2024 PUBLIC TRANSACTIONS · 1.5 KM

Shin-Iwakuni Station 1.5 km Area Land Prices

Published residential-land transactions are aggregated across 3 full neighborhoods whose representative points lie within 1.5 km straight-line distance of the station. The neighborhood breakdown appears below.

Median transaction price per m² (2024)
JPY 39,325 / m²JPY 39.325K / m²
Approx. ¥40,000 / m²
2024 55 years 16
Estimated price for 100 m²
JPY 3.93M
Simple estimate using the displayed median
Estimated land + building budget
JPY 42.2M
100 m² building using the 2025 benchmark
The 1.5 km rule applies to neighborhood representative points. It is not a property-level distance or walking-time catchment; prices cover each included neighborhood in full.

Prices by neighborhood

NeighborhoodMedian / m²Latest year · samples
MishoJPY 39,325 / m²JPY 39.325K / m²2024 · 5
MochikuniNo dataNo data in five years
TawaraNo dataNo data in five years
MishoJPY 39,325 / m²JPY 39.325K / m²2024 · 5MochikuniNo dataNo data in five yearsTawaraNo dataNo data in five years

Each neighborhood uses its most recent transaction year within the five-year dataset, which may differ from the station-area year shown above. The 1.5 km rule uses representative-point distance.

Shin-Iwakuni Station profile

Main rail line
山陽新幹線
Lines
1
Neighborhood radius
1.5 km
Neighborhoods covered
3 neighborhoods

Station area map

The green circle is a 1.5 km radius; orange points are neighborhood representative points.

Neighborhood point

Rail lines and operators

山陽新幹線
西日本旅客鉄道

Station location, lines and operators come from the MLIT N02 railway dataset. Station distances are straight-line distances between representative coordinates.

Published land transaction examples (2024)

DateNeighborhoodPriceAreaPrice / m²Zoning
2024-10MishoJPY 6.7M145.0 m²JPY 45,375 / m²JPY 45.375K / m²Category I residential zone
2024-10MishoJPY 15M380.0 m²JPY 39,325 / m²JPY 39.325K / m²Category I residential zone
2024-10MishoJPY 28M960.0 m²JPY 29,040 / m²JPY 29.04K / m²Quasi-industrial zone
2024-10MishoJPY 6M300.0 m²JPY 19,965 / m²JPY 19.965K / m²Quasi-industrial zone
2024-01MishoJPY 13M260.0 m²JPY 48,400 / m²JPY 48.4K / m²Industrial zone

Land prices by direction from the station

DirectionNeighborhoodsPublic samplesMedian / m²
NorthTawara0No data
EastMisho5JPY 39,325 / m²JPY 39.325K / m²
WestMochikuni0No data

Directions use each neighborhood representative point relative to the station. They do not classify individual transaction coordinates.