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, 2018 to Dec, 2018 was 246,262 JPY/sq.m. The market value represents a decrease of 19,606 JPY (-7.4%) compared to 1 year ago and a transition to a bear market. 65 properties exchanged hands ( The market value represents an increase of 18 (+38.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 296.6 sq.m (a +39.3% increase compared to the 212.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

6 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was toward increased prices. Takaraduka 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 +61.7% compared to last year; a sq.m unit now costs 217,148 JPY/sq.m.

The top 2 stations has seen prices increase +37.6% (+62,330 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -23.2% (-46,608 JPY/sq.m).

Causes of price decreases

  • A some decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 17.0% of total transactions in 2017 and 15.4% 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 366,666 JPY/sq.m. The market value represents an increase of 8,729 JPY (+2.4%) compared to 1 year ago and a transition to a slight market. 5 properties exchanged hands ( The market value represents a decrease of 2 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Obayashi, the lowest market value along this railway was 110,711 JPY/sq.m. The market value represents a decrease of 43,834 JPY (-28.4%) 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
Takaraduka217,148 JPY (0.0Y/331.7sq.m)134,300 JPY (0.0Y/200.0sq.m)148,120 JPY (0.0Y/162.5sq.m)
Takaradukaminamiguchi224,237 JPY (0.0Y/140.0sq.m)273,620 JPY (0.0Y/211.7sq.m)175,920 JPY (0.0Y/240.0sq.m)
Sakasegawa179,833 JPY (0.0Y/252.9sq.m)164,153 JPY (0.0Y/191.4sq.m)120,421 JPY (0.0Y/408.6sq.m)
Obayashi110,711 JPY (0.0Y/333.3sq.m)154,545 JPY (0.0Y/220.0sq.m)142,729 JPY (0.0Y/171.1sq.m)
Nigawa171,359 JPY (0.0Y/479.2sq.m)155,959 JPY (0.0Y/181.0sq.m)201,589 JPY (0.0Y/226.4sq.m)
Koutouenn329,645 JPY (0.0Y/163.5sq.m)311,630 JPY (0.0Y/162.2sq.m)270,823 JPY (0.0Y/145.5sq.m)
Monndoyakujinn350,107 JPY (0.0Y/394.5sq.m)308,296 JPY (0.0Y/185.0sq.m)282,230 JPY (0.0Y/191.4sq.m)
Nishinomiyakitaguchi366,666 JPY (0.0Y/144.0sq.m)357,938 JPY (0.0Y/398.6sq.m)312,394 JPY (0.0Y/126.5sq.m)
Hannshinnkokudou---
Imadu-371,852 JPY (0.0Y/159.3sq.m)259,846 JPY (0.0Y/104.0sq.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

Takaraduka217,148 JPY/sq.m (+62% compared with the previous year)

The average price of a sq.m Land of Takaraduka was 217,148 JPY/sq.m. The market value represents an increase of 82,848 JPY (+61.7%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 331.7 sq.m (a +65.8% increase compared to the 200.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.5 min in 2017 and 7.2 min in 2018; -31.7%)

Monndoyakujinn350,107 JPY/sq.m (+14% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 350,107 JPY/sq.m. The market value represents an increase of 41,811 JPY (+13.6%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents an increase of 6 (+150.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 394.5 sq.m (a +113.2% increase compared to the 185.0 sq.m of last year.).

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2017 and 30.0% of total transactions in 2018)

Causes of price decreases

  • An increase in average distance from the station (representing 9.8 min in 2017 and 10.8 min in 2018; +10.8%)

Obayashi110,711 JPY/sq.m (-28% compared with the previous year)

The average price of a sq.m Land of Obayashi was 110,711 JPY/sq.m. The market value represents a decrease of 43,834 JPY (-28.4%) 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 333.3 sq.m (a +51.5% increase compared to the 220.0 sq.m of last year.).

Takaradukaminamiguchi224,237 JPY/sq.m (-18% compared with the previous year)

The average price of a sq.m Land of Takaradukaminamiguchi was 224,237 JPY/sq.m. The market value represents a decrease of 49,383 JPY (-18.0%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents an increase of 2 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 140.0 sq.m (a -33.9% decrease compared to the 211.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 4.7 min in 2017 and 7.6 min in 2018; +62.9%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 66.7% of total transactions in 2017 and 20.0% of total transactions in 2018)

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)