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 Apr, 2018 to Jun, 2018 was 266,717 JPY/sq.m. The market value represents a decrease of 146,178 JPY (-35.4%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents an increase of 3 (+42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 224.5 sq.m (a +8.8% increase compared to the 206.4 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.

1 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased. Sakasegawa 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 +35.4% compared to last year; a sq.m unit now costs 135,380 JPY/sq.m.

The top 1 stations has seen prices increase +35.4% (+35,380 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -40.5% (-181,818 JPY/sq.m).

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 28.6% of total transactions in 2017 and 20.0% of total transactions in 2018)

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 368,518 JPY/sq.m. The market value represents a decrease of 63,914 JPY (-14.8%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) 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 135,380 JPY/sq.m. The market value represents an increase of 35,380 JPY (+35.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2018)1 year ago2 years ago
Takaraduka--159,762 JPY (0.0Y/150.0sq.m)
Takaradukaminamiguchi225,356 JPY (0.0Y/165.0sq.m)258,823 JPY (0.0Y/85.0sq.m)180,498 JPY (0.0Y/187.5sq.m)
Sakasegawa135,380 JPY (0.0Y/351.7sq.m)100,000 JPY (0.0Y/180.0sq.m)122,224 JPY (0.0Y/206.2sq.m)
Obayashi--113,042 JPY (0.0Y/83.3sq.m)
Nigawa--219,050 JPY (0.0Y/184.0sq.m)
Koutouenn368,518 JPY (0.0Y/191.7sq.m)432,432 JPY (0.0Y/185.0sq.m)294,296 JPY (0.0Y/202.5sq.m)
Monndoyakujinn438,095 JPY (0.0Y/210.0sq.m)-357,576 JPY (0.0Y/220.0sq.m)
Nishinomiyakitaguchi266,666 JPY (0.0Y/75.0sq.m)448,484 JPY (0.0Y/222.5sq.m)326,200 JPY (0.0Y/137.0sq.m)
Hannshinnkokudou---
Imadu-601,020 JPY (0.0Y/275.0sq.m)308,421 JPY (0.0Y/97.5sq.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

Sakasegawa135,380 JPY/sq.m (+35% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 135,380 JPY/sq.m. The market value represents an increase of 35,380 JPY (+35.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 351.7 sq.m (a +95.4% increase compared to the 180.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2017 and 15.7 min in 2018; -47.8%)

Nishinomiyakitaguchi266,666 JPY/sq.m (-41% compared with the previous year)

The average price of a sq.m Land of Nishinomiyakitaguchi was 266,666 JPY/sq.m. The market value represents a decrease of 181,818 JPY (-40.5%) 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 75.0 sq.m (a -66.3% decrease compared to the 222.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2017 and 16.0 min in 2018; +166.7%)

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)