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SUMMARY
We analyzed residential property rental yields in Hiroshima, as of May 2026, for residential property buyers using the raw dataset provided. The work focuses on the neighborhoods, purchase prices, monthly rents, gross rental yields, and net rental yields most relevant to a foreign beginner buyer considering Hiroshima residential property.
This page is designed as a current Hiroshima residential property yield snapshot and is updated regularly as market evidence changes.
The main product in the dataset is the used condominium or apartment. Hiroshima’s rental-investment market is most comparable in compact apartment stock across Naka Ward, Minami Ward, Higashi Ward, Nishi Ward, and suburban rail corridors.
Studios usually offer the strongest income efficiency. In the dataset, studio net yields range from 2.3% in the most expensive central areas to 4.8% in Kabe, while most 2-bedroom net yields sit between 1.1% and 2.3%.
The strongest yield areas are Kabe, Itsukaichi, Eba / Kannon, Midorii, Funairi / Yoshijima, and Yokogawa. These areas work because purchase prices are lower than the prime core while rents remain supported by transit, local services, or practical renter demand.
The weakest yield areas are Danbara / Hijiyama, Hatchobori / Noboricho, Hiroshima Station / Hikarimachi, and Fukuromachi / Hondori, especially for 2-bedroom properties. These locations can be attractive for liquidity and lifestyle, but purchase prices absorb much of the rent.
Yokogawa is one of the best compromise areas. It does not have the highest paper yield, but its studio net yield of 3.3% comes with stronger tenant depth and resale liquidity than more peripheral high-yield locations.
Kabe has the highest studio net yield at 4.8%, but it is not automatically the safest choice. The low purchase price improves the yield, while the lower monthly rent and thinner resale market make vacancy and liquidity more important.
For a foreign individual buyer, the practical Hiroshima strategy is to compare net yield, station access, building age, repair reserves, vacancy risk, tenant depth, and resale liquidity together. A cheap unit with weak management or poor access can be more dangerous than a lower-yield unit in a stronger rental corridor.
The honest interpretation is simple: Hiroshima offers better income math outside the prestige core, but the safest beginner asset is usually a compact, well-managed used apartment near rail or streetcar access, not the cheapest property in the table.
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Residential property rental yields in Hiroshima in 2026
This table compares residential property rental yields in Hiroshima by neighborhood and property type.
For each area, the table shows estimated average purchase price, estimated average monthly rent, gross rental yield, and net rental yield for studio, 1-bedroom, and 2-bedroom properties.
Finally, please note you'll find much more detailed data in our real estate pack about Hiroshima.
| Neighborhood | Studio property average purchase price | Studio property average monthly rent | Studio property gross rental yield | Studio property net rental yield | 1-bedroom property average purchase price | 1-bedroom property average monthly rent | 1-bedroom property gross rental yield | 1-bedroom property net rental yield | 2-bedroom property average purchase price | 2-bedroom property average monthly rent | 2-bedroom property gross rental yield | 2-bedroom property net rental yield |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Danbara / Hijiyama | ¥11.8m | ¥52,000 | 5.3% | 2.3% | ¥22.5m | ¥82,000 | 4.4% | 1.3% | ¥34.5m | ¥118,000 | 4.1% | 1.1% |
