Rokko Island Line railway market report

Rokko Island Line Land market overview

The average price of a sq.m Land of Rokko Island Line (Sumiyoshi to Marinnpa-Ku), in Jul, 2016 to Sep, 2016 was 292,982 JPY/sq.m. The market value represents an increase of 22,394 JPY (+8.3%) compared to 1 year ago and a transition to a strong 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.).

The average size of the real estate was 260.0 sq.m (a +205.9% increase compared to the 85.0 sq.m of last year.).

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Uozaki station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Uozaki station, where prices have increased +23.2% compared to last year; a sq.m unit now costs 333,333 JPY/sq.m.

The top 1 stations has seen prices increase +23.2% (+62,745 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +23.2% (+62,745 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 10.0 min in 2016; +150.0%)

Breakdown of each segment

The table below shows Land dealt in Rokko Island 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 Uozaki, the highest market value along this railway was 333,333 JPY/sq.m. The market value represents an increase of 62,745 JPY (+23.2%) 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 price of a sq.m Land of Uozaki, the lowest market value along this railway was 333,333 JPY/sq.m. The market value represents an increase of 62,745 JPY (+23.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Rokko Island Line (Stations Land market overview)
Rokko Island LineThis year(2016)1 year ago2 years ago
Sumiyoshi252,631 JPY (0.0Y/190.0sq.m)-363,368 JPY (0.0Y/97.5sq.m)
Uozaki333,333 JPY (0.0Y/330.0sq.m)270,588 JPY (0.0Y/85.0sq.m)200,000 JPY (0.0Y/85.0sq.m)
Marinnpa-Ku---

*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

Uozaki333,333 JPY/sq.m (+23% compared with the previous year)

The average price of a sq.m Land of Uozaki was 333,333 JPY/sq.m. The market value represents an increase of 62,745 JPY (+23.2%) 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 330.0 sq.m (a +288.2% increase compared to the 85.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.0 min in 2015 and 8.0 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)