Kochi Real Estate: Navigating Trends and Investment Opportunities
Kochi, located in Japan's Shikoku region, offers a unique blend of scenic beauty and urban convenience. The area is characterized by a relatively high ratio of foreigners and an aging population, with a population change rate of -1.17%. The climate is mild, with an annual average temperature of 17.7°C and 34 clear days per year, while its comprehensive educational amenities and high employment rate (95.9%) contribute to its overall appeal. Key areas such as Nankoku City and Kochi City display distinct market dynamics, with Nankoku City showing a higher property price (￥278,260) compared to Kochi City (￥184,615). This backdrop sets the stage for an insightful analysis of historical pricing and modern trends, reflecting Kochi’s resilient and evolving real estate market.
Ratio of population of foreigners (per 100,000 persons)
610.2
Aging index
338.9
Rate of population change
-1.17%
Yearly average of air temperature
17.7
Yearly average of relative humidity
71%
Yearly clear days
34
Number of elementary schools (per inhabitable area 100 km2)
19.21
Number of lower secondary schools (per inhabitable area 100 km2)
10.68
Number of upper secondary schools (per inhabitable area 100 km2)
3.96
Percentage of persons employed
95.9%
Unemployment rate (Both sexes)
4.1%
Percentage of owned houses
64.9%
Number of retail stores (per 1,000 persons)
10
Number of eating and drinking places (per 1,000 persons)
5.53
Number of department stores and general merchandise stores (per 100,000 persons)
0.44
Number of traffic accidents (per 100,000 persons)
139.5
Number of recognitions of criminal offenses (per 1,000 persons)
4.18
Amount of damage by disasters (per capita)(30 years average)
￥25194
Areas in Kochi
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Nankoku City | ￥278,260 | 62.4% |
| Kochi City | ￥184,615 | 30.4% |
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