Higher income than Tokyo
Average gross yields around 4.5%+ sit well above Tokyo's compressed central yields, with entry prices a fraction of the capital's.
Area · Osaka
Osaka
Japan’s high-yield big city — cheaper than Tokyo, with stronger rental income and an Expo 2025 tailwind.
At a Glance
Osaka in 3 numbers
Figures are indicative. See linked sources for the latest official data.
Population~2.75MJapan's third-largest city and a top domestic in-migration destination.
Avg. price (new condo)~¥0.8–1.0M/sqmRoughly 60–65% of Tokyo levels; new-condo supply at a decade low.
Gross rental yield4.5–6.0%Higher than Tokyo; outer wards push toward 6%.
Gallery
Inside Osaka
Key Features
What makes Osaka special
A multi-year demand tailwind
World Expo 2025 and the planned integrated-resort (IR) development are driving tourism infrastructure, inbound demand, and investor attention to the city.
Record-low new supply
New condominium supply has fallen to its lowest level in over a decade, putting upward pressure on prices across all residential segments.
Investment Types
What works well in Osaka
Suitability rating reflects typical foreign-investor outcomes — not an absolute ranking.
Apartment / Condominium
Lower entry prices and higher yields than Tokyo make central Osaka condos the mainstream income play for foreign buyers.
Hotel / Hospitality
Tourism and Expo demand are strong, but tightened post-Expo minpaku rules make a licensed operator the key variable.
Detached house
Viable for family rentals in select wards; harder to manage from overseas than condos.
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