Hankyu Imazu Line railway market report

Hankyu Imazu Line Land market overview

The average price of a sq.m Land of Hankyu Imazu Line (Takaraduka to Imadu), in Oct, 2015 to Dec, 2015 was 204,812 JPY/sq.m. The market value represents a decrease of 31,022 JPY (-13.2%) compared to 1 year ago and a transition to a weak market. 14 properties exchanged hands ( The market value represents a decrease of 5 (-26.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 161.4 sq.m (a -14.2% decrease compared to the 188.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

2 stations have experienced increased prices; 5 stations have experienced decreased prices. Market value of most stations decreased. Koutouenn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Koutouenn station, where prices have increased +94.5% compared to last year; a sq.m unit now costs 370,000 JPY/sq.m.

The top 2 stations has seen prices increase +53.7% (+106,513 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -57.6% (-137,568 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.5 min in 2014 and 14.3 min in 2015; +36.4%)

Breakdown of each segment

The table below shows Land dealt in Hankyu Imazu 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 Koutouenn, the highest market value along this railway was 370,000 JPY/sq.m. The market value represents an increase of 179,805 JPY (+94.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Takaradukaminamiguchi, the lowest market value along this railway was 69,444 JPY/sq.m. The market value represents a decrease of 165,028 JPY (-70.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2015)1 year ago2 years ago
Takaraduka-263,590 JPY (0.0Y/140.0sq.m)174,358 JPY (0.0Y/195.0sq.m)
Takaradukaminamiguchi69,444 JPY (0.0Y/360.0sq.m)234,472 JPY (0.0Y/255.0sq.m)180,436 JPY (0.0Y/405.0sq.m)
Sakasegawa119,553 JPY (0.0Y/183.3sq.m)158,974 JPY (0.0Y/415.0sq.m)159,798 JPY (0.0Y/122.5sq.m)
Obayashi136,363 JPY (0.0Y/220.0sq.m)-124,737 JPY (0.0Y/460.7sq.m)
Nigawa135,483 JPY (0.0Y/155.0sq.m)245,591 JPY (0.0Y/161.7sq.m)134,325 JPY (0.0Y/360.0sq.m)
Koutouenn370,000 JPY (0.0Y/100.0sq.m)190,195 JPY (0.0Y/108.3sq.m)262,619 JPY (0.0Y/155.0sq.m)
Monndoyakujinn187,142 JPY (0.0Y/167.5sq.m)282,051 JPY (0.0Y/170.0sq.m)148,752 JPY (0.0Y/193.8sq.m)
Nishinomiyakitaguchi292,625 JPY (0.0Y/111.2sq.m)259,404 JPY (0.0Y/136.2sq.m)297,272 JPY (0.0Y/77.5sq.m)
Hannshinnkokudou--245,714 JPY (0.0Y/350.0sq.m)
Imadu252,631 JPY (0.0Y/95.0sq.m)257,692 JPY (0.0Y/260.0sq.m)264,653 JPY (0.0Y/118.3sq.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

Koutouenn370,000 JPY/sq.m (+95% compared with the previous year)

The average price of a sq.m Land of Koutouenn was 370,000 JPY/sq.m. The market value represents an increase of 179,805 JPY (+94.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -7.7% decrease compared to the 108.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.3 min in 2014 and 11.0 min in 2015; +32.0%)

Nishinomiyakitaguchi292,625 JPY/sq.m (+13% compared with the previous year)

The average price of a sq.m Land of Nishinomiyakitaguchi was 292,625 JPY/sq.m. The market value represents an increase of 33,221 JPY (+12.8%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 111.2 sq.m (a -18.3% decrease compared to the 136.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.8 min in 2014 and 10.0 min in 2015; -27.3%)

Takaradukaminamiguchi69,444 JPY/sq.m (-70% compared with the previous year)

The average price of a sq.m Land of Takaradukaminamiguchi was 69,444 JPY/sq.m. The market value represents a decrease of 165,028 JPY (-70.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 360.0 sq.m (a +41.2% increase compared to the 255.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.5 min in 2014 and 11.0 min in 2015; +29.4%)

Nigawa135,483 JPY/sq.m (-45% compared with the previous year)

The average price of a sq.m Land of Nigawa was 135,483 JPY/sq.m. The market value represents a decrease of 110,108 JPY (-44.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 155.0 sq.m (a -4.1% decrease compared to the 161.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2014 and 25.0 min in 2015; +177.8%)

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)