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 Dec, 2016 was 207,492 JPY/sq.m. The market value represents a decrease of 27,357 JPY (-11.6%) compared to 1 year ago and a transition to a weak market. 92 properties exchanged hands ( The market value represents an increase of 21 (+29.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 226.0 sq.m (a -6.0% decrease compared to the 240.4 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.

6 stations have experienced increased prices; 3 stations have experienced decreased prices. The overall trend was toward increased prices. Takaradukaminamiguchi, Obayashi, Imadu station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Takaradukaminamiguchi station, where prices have increased +19.2% compared to last year; a sq.m unit now costs 175,920 JPY/sq.m.

The top 2 stations has seen prices increase +17.0% (+30,929 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -12.8% (-28,117 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.0% of total transactions in 2015 and 8.7% of total transactions in 2016)

Causes of price decreases

  • An increase in average distance from the station (representing 12.0 min in 2015 and 13.4 min in 2016; +12.2%)

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 312,394 JPY/sq.m. The market value represents an increase of 3,024 JPY (+1.0%) compared to 1 year ago and a transition to a slight market. 10 properties exchanged hands ( The market value represents a decrease of 8 (-44.4%) 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 120,421 JPY/sq.m. The market value represents a decrease of 20,019 JPY (-14.3%) compared to 1 year ago and a transition to a weak market. 21 properties exchanged hands ( The market value represents an increase of 15 (+250.0%) 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
Takaraduka148,120 JPY (0.0Y/162.5sq.m)153,220 JPY (0.0Y/1081.2sq.m)132,992 JPY (0.0Y/228.3sq.m)
Takaradukaminamiguchi175,920 JPY (0.0Y/240.0sq.m)147,592 JPY (0.0Y/240.0sq.m)212,236 JPY (0.0Y/255.0sq.m)
Sakasegawa120,421 JPY (0.0Y/408.6sq.m)140,440 JPY (0.0Y/181.7sq.m)190,708 JPY (0.0Y/271.7sq.m)
Obayashi142,729 JPY (0.0Y/171.1sq.m)124,942 JPY (0.0Y/220.6sq.m)186,190 JPY (0.0Y/102.5sq.m)
Nigawa201,589 JPY (0.0Y/226.4sq.m)196,666 JPY (0.0Y/130.0sq.m)187,362 JPY (0.0Y/237.7sq.m)
Koutouenn270,823 JPY (0.0Y/145.5sq.m)249,322 JPY (0.0Y/100.8sq.m)264,330 JPY (0.0Y/204.2sq.m)
Monndoyakujinn282,230 JPY (0.0Y/191.4sq.m)318,446 JPY (0.0Y/155.9sq.m)239,118 JPY (0.0Y/218.0sq.m)
Nishinomiyakitaguchi312,394 JPY (0.0Y/126.5sq.m)309,370 JPY (0.0Y/159.4sq.m)308,018 JPY (0.0Y/117.0sq.m)
Hannshinnkokudou-194,871 JPY (0.0Y/1195.0sq.m)-
Imadu259,846 JPY (0.0Y/104.0sq.m)226,316 JPY (0.0Y/80.0sq.m)257,692 JPY (0.0Y/260.0sq.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

Takaradukaminamiguchi175,920 JPY/sq.m (+19% compared with the previous year)

The average price of a sq.m Land of Takaradukaminamiguchi was 175,920 JPY/sq.m. The market value represents an increase of 28,328 JPY (+19.2%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) 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 +0.0% decrease compared to the 240.0 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 8.3 min in 2015 and 9.8 min in 2016; +17.0%)

Imadu259,846 JPY/sq.m (+15% compared with the previous year)

The average price of a sq.m Land of Imadu was 259,846 JPY/sq.m. The market value represents an increase of 33,530 JPY (+14.8%) compared to 1 year ago and a transition to a bull market. 5 properties exchanged hands ( The market value represents an increase of 3 (+150.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 104.0 sq.m (a +30.0% increase compared to the 80.0 sq.m of last year.).

Sakasegawa120,421 JPY/sq.m (-14% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 120,421 JPY/sq.m. The market value represents a decrease of 20,019 JPY (-14.3%) compared to 1 year ago and a transition to a weak market. 21 properties exchanged hands ( The market value represents an increase of 15 (+250.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 408.6 sq.m (a +124.9% increase compared to the 181.7 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 22.8 min in 2015 and 18.5 min in 2016; -19.1%)

Monndoyakujinn282,230 JPY/sq.m (-11% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 282,230 JPY/sq.m. The market value represents a decrease of 36,216 JPY (-11.4%) compared to 1 year ago and a transition to a weak market. 14 properties exchanged hands ( The market value represents an increase of 3 (+27.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 191.4 sq.m (a +22.8% increase compared to the 155.9 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.6 min in 2015 and 12.9 min in 2016; +49.7%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.2% of total transactions in 2015 and 14.3% of total transactions in 2016)

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)