Land prices / Hiroshima / Kure

2021–2023 published land transactions

Ondocho-Iwashihama land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 13,915 / m²JPY 13.915K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 1.39M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.99M
100 m² building using the 2025 benchmark

Ondocho-Iwashihama location

Ondocho-Iwashihama 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 (2021–2023)

Middle 50% price range
JPY 8,924 / m² – JPY 18,755 / m²JPY 8.924K / m² – JPY 18.755K / m²
Average transaction price
JPY 13,814 / m²JPY 13.814K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 695,750JPY 695.75KJPY 446,188JPY 446.188K JPY 937,750JPY 937.75K
100.0 m²30.3 tsuboJPY 1.39MJPY 892,375JPY 892.375K JPY 1.88M
150.0 m²45.4 tsuboJPY 2.09MJPY 1.34M JPY 2.81M
200.0 m²60.5 tsuboJPY 2.78MJPY 1.78M JPY 3.75M

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 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07140.0 m²JPY 3.3MJPY 23,595 / m²JPY 23.595K / m²9 mNon-line-delineated city-planning area
2021-1040.0 m²JPY 150,000JPY 150KJPY 3,933 / m²JPY 3.933K / m²6 mNon-line-delineated city-planning area
2021-0155.0 m²JPY 800,000JPY 800KJPY 13,915 / m²JPY 13.915K / m²8 mNon-line-delineated city-planning area

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.

Ondocho-Iwashihama land-price summary

The median published transaction price in Ondocho-Iwashihama for 2021–2023 is JPY 13,915 / m²JPY 13.915K / m². A 100 m² plot would therefore be about JPY 1.39M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

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 ↗