Hankyu Kyoto Main Line railway market report

Hankyu Kyoto Main Line Land market overview

The average price of a sq.m Land of Hankyu Kyoto Main Line (Ooyamazaki to Kawaramachi), in Jul, 2015 to Sep, 2015 was 468,143 JPY/sq.m. The market value represents an increase of 307,756 JPY (+191.9%) compared to 1 year ago and a transition to a dramatic market. 22 properties exchanged hands ( The market value represents a decrease of 6 (-21.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 233.0 sq.m (a -16.1% decrease compared to the 277.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

5 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was the same as last year. Higashimukou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Katsura station, where prices have increased +252.1% compared to last year; a sq.m unit now costs 729,551 JPY/sq.m.

The top 2 stations has seen prices increase +204.4% (+314,349 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -7.4% (-33,978 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.7 min in 2014 and 12.2 min in 2015; -22.2%)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.6% of total transactions in 2014 and 9.1% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Hankyu Kyoto Main 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 Oomiya, the highest market value along this railway was 769,283 JPY/sq.m. The market value represents an increase of 445,419 JPY (+137.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase 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 Nishimukou, the lowest market value along this railway was 120,924 JPY/sq.m. The market value represents an increase of 15,376 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 3 properties exchanged hands ( The market value represents a decrease of 3 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Kyoto Main Line (Stations Land market overview)
Hankyu Kyoto Main LineThis year(2015)1 year ago2 years ago
Ooyamazaki-91,428 JPY (0.0Y/35.0sq.m)-
Nishiyama-Tennozan-100,129 JPY (0.0Y/434.0sq.m)-
Nagaokatennjinn174,242 JPY (0.0Y/202.5sq.m)67,901 JPY (0.0Y/810.0sq.m)121,971 JPY (0.0Y/555.8sq.m)
Nishimukou120,924 JPY (0.0Y/533.3sq.m)105,548 JPY (0.0Y/393.3sq.m)136,313 JPY (0.0Y/330.7sq.m)
Higashimukou208,482 JPY (0.0Y/138.8sq.m)152,246 JPY (0.0Y/107.5sq.m)180,000 JPY (0.0Y/150.0sq.m)
Rakusaiguchi231,818 JPY (0.0Y/220.0sq.m)-225,074 JPY (0.0Y/977.5sq.m)
Katsura729,551 JPY (0.0Y/303.0sq.m)207,194 JPY (0.0Y/153.8sq.m)209,490 JPY (0.0Y/143.6sq.m)
Nishikyougoku200,000 JPY (0.0Y/100.0sq.m)283,333 JPY (0.0Y/600.0sq.m)198,148 JPY (0.0Y/385.0sq.m)
Saiinn1,222,222 JPY (0.0Y/45.0sq.m)-84,000 JPY (0.0Y/50.0sq.m)
Oomiya769,283 JPY (0.0Y/171.7sq.m)323,864 JPY (0.0Y/67.5sq.m)259,158 JPY (0.0Y/207.5sq.m)
Karasuma553,846 JPY (0.0Y/65.0sq.m)--
Kawaramachi590,476 JPY (0.0Y/105.0sq.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.

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Noteworthy stations

Katsura729,551 JPY/sq.m (+252% compared with the previous year)

The average price of a sq.m Land of Katsura was 729,551 JPY/sq.m. The market value represents an increase of 522,357 JPY (+252.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 303.0 sq.m (a +97.1% increase compared to the 153.8 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 25.4 min in 2014 and 22.4 min in 2015; -11.7%)

Nagaokatennjinn174,242 JPY/sq.m (+157% compared with the previous year)

The average price of a sq.m Land of Nagaokatennjinn was 174,242 JPY/sq.m. The market value represents an increase of 106,341 JPY (+156.6%) 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.).

The average size of the real estate was 202.5 sq.m (a -75.0% decrease compared to the 810.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 21.0 min in 2014 and 17.0 min in 2015; -19.0%)

Nishikyougoku200,000 JPY/sq.m (-29% compared with the previous year)

The average price of a sq.m Land of Nishikyougoku was 200,000 JPY/sq.m. The market value represents a decrease of 83,333 JPY (-29.4%) 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 100.0 sq.m (a -83.3% decrease compared to the 600.0 sq.m of last year.).

Nishimukou120,924 JPY/sq.m (+15% compared with the previous year)

The average price of a sq.m Land of Nishimukou was 120,924 JPY/sq.m. The market value represents an increase of 15,376 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 3 properties exchanged hands ( The market value represents a decrease of 3 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 533.3 sq.m (a +35.6% increase compared to the 393.3 sq.m of last year.).


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)