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, 2016 to Mar, 2016 was 213,145 JPY/sq.m. The market value represents a decrease of 13,342 JPY (-5.9%) compared to 1 year ago and a transition to a bear market. 25 properties exchanged hands ( The market value represents an increase of 2 (+8.7%) compared to 1 year ago and a transition to a strong market.).

The average size of the real estate was 266.8 sq.m (a -33.7% decrease compared to the 402.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

3 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Obayashi, Nigawa, Koutouenn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Obayashi station, where prices have increased +89.5% compared to last year; a sq.m unit now costs 193,333 JPY/sq.m.

The top 2 stations has seen prices increase +81.0% (+100,609 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -32.9% (-61,811 JPY/sq.m).

Causes of price decreases

  • An increase in average distance from the station (representing 11.7 min in 2015 and 13.1 min in 2016; +12.2%)
  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.3% of total transactions in 2015 and 4.0% of total transactions in 2016)

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 Nishinomiyakitaguchi, the highest market value along this railway was 313,811 JPY/sq.m. The market value represents a decrease of 16,901 JPY (-5.1%) compared to 1 year ago and a transition to a bear market. 3 properties exchanged hands ( The market value represents a decrease of 2 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Sakasegawa, the lowest market value along this railway was 66,949 JPY/sq.m. The market value represents a decrease of 47,336 JPY (-41.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2016)1 year ago2 years ago
Takaraduka-153,220 JPY (0.0Y/1081.2sq.m)99,749 JPY (0.0Y/315.0sq.m)
Takaradukaminamiguchi171,342 JPY (0.0Y/292.5sq.m)186,666 JPY (0.0Y/180.0sq.m)-
Sakasegawa66,949 JPY (0.0Y/910.0sq.m)114,285 JPY (0.0Y/140.0sq.m)118,181 JPY (0.0Y/330.0sq.m)
Obayashi193,333 JPY (0.0Y/150.0sq.m)102,000 JPY (0.0Y/187.5sq.m)186,190 JPY (0.0Y/102.5sq.m)
Nigawa165,658 JPY (0.0Y/193.3sq.m)125,000 JPY (0.0Y/80.0sq.m)204,069 JPY (0.0Y/273.3sq.m)
Koutouenn261,670 JPY (0.0Y/135.0sq.m)151,786 JPY (0.0Y/120.0sq.m)267,463 JPY (0.0Y/188.8sq.m)
Monndoyakujinn237,380 JPY (0.0Y/237.5sq.m)313,667 JPY (0.0Y/197.5sq.m)177,142 JPY (0.0Y/175.0sq.m)
Nishinomiyakitaguchi313,811 JPY (0.0Y/111.7sq.m)330,712 JPY (0.0Y/111.0sq.m)393,333 JPY (0.0Y/90.0sq.m)
Hannshinnkokudou-194,871 JPY (0.0Y/1195.0sq.m)-
Imadu227,462 JPY (0.0Y/108.3sq.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

Obayashi193,333 JPY/sq.m (+90% compared with the previous year)

The average price of a sq.m Land of Obayashi was 193,333 JPY/sq.m. The market value represents an increase of 91,333 JPY (+89.5%) 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 150.0 sq.m (a -20.0% decrease compared to the 187.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.0 min in 2015 and 8.0 min in 2016; -27.3%)

Koutouenn261,670 JPY/sq.m (+72% compared with the previous year)

The average price of a sq.m Land of Koutouenn was 261,670 JPY/sq.m. The market value represents an increase of 109,884 JPY (+72.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 135.0 sq.m (a +12.5% increase compared to the 120.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.0 min in 2015 and 14.8 min in 2016; +22.9%)

Sakasegawa66,949 JPY/sq.m (-41% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 66,949 JPY/sq.m. The market value represents a decrease of 47,336 JPY (-41.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 910.0 sq.m (a +550.0% increase compared to the 140.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2015 and 23.0 min in 2016; -23.3%)

Monndoyakujinn237,380 JPY/sq.m (-24% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 237,380 JPY/sq.m. The market value represents a decrease of 76,287 JPY (-24.3%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 237.5 sq.m (a +20.3% increase compared to the 197.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 15.5 min in 2016; +93.8%)

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)