| Eba / Kannon | ¥8.2m | ¥42,000 | 6.1% | 3.8% | ¥15.6m | ¥66,000 | 5.1% | 2.6% | ¥25.8m | ¥91,000 | 4.2% | 1.7% |
| Fuchu-cho / Mukainada | ¥9.5m | ¥45,000 | 5.7% | 3.5% | ¥18.0m | ¥69,000 | 4.6% | 2.2% | ¥28.5m | ¥92,000 | 3.9% | 1.4% |
| Fukuromachi / Hondori | ¥13.2m | ¥58,000 | 5.3% | 2.4% | ¥25.5m | ¥89,000 | 4.2% | 1.6% | ¥42.0m | ¥130,000 | 3.7% | 1.6% |
| Funairi / Yoshijima | ¥9.2m | ¥44,000 | 5.7% | 3.4% | ¥17.6m | ¥68,000 | 4.6% | 2.2% | ¥28.0m | ¥93,000 | 4.0% | 1.6% |
| Gion / Omachi | ¥8.8m | ¥40,000 | 5.5% | 3.5% | ¥16.5m | ¥63,000 | 4.6% | 2.4% | ¥26.5m | ¥83,000 | 3.8% | 1.5% |
| Hatchobori / Noboricho | ¥14.0m | ¥60,000 | 5.1% | 2.3% | ¥27.0m | ¥91,000 | 4.0% | 1.5% | ¥45.0m | ¥132,000 | 3.5% | 1.5% |
| Hiroshima Station / Hikarimachi | ¥13.5m | ¥57,000 | 5.1% | 2.4% | ¥26.0m | ¥88,000 | 4.1% | 1.6% | ¥43.0m | ¥128,000 | 3.6% | 1.6% |
| Itsukaichi | ¥7.2m | ¥36,000 | 6.0% | 4.0% | ¥13.8m | ¥55,000 | 4.8% | 2.7% | ¥22.5m | ¥78,000 | 4.2% | 2.0% |
| Kabe | ¥5.6m | ¥31,000 | 6.6% | 4.8% | ¥10.8m | ¥48,000 | 5.3% | 3.3% | ¥18.0m | ¥66,000 | 4.4% | 2.3% |
| Koi / Inokuchi | ¥8.5m | ¥39,000 | 5.5% | 3.5% | ¥16.2m | ¥61,000 | 4.5% | 2.3% | ¥26.0m | ¥82,000 | 3.8% | 1.6% |
| Midorii | ¥7.8m | ¥38,000 | 5.8% | 3.7% | ¥14.8m | ¥61,000 | 4.9% | 2.6% | ¥23.8m | ¥83,000 | 4.2% | 1.8% |
| Ujina | ¥10.5m | ¥47,000 | 5.4% | 3.2% | ¥20.0m | ¥72,000 | 4.3% | 1.9% | ¥32.5m | ¥106,000 | 3.9% | 1.5% |
| Yaga / Onaga | ¥8.6m | ¥41,000 | 5.7% | 3.6% | ¥16.8m | ¥64,000 | 4.6% | 2.4% | ¥27.0m | ¥86,000 | 3.8% | 1.5% |
| Yokogawa | ¥10.8m | ¥50,000 | 5.6% | 3.3% | ¥20.5m | ¥75,000 | 4.4% | 2.1% | ¥33.0m | ¥103,000 | 3.7% | 1.5% |
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Which neighborhoods offer the best net yield among areas people actually want to live in Hiroshima?
The best net-yield neighborhoods among areas people actually want to live in Hiroshima are Yokogawa, Funairi / Yoshijima, Midorii, Eba / Kannon, and Itsukaichi.
These areas give stronger net yields than the prime core while still having enough tenant demand to make the rental income realistic.
The table shows studio net yields of 3.3% in Yokogawa, 3.4% in Funairi / Yoshijima, 3.7% in Midorii, 3.8% in Eba / Kannon, and 4.0% in Itsukaichi.
That is materially better than Hatchobori / Noboricho at 2.3% and Hiroshima Station / Hikarimachi at 2.4% for studio properties.
The reason is simple. These neighborhoods are cheaper than the prestige core, but they are not remote rental markets. Yokogawa has rail access, Funairi connects well by streetcar, and Midorii and Itsukaichi serve renters who still want rail access and daily services.
The practical takeaway is that Hiroshima residential property rental yields are strongest where the buyer avoids the full central price premium without losing tenant depth completely.
Where can I find residential properties with above-average yields and below-average entry prices in Hiroshima?
The clearest Hiroshima value pockets are Kabe, Itsukaichi, Midorii, Eba / Kannon, and Gion / Omachi, especially for studios and 1-bedroom units.
These areas combine lower entry prices with better-than-core residential property rental yields in Hiroshima.
