[Nagoya / Nagoya Municipal Subway Higashiyama Line] Which station should you buy a condo at? A thorough comparison of market prices for used condos, asset value, and livability across all 15 stations (21-page PDF)
You want to buy a condo along the Nagoya Municipal Higashiyama Line. But you cannot decide which station to buy at. This book is a station-selection guide for those people.
Kakuozan and Motoyama are long-established residential areas spreading over the hills. Shopping streets continue along the approach to the temple, and elementary schools are nearby, so children can walk alone. If you go east to Hoshigaoka, the greenery increases, and if you go to Fujigaoka, it takes on the face of a suburb where detached houses and condos mix. Conversely, if you go back west, there are three consecutive city-center stations—Nagoya, Fushimi, and Sakae—where you can walk to your workplace. Even though they are lined up on the same subway line, the content of the 15 stations is completely different. Yet, property websites allow you to compare rooms, but not stations.
Therefore, for all 15 stations on the Nagoya Municipal Subway Higashiyama Line (Nagoya to Fujigaoka) (Nagoya, Fushimi, Sakae, Shinsakae-machi, Chikusa, Imaike, Ikeshita, Kakuozan, Motoyama, Higashiyama Koen, Hoshigaoka, Issha, Kamiyashiro, Hongo, and Fujigaoka), I have compiled only the numbers necessary for station selection into one book, aggregating 7,495 actual transactions registered with the government and public statistics.
First, I have written the conclusion.
"If you want to buy cheap," "If you want asset value," "If you want livability." I answer these three questions by naming stations on the first page of the main text. I do not use evasive tactics like "Every station has its merits" or "In the end, it depends on your own values."
For example, taking the median price converted to 70㎡, if you pick the cheapest station—it is 30.8 million yen for those under 10 years old, 27.16 million yen for those 11–25 years old, and 9.31 million yen for those 26 years or older. Even on the same Nagoya Municipal Higashiyama Line, the range your budget can reach shifts this much just by changing the station.
Since I am making definitive statements, I need evidence. The figures that form the basis of the rankings—including price appreciation rates, price stability, commute times, and public safety—are all disclosed for each station on the following pages. Those who prioritize different points can look there and rearrange the rankings in their own way.
Daring to reduce the number of pages to be concise.
The main text is 21 pages long. I could make it as thick as I wanted by packing in data, but the reader's time does not increase. I kept it to a thickness that can be read during breaks in property hunting or on the commute, leaving only information that is effective for decision-making.
There are only three chapters: "Price → Asset Value → Livability," so it makes sense even if you read from the chapter you are interested in. Even if you open it from a page in the middle, you can grasp the meaning from that part alone.
Structure and design that are easy to read even for real estate amateurs.
I have used almost no technical jargon. I place only one message and one chart on each page. The tables and numbers are arranged so that you can see at a glance which station is higher or lower.
The author is someone who works professionally on creating management meeting materials and IR materials for listed companies. Since I create materials for decision-making with a limited number of pages on a daily basis, I have brought that methodology here as is.
Contents | Price, Asset Value, and Livable Stations
Price: A list of prices by station and building age. Where your current budget can reach.
Asset Value: Stations that are hard to drop in price, stations that have grown in the last few years, stations that are easy to sell, stations that will change in the future, and overall rankings.
Livability: Station scale, commuting, child-rearing, shopping, future population, public safety, disaster risk, and overall rankings.
Stations with fewer than 8 transactions are not included in the rankings. This is because when the number of cases is small, the median is prone to fluctuation, and the rankings can easily change. However, instead of dropping them, I have included all of them as gray "reference" items. Pages containing estimates are marked, and I have written separately where the actual measurements end and where the calculations begin.
A small introduction to the contents (5 pages from the 21-page main text)
It is a slide-format PDF, and all pages look like this. *The values in the preview have been mosaicked.





Frequently Asked Questions
Q1. Can I use this if my budget isn't set yet? Since we include a price list by station and building age, you can reverse-search to see "which station and building age are within reach for this budget." The rankings are on the first page of the main text, but if you have already decided on your workplace, it should be faster to start from this list.
Q2. Where do the numbers come from? Core data such as market prices, land prices, population, and public safety are from official sources like the Ministry of Land, Infrastructure, Transport and Tourism's real estate transaction and contract price information, official land price announcements, future projections from the National Institute of Population and Social Security Research, and crime statistics from the Aichi Prefectural Police. Information on city facilities and redevelopment plans is supplemented by public documents from operators and local governments, as well as OpenStreetMap data, with sources clearly stated on each page. While all this data is publicly available, it takes a considerable amount of effort to sort 7,495 transactions by station and building age, and to collect and cross-reference data for all 15 stations, including facilities within a 1km radius and population meshes. This book takes on that effort for you.
Q3. As of when is the market price data? The data is aggregated as of July 2026 (the reference date for station-specific data is noted at the end of the book). Current purchase prices are based on the last two years (2024–2025), and asset values are based on transactions from 2021–2025. Only the appreciation rate compares 2019–2021 with 2023–2025.
Q4. Can this be used for investment purposes? This book is a comparison for actual demand (people who will live in the property themselves). It does not guarantee investment decisions.
Q5. I also want to know about nursery schools and school districts. We list the number of licensed nursery schools, elementary schools, and pediatric clinics within 1km of each station. Since school districts are determined by address, please check the local government's school district map for final confirmation.
More detailed information on nursery school hunting by station is available on our sister account, "Ano-Eki Hokatsu Note." Please be sure to check it out. (We are adding more stations one after another, so if your station is not yet listed, please follow us and wait for updates.)
Please download the PDF from the paid section after purchasing the article.
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