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 Jul, 2017 to Sep, 2017 was 222,113 JPY/sq.m. The market value represents an increase of 52,274 JPY (+30.8%) compared to 1 year ago and a transition to a dramatic market. 20 properties exchanged hands ( The market value represents an increase of 7 (+53.8%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 197.5 sq.m (a -13.3% decrease compared to the 227.7 sq.m of last year.).

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

4 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was the same as last year. Sakasegawa, Obayashi, Monndoyakujinn, Nishinomiyakitaguchi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Monndoyakujinn station, where prices have increased +48.4% compared to last year; a sq.m unit now costs 378,378 JPY/sq.m.

The top 2 stations has seen prices increase +47.3% (+116,790 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -63.9% (-135,032 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 15.8 min in 2016 and 12.8 min in 2017; -19.2%)

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 7.7% of total transactions in 2016 and 5.0% 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 Monndoyakujinn, the highest market value along this railway was 378,378 JPY/sq.m. The market value represents an increase of 123,378 JPY (+48.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Takaraduka, the lowest market value along this railway was 30,612 JPY/sq.m. The market value represents a decrease of 128,763 JPY (-80.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease 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)1 year ago2 years ago
Takaraduka30,612 JPY (0.0Y/490.0sq.m)159,375 JPY (0.0Y/220.0sq.m)-
Takaradukaminamiguchi237,037 JPY (0.0Y/270.0sq.m)--
Sakasegawa154,744 JPY (0.0Y/200.0sq.m)120,482 JPY (0.0Y/245.0sq.m)186,363 JPY (0.0Y/220.0sq.m)
Obayashi154,545 JPY (0.0Y/220.0sq.m)119,590 JPY (0.0Y/296.7sq.m)128,688 JPY (0.0Y/246.7sq.m)
Nigawa158,699 JPY (0.0Y/176.2sq.m)300,000 JPY (0.0Y/270.0sq.m)202,257 JPY (0.0Y/133.3sq.m)
Koutouenn281,766 JPY (0.0Y/159.2sq.m)-274,119 JPY (0.0Y/88.3sq.m)
Monndoyakujinn378,378 JPY (0.0Y/370.0sq.m)255,000 JPY (0.0Y/125.0sq.m)393,333 JPY (0.0Y/87.5sq.m)
Nishinomiyakitaguchi348,662 JPY (0.0Y/70.0sq.m)238,461 JPY (0.0Y/130.0sq.m)288,604 JPY (0.0Y/124.0sq.m)
Hannshinnkokudou---
Imadu--200,000 JPY (0.0Y/65.0sq.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

Monndoyakujinn378,378 JPY/sq.m (+48% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 378,378 JPY/sq.m. The market value represents an increase of 123,378 JPY (+48.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 370.0 sq.m (a +196.0% increase compared to the 125.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.0 min in 2016 and 8.0 min in 2017; -20.0%)

Nishinomiyakitaguchi348,662 JPY/sq.m (+46% compared with the previous year)

The average price of a sq.m Land of Nishinomiyakitaguchi was 348,662 JPY/sq.m. The market value represents an increase of 110,202 JPY (+46.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 70.0 sq.m (a -46.2% decrease compared to the 130.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 26.0 min in 2016 and 17.0 min in 2017; -34.6%)

Takaraduka30,612 JPY/sq.m (-81% compared with the previous year)

The average price of a sq.m Land of Takaraduka was 30,612 JPY/sq.m. The market value represents a decrease of 128,763 JPY (-80.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 490.0 sq.m (a +122.7% increase compared to the 220.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.5 min in 2016 and 19.0 min in 2017; +100.0%)

Nigawa158,699 JPY/sq.m (-47% compared with the previous year)

The average price of a sq.m Land of Nigawa was 158,699 JPY/sq.m. The market value represents a decrease of 141,301 JPY (-47.1%) 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 176.2 sq.m (a -34.7% decrease compared to the 270.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2016 and 10.8 min in 2017; +258.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2016 and 25.0% 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)