Hankyu Imazu Line railway market report

Hankyu Imazu Line Land market overview

The average price of Hankyu Imazu Line (Takaraduka to Imadu) Land, in Jan, 2017 to Mar, 2017 was 221,369 JPY/sq.m. The market value represents an increase of 8,726 JPY (+4.1%) compared to 1 year ago and a transition to a some market. 39 properties exchanged hands ( The market value represents a decrease of 1 (-2.5%) compared to 1 year ago and a transition to a slight market.).

The average size of the real estate was 149.7 sq.m (a -41.4% decrease compared to the 255.4 sq.m of last year.).

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

4 stations have experienced increased prices; 5 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 +105.2% compared to last year; a sq.m unit now costs 207,420 JPY/sq.m.

The top 2 stations has seen prices increase +70.9% (+102,830 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -18.5% (-53,161 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.6 min in 2016 and 10.4 min in 2017; -23.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.5% of total transactions in 2016 and 17.9% of total transactions in 2017)

Land stations market overview

The average price of Koutouenn Land, the highest market value along this railway was 370,804 JPY/sq.m. The market value represents an increase of 99,300 JPY (+36.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 3 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Obayashi Land, the lowest market value along this railway was 136,165 JPY/sq.m. The market value represents a decrease of 502 JPY (-0.4%) compared to 1 year ago and a transition to a slight 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(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Takaraduka167,997 JPYsq.m
(0.0163sq.m)
169,546 JPYsq.m
(0.0515sq.m)
186,591 JPYsq.m
(0.0158sq.m)
Takaradukaminamiguchi162,963 JPYsq.m
(0.0135sq.m)
171,342 JPYsq.m
(0.0292sq.m)
203,233 JPYsq.m
(0.0193sq.m)
Sakasegawa207,420 JPYsq.m
(0.0127sq.m)
101,059 JPYsq.m
(0.0603sq.m)
175,758 JPYsq.m
(0.0190sq.m)
Obayashi136,165 JPYsq.m
(0.0250sq.m)
136,666 JPYsq.m
(0.0125sq.m)
101,333 JPYsq.m
(0.0265sq.m)
Nigawa172,495 JPYsq.m
(0.0209sq.m)
190,509 JPYsq.m
(0.0179sq.m)
174,029 JPYsq.m
(0.0168sq.m)
Koutouenn370,804 JPYsq.m
(0.0128sq.m)
271,504 JPYsq.m
(0.0135sq.m)
226,452 JPYsq.m
(0.0330sq.m)
Monndoyakujinn284,936 JPYsq.m
(0.0123sq.m)
235,337 JPYsq.m
(0.0222sq.m)
231,788 JPYsq.m
(0.0159sq.m)
Nishinomiyakitaguchi232,579 JPYsq.m
(0.0144sq.m)
320,887 JPYsq.m
(0.0108sq.m)
371,068 JPYsq.m
(0.0110sq.m)
Hannshinnkokudou--194,872 JPYsq.m
(0.0390sq.m)
Imadu273,089 JPYsq.m
(0.097.5sq.m)
227,463 JPYsq.m
(0.0108sq.m)
267,857 JPYsq.m
(0.0140sq.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

Sakasegawa207,420 JPY/sq.m (+105% compared with the previous year)

The average price of Sakasegawa Land was 207,420 JPY/sq.m. The market value represents an increase of 106,361 JPY (+105.2%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents an increase of 5 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 126.7 sq.m (a -79.0% decrease compared to the 603.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.4 min in 2016 and 10.3 min in 2017; -54.0%)

Koutouenn370,804 JPY/sq.m (+37% compared with the previous year)

The average price of Koutouenn Land was 370,804 JPY/sq.m. The market value represents an increase of 99,300 JPY (+36.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 3 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 128.3 sq.m (a -4.9% decrease compared to the 135.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.7 min in 2016 and 9.0 min in 2017; -34.1%)

Nishinomiyakitaguchi232,579 JPY/sq.m (-28% compared with the previous year)

The average price of Nishinomiyakitaguchi Land was 232,579 JPY/sq.m. The market value represents a decrease of 88,308 JPY (-27.5%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 1 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 144.0 sq.m (a +33.3% increase compared to the 108.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 13.0 min in 2016 and 16.3 min in 2017; +25.6%)
  • An 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 2016 and 16.7% of total transactions in 2017)

Nigawa172,495 JPY/sq.m (-9% compared with the previous year)

The average price of Nigawa Land was 172,495 JPY/sq.m. The market value represents a decrease of 18,014 JPY (-9.5%) compared to 1 year ago and a transition to a bear market. 4 properties exchanged hands ( The market value represents a decrease of 2 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 208.8 sq.m (a +16.5% increase compared to the 179.2 sq.m of last year.).


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)