Hankyu Imazu Line railway market report

Hankyu Imazu Line Land market overview

The average price of Hankyu Imazu Line (Takaraduka to Imadu) Land, in Jul, 2016 to Sep, 2016 was 192,180 JPY/sq.m. The market value represents a decrease of 51,002 JPY (-21.0%) compared to 1 year ago and a transition to a dramatic market. 30 properties exchanged hands ( The market value represents an increase of 1 (+3.4%) compared to 1 year ago and a transition to a some market.).

The average size of the real estate was 212.3 sq.m (a +30.4% increase compared to the 162.9 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; 5 stations have experienced decreased prices. Market value of most stations decreased. Nishinomiyakitaguchi station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Takaraduka station, where prices have decreased -44.5% compared to last year; a sq.m unit now costs 134,741 JPY/sq.m.

The top 2 stations has seen prices increase +2.1% (+5,389 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -42.5% (-133,646 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.2 min in 2015 and 14.2 min in 2016; +26.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.9% of total transactions in 2015 and 3.3% of total transactions in 2016)

Land stations market overview

The average price of Nishinomiyakitaguchi Land, the highest market value along this railway was 315,660 JPY/sq.m. The market value represents a decrease of 13,733 JPY (-4.2%) compared to 1 year ago and a transition to a some market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Sakasegawa Land, the lowest market value along this railway was 120,482 JPY/sq.m. The market value represents a decrease of 35,018 JPY (-22.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Takaraduka134,741 JPYsq.m
(0.0227sq.m)
242,857 JPYsq.m
(0.0140sq.m)
95,248 JPYsq.m
(0.0215sq.m)
Takaradukaminamiguchi--148,889 JPYsq.m
(0.0235sq.m)
Sakasegawa120,482 JPYsq.m
(0.0245sq.m)
155,500 JPYsq.m
(0.0145sq.m)
187,771 JPYsq.m
(0.0168sq.m)
Obayashi125,320 JPYsq.m
(0.0236sq.m)
154,376 JPYsq.m
(0.0355sq.m)
-
Nigawa222,520 JPYsq.m
(0.0203sq.m)
218,931 JPYsq.m
(0.0135sq.m)
136,013 JPYsq.m
(0.0227sq.m)
Koutouenn285,855 JPYsq.m
(0.0125sq.m)
278,667 JPYsq.m
(0.098.8sq.m)
293,408 JPYsq.m
(0.0319sq.m)
Monndoyakujinn234,158 JPYsq.m
(0.0218sq.m)
393,334 JPYsq.m
(0.087.5sq.m)
345,019 JPYsq.m
(0.0350sq.m)
Nishinomiyakitaguchi315,660 JPYsq.m
(0.0205sq.m)
329,392 JPYsq.m
(0.0126sq.m)
270,747 JPYsq.m
(0.0322sq.m)
Hannshinnkokudou---
Imadu-200,000 JPYsq.m
(0.065.0sq.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.

Noteworthy stations

Koutouenn285,855 JPY/sq.m (+3% compared with the previous year)

The average price of Koutouenn Land was 285,855 JPY/sq.m. The market value represents an increase of 7,187 JPY (+2.6%) compared to 1 year ago and a transition to a slight 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 125.0 sq.m (a +26.6% increase compared to the 98.8 sq.m of last year.).

Nigawa222,520 JPY/sq.m (+2% compared with the previous year)

The average price of Nigawa Land was 222,520 JPY/sq.m. The market value represents an increase of 3,590 JPY (+1.6%) compared to 1 year ago and a transition to a slight market. 7 properties exchanged hands ( The market value represents an increase of 2 (+40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 202.9 sq.m (a +50.3% increase compared to the 135.0 sq.m of last year.).

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 20.0% of total transactions in 2015 and 14.3% of total transactions in 2016)

Takaraduka134,741 JPY/sq.m (-45% compared with the previous year)

The average price of Takaraduka Land was 134,741 JPY/sq.m. The market value represents a decrease of 108,116 JPY (-44.5%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 4 (+400.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 227.0 sq.m (a +62.1% increase compared to the 140.0 sq.m of last year.).

Monndoyakujinn234,158 JPY/sq.m (-40% compared with the previous year)

The average price of Monndoyakujinn Land was 234,158 JPY/sq.m. The market value represents a decrease of 159,176 JPY (-40.5%) 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 217.5 sq.m (a +148.6% increase compared to the 87.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.5 min in 2015 and 12.2 min in 2016; +44.1%)

Breakdown of each segment

Station:   Segment:

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)