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 Jan, 2015 to Dec, 2015 was 234,849 JPY/sq.m. The market value represents an increase of 12,700 JPY (+5.7%) compared to 1 year ago and a transition to a strong market. 71 properties exchanged hands ( The market value represents an increase of 11 (+18.3%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 240.4 sq.m (a +15.4% increase compared to the 208.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

4 stations have experienced increased prices; 5 stations have experienced decreased prices. The overall trend was the same as last year. Monndoyakujinn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Monndoyakujinn station, where prices have increased +33.2% compared to last year; a sq.m unit now costs 318,446 JPY/sq.m.

The top 2 stations has seen prices increase +24.2% (+49,778 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -31.7% (-62,946 JPY/sq.m).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.7% of total transactions in 2014 and 7.0% of total transactions in 2015)

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 Monndoyakujinn, the highest market value along this railway was 318,446 JPY/sq.m. The market value represents an increase of 79,328 JPY (+33.2%) compared to 1 year ago and a transition to a dramatic market. 11 properties exchanged hands ( The market value represents an increase of 6 (+120.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Obayashi, the lowest market value along this railway was 124,942 JPY/sq.m. The market value represents a decrease of 61,248 JPY (-32.9%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 6 (+300.0%) 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
Takaraduka153,220 JPY (0.0Y/1081.2sq.m)132,992 JPY (0.0Y/228.3sq.m)93,187 JPY (0.0Y/300.4sq.m)
Takaradukaminamiguchi147,592 JPY (0.0Y/240.0sq.m)212,236 JPY (0.0Y/255.0sq.m)198,760 JPY (0.0Y/453.5sq.m)
Sakasegawa140,440 JPY (0.0Y/181.7sq.m)190,708 JPY (0.0Y/271.7sq.m)172,910 JPY (0.0Y/168.3sq.m)
Obayashi124,942 JPY (0.0Y/220.6sq.m)186,190 JPY (0.0Y/102.5sq.m)143,494 JPY (0.0Y/432.7sq.m)
Nigawa196,666 JPY (0.0Y/130.0sq.m)187,362 JPY (0.0Y/237.7sq.m)184,031 JPY (0.0Y/225.7sq.m)
Koutouenn249,322 JPY (0.0Y/100.8sq.m)264,330 JPY (0.0Y/204.2sq.m)260,093 JPY (0.0Y/221.0sq.m)
Monndoyakujinn318,446 JPY (0.0Y/155.9sq.m)239,118 JPY (0.0Y/218.0sq.m)253,193 JPY (0.0Y/182.1sq.m)
Nishinomiyakitaguchi309,370 JPY (0.0Y/159.4sq.m)308,018 JPY (0.0Y/117.0sq.m)295,386 JPY (0.0Y/498.8sq.m)
Hannshinnkokudou194,871 JPY (0.0Y/1195.0sq.m)-257,118 JPY (0.0Y/258.8sq.m)
Imadu226,316 JPY (0.0Y/80.0sq.m)257,692 JPY (0.0Y/260.0sq.m)224,446 JPY (0.0Y/270.0sq.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

Monndoyakujinn318,446 JPY/sq.m (+33% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 318,446 JPY/sq.m. The market value represents an increase of 79,328 JPY (+33.2%) compared to 1 year ago and a transition to a dramatic market. 11 properties exchanged hands ( The market value represents an increase of 6 (+120.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 155.9 sq.m (a -28.5% decrease compared to the 218.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.0 min in 2014 and 8.6 min in 2015; -38.3%)

Takaraduka153,220 JPY/sq.m (+15% compared with the previous year)

The average price of a sq.m Land of Takaraduka was 153,220 JPY/sq.m. The market value represents an increase of 20,227 JPY (+15.2%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 1081.2 sq.m (a +373.5% increase compared to the 228.3 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 10.8 min in 2014 and 12.2 min in 2015; +13.7%)

Obayashi124,942 JPY/sq.m (-33% compared with the previous year)

The average price of a sq.m Land of Obayashi was 124,942 JPY/sq.m. The market value represents a decrease of 61,248 JPY (-32.9%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 6 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 220.6 sq.m (a +115.2% increase compared to the 102.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2014 and 9.9 min in 2015; +23.4%)

Takaradukaminamiguchi147,592 JPY/sq.m (-30% compared with the previous year)

The average price of a sq.m Land of Takaradukaminamiguchi was 147,592 JPY/sq.m. The market value represents a decrease of 64,644 JPY (-30.5%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 240.0 sq.m (a -5.9% decrease compared to the 255.0 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 7.5 min in 2014 and 8.3 min in 2015; +11.1%)

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)