Investing in Real Estate in Toyama: Trends, Insights, and Opportunities
Toyama, located in the heart of Japan, offers a diversified and evolving real estate landscape characterized by its well-balanced infrastructure and attractive living conditions. The prefecture features a modest population change rate of -0.78% paired with an aging index of 301.8, and a significant presence of foreigners (1577.7 per 100,000 persons), underlining its cultural mix. Educational facilities are abundant with numerous elementary, lower secondary, and upper secondary schools relative to habitable area, while high employment (96.9%) and ownership rates (76.8% of houses are owner-occupied) complement a vibrant local economy. Major urban centers such as Toyama City, Imizu City, and Takaoka City also contribute to the region’s unique character, each with distinct average property prices, laying a solid foundation for the local real estate market.
Ratio of population of foreigners (per 100,000 persons)
1577.7
Aging index
301.8
Rate of population change
-0.78%
Yearly average of air temperature
15.1
Yearly average of relative humidity
77%
Yearly clear days
12
Number of elementary schools (per inhabitable area 100 km2)
9.66
Number of lower secondary schools (per inhabitable area 100 km2)
4.13
Number of upper secondary schools (per inhabitable area 100 km2)
2.66
Percentage of persons employed
96.9%
Unemployment rate (Both sexes)
3.1%
Percentage of owned houses
76.8%
Number of retail stores (per 1,000 persons)
8.86
Number of eating and drinking places (per 1,000 persons)
3.86
Number of department stores and general merchandise stores (per 100,000 persons)
0.98
Number of traffic accidents (per 100,000 persons)
192
Number of recognitions of criminal offenses (per 1,000 persons)
4.44
Amount of damage by disasters (per capita)(30 years average)
¥4197
Areas in Toyama
Area | Median Price per m² | Growth over last 5 years |
---|---|---|
Toyama City | ¥165,686 | 24.3% |
Imizu City | ¥85,714 | 18.2% |
Takaoka City | ¥85,000 | 46.9% |
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