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, 2018 to Sep, 2018 was 221,155 JPY/sq.m. The market value represents a decrease of 958 JPY (-0.4%) compared to 1 year ago and a transition to a slight market. 24 properties exchanged hands ( The market value represents an increase of 4 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 224.8 sq.m (a +13.8% increase compared to the 197.5 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; 4 stations have experienced decreased prices. The overall trend was the same as last year. Sakasegawa, Nishinomiyakitaguchi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Takaraduka station, where prices have increased +617.0% compared to last year; a sq.m unit now costs 219,473 JPY/sq.m.

The top 2 stations has seen prices increase +334.5% (+134,746 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -47.7% (-130,366 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 12.8 min in 2017 and 11.0 min in 2018; -14.1%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.0% of total transactions in 2017 and 16.7% 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 Nishinomiyakitaguchi, the highest market value along this railway was 441,026 JPY/sq.m. The market value represents an increase of 92,363 JPY (+26.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Obayashi, the lowest market value along this railway was 85,526 JPY/sq.m. The market value represents a decrease of 69,019 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2018)1 year ago2 years ago
Takaraduka219,473 JPY (0.0Y/415.0sq.m)30,612 JPY (0.0Y/490.0sq.m)159,375 JPY (0.0Y/220.0sq.m)
Takaradukaminamiguchi223,492 JPY (0.0Y/123.3sq.m)237,037 JPY (0.0Y/270.0sq.m)-
Sakasegawa235,374 JPY (0.0Y/170.0sq.m)154,744 JPY (0.0Y/200.0sq.m)120,482 JPY (0.0Y/245.0sq.m)
Obayashi85,526 JPY (0.0Y/760.0sq.m)154,545 JPY (0.0Y/220.0sq.m)119,590 JPY (0.0Y/296.7sq.m)
Nigawa176,824 JPY (0.0Y/190.0sq.m)158,699 JPY (0.0Y/176.2sq.m)300,000 JPY (0.0Y/270.0sq.m)
Koutouenn190,476 JPY (0.0Y/105.0sq.m)281,766 JPY (0.0Y/159.2sq.m)-
Monndoyakujinn186,666 JPY (0.0Y/75.0sq.m)378,378 JPY (0.0Y/370.0sq.m)255,000 JPY (0.0Y/125.0sq.m)
Nishinomiyakitaguchi441,026 JPY (0.0Y/122.5sq.m)348,662 JPY (0.0Y/70.0sq.m)238,461 JPY (0.0Y/130.0sq.m)
Hannshinnkokudou---
Imadu---

*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

Takaraduka219,473 JPY/sq.m (+617% compared with the previous year)

The average price of a sq.m Land of Takaraduka was 219,473 JPY/sq.m. The market value represents an increase of 188,861 JPY (+617.0%) 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 415.0 sq.m (a -15.3% decrease compared to the 490.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.0 min in 2017 and 6.5 min in 2018; -65.8%)

Sakasegawa235,374 JPY/sq.m (+52% compared with the previous year)

The average price of a sq.m Land of Sakasegawa was 235,374 JPY/sq.m. The market value represents an increase of 80,630 JPY (+52.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 170.0 sq.m (a -15.0% decrease compared to the 200.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 18.0 min in 2017 and 14.8 min in 2018; -17.8%)

Monndoyakujinn186,666 JPY/sq.m (-51% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 186,666 JPY/sq.m. The market value represents a decrease of 191,712 JPY (-50.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 75.0 sq.m (a -79.7% decrease compared to the 370.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2017 and 19.0 min in 2018; +137.5%)

Obayashi85,526 JPY/sq.m (-45% compared with the previous year)

The average price of a sq.m Land of Obayashi was 85,526 JPY/sq.m. The market value represents a decrease of 69,019 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 760.0 sq.m (a +245.5% increase compared to the 220.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.0 min in 2017 and 10.0 min in 2018; -33.3%)

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)