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, 2017 to Mar, 2017 was 252,989 JPY/sq.m. The market value represents an increase of 39,844 JPY (+18.7%) compared to 1 year ago and a transition to a bull market. 17 properties exchanged hands ( The market value represents a decrease of 8 (-32.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 237.1 sq.m (a -11.1% decrease compared to the 266.8 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; 2 stations have experienced decreased prices. The overall trend was the same as last year. Koutouenn, Monndoyakujinn, Imadu station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Sakasegawa station, where prices have increased +221.2% compared to last year; a sq.m unit now costs 215,050 JPY/sq.m.

The top 2 stations has seen prices increase +125.7% (+113,625 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -12.2% (-28,901 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.1 min in 2016 and 8.8 min in 2017; -33.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 4.0% of total transactions in 2016 and 17.6% of total transactions in 2017)

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 Koutouenn, the highest market value along this railway was 340,820 JPY/sq.m. The market value represents an increase of 79,151 JPY (+30.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Nigawa, the lowest market value along this railway was 145,000 JPY/sq.m. The market value represents a decrease of 20,658 JPY (-12.5%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2017)1 year ago2 years ago
Takaraduka145,294 JPY (0.0Y/92.5sq.m)-153,220 JPY (0.0Y/1081.2sq.m)
Takaradukaminamiguchi-171,342 JPY (0.0Y/292.5sq.m)186,666 JPY (0.0Y/180.0sq.m)
Sakasegawa215,050 JPY (0.0Y/180.0sq.m)66,949 JPY (0.0Y/910.0sq.m)114,285 JPY (0.0Y/140.0sq.m)
Obayashi-193,333 JPY (0.0Y/150.0sq.m)102,000 JPY (0.0Y/187.5sq.m)
Nigawa145,000 JPY (0.0Y/200.0sq.m)165,658 JPY (0.0Y/193.3sq.m)125,000 JPY (0.0Y/80.0sq.m)
Koutouenn340,820 JPY (0.0Y/160.0sq.m)261,670 JPY (0.0Y/135.0sq.m)151,786 JPY (0.0Y/120.0sq.m)
Monndoyakujinn284,936 JPY (0.0Y/123.3sq.m)237,380 JPY (0.0Y/237.5sq.m)313,667 JPY (0.0Y/197.5sq.m)
Nishinomiyakitaguchi276,666 JPY (0.0Y/735.0sq.m)313,811 JPY (0.0Y/111.7sq.m)330,712 JPY (0.0Y/111.0sq.m)
Hannshinnkokudou--194,871 JPY (0.0Y/1195.0sq.m)
Imadu273,089 JPY (0.0Y/97.5sq.m)227,462 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

Sakasegawa215,050 JPY/sq.m (+221% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 215,050 JPY/sq.m. The market value represents an increase of 148,100 JPY (+221.2%) compared to 1 year ago and a transition to a dramatic 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 size of the real estate was 180.0 sq.m (a -80.2% decrease compared to the 910.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 23.0 min in 2016 and 8.5 min in 2017; -63.0%)

Koutouenn340,820 JPY/sq.m (+30% compared with the previous year)

The average price of a sq.m Land of Koutouenn was 340,820 JPY/sq.m. The market value represents an increase of 79,151 JPY (+30.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 160.0 sq.m (a +18.5% increase compared to the 135.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 14.8 min in 2016 and 12.0 min in 2017; -18.6%)

Nigawa145,000 JPY/sq.m (-12% compared with the previous year)

The average price of a sq.m Land of Nigawa was 145,000 JPY/sq.m. The market value represents a decrease of 20,658 JPY (-12.5%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 200.0 sq.m (a +3.4% increase compared to the 193.3 sq.m of last year.).

Nishinomiyakitaguchi276,666 JPY/sq.m (-12% compared with the previous year)

The average price of a sq.m Land of Nishinomiyakitaguchi was 276,666 JPY/sq.m. The market value represents a decrease of 37,144 JPY (-11.8%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 735.0 sq.m (a +558.2% increase compared to the 111.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.7 min in 2016 and 10.7 min in 2017; +23.1%)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2016 and 33.3% of total transactions in 2017)

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)