishin-Yamanote Line (Stations Land market overview)
Kobe Subway Seishin-Yamanote LineThis year(2017)1 year ago2 years ago
Shin-Kobe--257,142 JPY (0.0Y/140.0sq.m)
Kennchoumae127,027 JPY (0.0Y/370.0sq.m)-53,846 JPY (0.0Y/650.0sq.m)
Ookurayama---
Minatogawakouenn126,086 JPY (0.0Y/230.0sq.m)55,384 JPY (0.0Y/65.0sq.m)117,220 JPY (0.0Y/66.7sq.m)
Kamisawa---
Nagata91,428 JPY (0.0Y/90.0sq.m)57,142 JPY (0.0Y/35.0sq.m)43,846 JPY (0.0Y/130.0sq.m)
Shinnnagata106,666 JPY (0.0Y/45.0sq.m)-223,026 JPY (0.0Y/107.5sq.m)
Itayado200,000 JPY (0.0Y/85.0sq.m)222,000 JPY (0.0Y/187.5sq.m)60,714 JPY (0.0Y/100.0sq.m)
Myouhouji154,838 JPY (0.0Y/155.0sq.m)87,027 JPY (0.0Y/777.5sq.m)140,000 JPY (0.0Y/150.0sq.m)
Myoudani31,506 JPY (0.0Y/730.0sq.m)-64,642 JPY (0.0Y/87.5sq.m)
Sougouunndoukouenn--141,176 JPY (0.0Y/170.0sq.m)
Gakuenntoshi125,714 JPY (0.0Y/175.0sq.m)110,000 JPY (0.0Y/100.0sq.m)69,707 JPY (0.0Y/611.0sq.m)
Ikawadani68,757 JPY (0.0Y/832.5sq.m)--
Seishinnminami---
Seishinnchuuou-2,680 JPY (0.0Y/1140.0sq.m)146,153 JPY (0.0Y/260.0sq.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.

Top

Noteworthy stations

Minatogawakouenn126,086 JPY/sq.m (+128% compared with the previous year)

The average price of a sq.m Land of Minatogawakouenn was 126,086 JPY/sq.m. The market value represents an increase of 70,702 JPY (+127.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 230.0 sq.m (a +253.8% increase compared to the 65.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.0 min in 2016 and 9.0 min in 2017; -50.0%)

Itayado200,000 JPY/sq.m (-10% compared with the previous year)

The average price of a sq.m Land of Itayado was 200,000 JPY/sq.m. The market value represents a decrease of 22,000 JPY (-9.9%) compared to 1 year ago and a transition to a bear market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 85.0 sq.m (a -54.7% decrease compared to the 187.5 sq.m of last year.).


Breakdown of each segment

Station:   Segment:

Top

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)