Kabe studios average ¥5.6 million and produce an estimated 4.8% net yield. Itsukaichi studios average ¥7.2 million and produce 4.0% net yield.
Midorii studios average ¥7.8 million and produce 3.7% net yield, while Eba / Kannon studios average ¥8.2 million and produce 3.8% net yield.
The important point is that lower price does not always mean weaker rent. Local renters still need affordable access to schools, rail, shops, and family support networks, so rents can hold up better than purchase prices.
For a beginner buyer, the safest low-entry product is usually a compact, ordinary apartment near transit. A cheap older unit far from a station can look high-yield on paper and still be difficult to rent or resell.
Where does the rent level justify the purchase price most clearly in Hiroshima?
The rent level justifies the purchase price most clearly in Yokogawa, Funairi / Yoshijima, Eba / Kannon, Midorii, and Itsukaichi.
These areas have enough rent support without the full price premium of the Hiroshima core.
Yokogawa studios show ¥50,000 monthly rent against a ¥10.8 million purchase price, giving 5.6% gross yield and 3.3% net yield.
Funairi / Yoshijima studios show ¥44,000 rent against ¥9.2 million purchase price, giving 5.7% gross yield and 3.4% net yield.
By contrast, Hatchobori / Noboricho has high rents, but prices are even higher. A 1-bedroom at ¥91,000 monthly rent looks strong, but the ¥27.0 million purchase price leaves only 4.0% gross yield and 1.5% net yield.
The best rent-to-price relationship is not in the cheapest location or the most expensive location. It is in the middle, where Hiroshima renters still see daily convenience but buyers have not priced the area like Hatchobori, Hondori, or the station-front redevelopment zone.
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Where is the best place to buy if I want stable rental income rather than maximum yield in Hiroshima?
The best places to buy for stable rental income rather than maximum yield in Hiroshima are Yokogawa, Hiroshima Station / Hikarimachi, Danbara / Hijiyama, Fukuromachi / Hondori, and Ujina.
These areas are not always the highest-yielding areas, but they have deeper and more durable tenant pools.
Hiroshima Station / Hikarimachi has only 2.4% studio net yield and 1.6% 1-bedroom net yield, but it benefits from major station access and redevelopment momentum.
Danbara / Hijiyama is also more of a stability play than a yield play. Its 1-bedroom net yield is only 1.3%, but rent is supported by access to Hiroshima University Hospital, central Hiroshima, and established residential demand.
Yokogawa is the best compromise in the dataset. It has a stronger estimated studio net yield at 3.3%, good transit access, and broader tenant depth than more peripheral areas.
For a cautious foreign buyer, a lower-yield property near a station, hospital, commercial center, or established residential corridor can be safer than a higher-yield unit in a thinner outer location.
What type of residential property should a beginner investor buy to maximize rental profitability in Hiroshima?
A beginner investor in Hiroshima should usually buy a used studio or compact 1-bedroom condominium near transit to maximize rental profitability.
This product offers the best balance of entry price, tenant depth, maintenance control, and resale liquidity.
The table shows why. Studio net yields range from 2.3% to 4.8%, while 2-bedroom net yields mostly fall between 1.1% and 2.3%.
Larger units produce higher monthly rent, but the purchase price rises faster than rent. A Hatchobori / Noboricho 2-bedroom rents for ¥132,000 per month, but its ¥45.0 million purchase price leaves only 1.5% net yield.
The best beginner product is not necessarily the cheapest unit. A very old studio with weak repair reserves can have high maintenance risk, while a newer central studio can have low yield.
The sweet spot is usually a well-managed used building, reasonable age, walkable rail or streetcar access, and rent supported by local workers, students, or single professionals.
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Which neighborhoods offer strong rental income with the lowest vacancy risk in Hiroshima?
The Hiroshima neighborhoods that combine strong rental income with lower vacancy risk are Hiroshima Station / Hikarimachi, Yokogawa, Fukuromachi / Hondori, Danbara / Hijiyama, and Ujina.
These areas have durable tenant pools rather than only cheap entry prices.
