Land prices / Hiroshima / Kure

2023 published land transactions

Nishikawaraishicho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishikawaraishicho, Kure. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2023)
JPY 66,550 / m²
Median sample 1Five-year sample 1
Estimated price for 99.2 m² (30 tsubo)
JPY 6.6M
Simple estimate using the displayed median
Estimated land + building budget
JPY 44.88M
99.2 m² (30-tsubo) building using the 2025 benchmark

Nishikawaraishicho location

Nishikawaraishicho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2023)

Middle 50% price range
JPY 66,550 / m² – JPY 66,550 / m²
Average transaction price
JPY 66,550 / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 4.4MJPY 4.4M JPY 4.4M
99.2 m²30 tsuboJPY 6.6MJPY 6.6M JPY 6.6M
132.2 m²40 tsuboJPY 8.8MJPY 8.8M JPY 8.8M
165.3 m²50 tsuboJPY 11MJPY 11M JPY 11M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10100.0 m²JPY 6.5MJPY 66,550 / m²8 mCategory I mid/high-rise residential zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Nishikawaraishicho land-price summary

The median published transaction price in Nishikawaraishicho for 2023 is JPY 66,550 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 6.6M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

Station-area land prices near Nishikawaraishicho

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