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 Apr, 2016 to Jun, 2016 was 225,541 JPY/sq.m. The market value represents a decrease of 33,295 JPY (-12.9%) compared to 1 year ago and a transition to a weak market. 28 properties exchanged hands ( The market value represents an increase of 12 (+75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 162.3 sq.m (a -15.4% decrease compared to the 191.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

2 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased. Monndoyakujinn station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Sakasegawa station, where prices have decreased -33.3% compared to last year; a sq.m unit now costs 122,224 JPY/sq.m.

The top 1 stations has seen prices increase +1.4% (+3,039 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -33.3% (-61,109 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 14.0 min in 2015 and 12.5 min in 2016; -10.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.2% of total transactions in 2015 and 10.7% 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

Top

Land stations market overview

The average price of a sq.m Land of Monndoyakujinn, the highest market value along this railway was 357,576 JPY/sq.m. The market value represents a decrease of 4,852 JPY (-1.3%) compared to 1 year ago and a transition to a slight market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) 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 113,042 JPY/sq.m. The market value represents a decrease of 23,513 JPY (-17.2%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands ( The market value represents an increase 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(2016)1 year ago2 years ago
Takaraduka159,762 JPY (0.0Y/150.0sq.m)-82,436 JPY (0.0Y/172.5sq.m)
Takaradukaminamiguchi180,498 JPY (0.0Y/187.5sq.m)--
Sakasegawa122,224 JPY (0.0Y/206.2sq.m)183,333 JPY (0.0Y/180.0sq.m)139,776 JPY (0.0Y/95.0sq.m)
Obayashi113,042 JPY (0.0Y/83.3sq.m)136,556 JPY (0.0Y/215.0sq.m)-
Nigawa219,050 JPY (0.0Y/184.0sq.m)216,011 JPY (0.0Y/132.5sq.m)127,586 JPY (0.0Y/290.0sq.m)
Koutouenn294,296 JPY (0.0Y/202.5sq.m)-357,894 JPY (0.0Y/95.0sq.m)
Monndoyakujinn357,576 JPY (0.0Y/220.0sq.m)362,428 JPY (0.0Y/138.3sq.m)227,174 JPY (0.0Y/287.5sq.m)
Nishinomiyakitaguchi326,200 JPY (0.0Y/137.0sq.m)325,392 JPY (0.0Y/312.5sq.m)-
Hannshinnkokudou---
Imadu308,421 JPY (0.0Y/97.5sq.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.

Top

Noteworthy stations

Nigawa219,050 JPY/sq.m (+1% compared with the previous year)

The average price of a sq.m Land of Nigawa was 219,050 JPY/sq.m. The market value represents an increase of 3,039 JPY (+1.4%) compared to 1 year ago and a transition to a slight market. 5 properties exchanged hands ( The market value represents a decrease of 1 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 184.0 sq.m (a +38.9% increase compared to the 132.5 sq.m of last year.).

Sakasegawa122,224 JPY/sq.m (-33% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 122,224 JPY/sq.m. The market value represents a decrease of 61,109 JPY (-33.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 206.2 sq.m (a +14.6% increase compared to the 180.0 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 21.0 min in 2016; -30.0%)

Breakdown of each segment

Station:   Segment:

Top

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)