Hankyu Takarazuka Main Line Hyogo 2015-2Q
Land market report

Hankyu Takarazuka Main Line railway market report

Hankyu Takarazuka Main Line Land market overview

The average price of a sq.m Land of Hankyu Takarazuka Main Line (Kawanishinoseguchi to Takaraduka), in Apr, 2015 to Jun, 2015 was 146,185 JPY/sq.m. The market value represents an increase of 17,217 JPY (+13.3%) compared to 1 year ago and a transition to a bull market. 10 properties exchanged hands ( The market value represents a decrease of 6 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 375.0 sq.m (a +56.0% increase compared to the 240.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Kawanishinoseguchi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Kawanishinoseguchi station, where prices have increased +90.9% compared to last year; a sq.m unit now costs 224,602 JPY/sq.m.

The top 1 stations has seen prices increase +90.9% (+106,966 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -53.6% (-110,408 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 23.9 min in 2014 and 17.6 min in 2015; -26.3%)

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 13.3% of total transactions in 2014 and 10.0% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Hankyu Takarazuka Main 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 Kawanishinoseguchi, the highest market value along this railway was 224,602 JPY/sq.m. The market value represents an increase of 106,966 JPY (+90.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 5 (-71.4%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Mefujinnja, the lowest market value along this railway was 95,652 JPY/sq.m. The market value represents a decrease of 110,408 JPY (-53.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Hankyu Takarazuka Main Line (Stations Land market overview)
Hankyu Takarazuka Main LineThis year(2015)1 year ago2 years ago
Kawanishinoseguchi224,602 JPY (0.0Y/150.0sq.m)117,637 JPY (0.0Y/226.4sq.m)94,531 JPY (0.0Y/514.3sq.m)
Hibarigaokahanayashiki-108,571 JPY (0.0Y/175.0sq.m)93,764 JPY (0.0Y/160.0sq.m)
Yamamoto128,468 JPY (0.0Y/203.3sq.m)115,917 JPY (0.0Y/426.7sq.m)122,011 JPY (0.0Y/227.0sq.m)
Nakayama-Kannon-228,571 JPY (0.0Y/105.0sq.m)150,240 JPY (0.0Y/293.3sq.m)
Mefujinnja95,652 JPY (0.0Y/230.0sq.m)206,060 JPY (0.0Y/165.0sq.m)151,672 JPY (0.0Y/180.0sq.m)
Kiyoshikoujinn-184,210 JPY (0.0Y/190.0sq.m)68,421 JPY (0.0Y/190.0sq.m)
Takaraduka-82,436 JPY (0.0Y/172.5sq.m)83,678 JPY (0.0Y/310.0sq.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

Kawanishinoseguchi224,602 JPY/sq.m (+91% compared with the previous year)

The average price of a sq.m Land of Kawanishinoseguchi was 224,602 JPY/sq.m. The market value represents an increase of 106,966 JPY (+90.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 5 (-71.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 150.0 sq.m (a -33.8% decrease compared to the 226.4 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 34.5 min in 2014 and 8.5 min in 2015; -75.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.7% of total transactions in 2014 and 50.0% of total transactions in 2015)

Mefujinnja95,652 JPY/sq.m (-54% compared with the previous year)

The average price of a sq.m Land of Mefujinnja was 95,652 JPY/sq.m. The market value represents a decrease of 110,408 JPY (-53.6%) 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 230.0 sq.m (a +39.4% increase compared to the 165.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.0 min in 2014 and 18.0 min in 2015; +157.1%)

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)