Real Estate Market Report: Exploring Miyazaki's Residential Landscape
Miyazaki Prefecture, located on the southeastern coast of Kyushu, Japan, is an area that's not just rich in natural beauty and cultural heritage, but also presents intriguing opportunities for real estate investment. From the vibrant Miyazaki City to the historic charm of Miyakonojo City, each area offers unique advantages for potential investors. However, as with any investment, understanding the real estate trends and pricing in the region is crucial. This report delves into various aspects of Miyazaki's real estate market, providing valuable insights for those considering an investment in this picturesque prefecture.
Ratio of population of foreigners (per 100,000 persons)
605.3
Aging index
258.8
Rate of population change
-0.85%
Yearly average of air temperature
18.2
Yearly average of relative humidity
76%
Yearly clear days
38
Number of elementary schools (per inhabitable area 100 km2)
12.43
Number of lower secondary schools (per inhabitable area 100 km2)
7.09
Number of upper secondary schools (per inhabitable area 100 km2)
2.72
Percentage of persons employed
96%
Unemployment rate (Both sexes)
4%
Percentage of owned houses
65.7%
Number of retail stores (per 1,000 persons)
8.81
Number of eating and drinking places (per 1,000 persons)
5.2
Number of department stores and general merchandise stores (per 100,000 persons)
1.04
Number of traffic accidents (per 100,000 persons)
361
Number of recognitions of criminal offenses (per 1,000 persons)
3.33
Amount of damage by disasters (per capita)(30 years average)
¥19471
Areas in Miyazaki
Area | Median Price per m² | Growth over last 5 years |
---|---|---|
Miyazaki City | ¥138,297 | -10.0% |
Miyakonojo City | ¥86,607 | 6.3% |
Nobeoka City | ¥85,823 | -13.3% |
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