Osaka real estate market — prices, rental yield and trend

• Average price: $6,117 / m²
• Gross rental yield: 2.75%
• Net rental yield: 2.57%
• Transaction cost: 10.9%
• Price basis: local-market average

Residential property in Osaka averages $6,117 per square metre. That makes it the 41st most expensive of the 236 markets in the set.

What a buyer pays in Osaka

The $6,117 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 10.9% of the price here. On a 100 m² apartment at the average price that is roughly $66,673 on top of the $611,680 purchase price. That is close to the 10.3% median across the set. Against the Japan national average of $5,397, Osaka carries a 13.3% premium — the gap between this market and the country as a whole. Among the other Japan markets we track, Tokyo at $11,800 is 48.2% dearer.

What it earns

A square metre lets for about $14.0 a month. Against a purchase price of $6,117 per square metre that is 2.8% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 257th of 269 markets by gross yield. Rental income is taxed at 2.8–20.4% — the rate is not a single number here. That is the difference between 2.2% and 2.7% net on the same property. The 2.6% net figure we publish uses 6.7%.

How the tax works. A non-resident's rental income is declared and taxed at progressive rates with the basic deduction and no local inhabitant tax (Income Tax Act arts. 164(1)(ii) and 165), which gives about 3–11% across typical rent levels. The 20.42% withholding often quoted is not the final burden, and per the National Tax Agency it does not apply at all when an individual tenant rents the home for own or family use; it forms the upper end of the band only as a ceiling. From 2027 the tiered basic deduction is withdrawn, lifting the range slightly to about 4–11%. Source: nta.go.jp No. 12014.

Who can buy in Osaka

Freehold, including the land. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Osaka is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Osaka be compared with a country average or another city.

Sources: Numbeo city page · numbeo.com. Snapshot: 2026-10-17.