Hiroshima Station / Hikarimachi 1-bedroom units average ¥88,000 monthly rent, while Fukuromachi / Hondori 1-bedrooms average ¥89,000 and Hatchobori / Noboricho 1-bedrooms average ¥91,000.
These rents are among the strongest in the table. The rental demand comes from rail access, offices, shopping, hospitals, central amenities, and lifestyle convenience.
Danbara has hospital-linked demand. Ujina has waterfront lifestyle demand and port-side access, while Yokogawa has a practical renter base because it is connected but cheaper than the prime core.
The trade-off is yield. These are lower-vacancy choices, not maximum-yield choices, so a beginner may accept 1.5% to 2.4% net yield in the most liquid neighborhoods instead of chasing 4% plus in an outer area.
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Which areas look overpriced relative to their rental income in Hiroshima?
The areas that look most overpriced relative to rental income in Hiroshima are Hatchobori / Noboricho, Hiroshima Station / Hikarimachi, Fukuromachi / Hondori, and parts of Danbara / Hijiyama.
These are desirable places, but the rent does not fully keep up with the purchase price.
Hatchobori / Noboricho 2-bedroom units show ¥132,000 monthly rent, but the estimated purchase price is ¥45.0 million. That gives only 3.5% gross yield and 1.5% net yield.
Hiroshima Station / Hikarimachi 2-bedrooms are similar at 3.6% gross yield and 1.6% net yield.
Danbara / Hijiyama has the weakest 2-bedroom net yield in the table at 1.1%. That is a warning that high local demand does not automatically create good rental income returns.
These are not bad neighborhoods. They are expensive neighborhoods. For a yield-focused buyer, that distinction matters because the central price premium often protects resale value better than it improves income.
Which neighborhoods should I avoid even if the rental yield looks attractive in Hiroshima?
Beginners should be careful with Kabe, very peripheral Itsukaichi stock, old buildings in Eba / Kannon, and poorly located suburban studios even when the headline yield looks attractive.
The yield may be high because the purchase price is low, not because the rental market is exceptionally strong.
Kabe shows the highest estimated studio net yield at 4.8%, but that comes from a low ¥5.6 million entry price. The same low price can signal weaker resale liquidity and a narrower buyer pool.
Eba / Kannon studios show 3.8% net yield, but the area is more building-sensitive. A well-located apartment can rent steadily, while an old building with poor reserves or weak access can sit vacant longer.
Itsukaichi is more balanced, but the investor must distinguish station-accessible properties from remote stock. The 4.0% studio net yield assumes a practical rental location, not a distant apartment that only looks cheap.
The avoid rule is simple: in Hiroshima, do not buy yield without checking tenant depth, building management, repair reserves, station distance, and resale liquidity.
Which neighborhoods look risky even though the rental yield is high in Hiroshima?
The riskiest high-yield Hiroshima areas are Kabe, outer Itsukaichi, Eba / Kannon, and parts of Midorii.
These areas can work, but the risk-adjusted return may be weaker than the headline net yield suggests.
Kabe has the best numbers in the table: 6.6% studio gross yield and 4.8% studio net yield. But the higher yield mainly reflects a very low purchase base, not premium rent.
Monthly studio rent in Kabe is only ¥31,000. One vacant month meaningfully hurts annual income because the rent base is small.
Midorii looks stronger than Kabe because it has broader suburban demand and better rent levels. Its studio rent is ¥38,000 and net yield is 3.7%, while 1-bedroom units show 2.6% net yield.
The safer alternative is often Yokogawa. Its studio net yield of 3.3% is lower than Kabe or Itsukaichi, but tenant depth and resale liquidity are stronger.
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What neighborhoods should I avoid when buying a rental property in Hiroshima?
A beginner rental investor should avoid remote Kabe stock, non-station Itsukaichi stock, weak-access Eba / Kannon buildings, and overpriced prime-core 2-bedroom units.
The reason is different in each case, so the avoid list should be read as a property-selection warning rather than a full neighborhood ban.
Remote Kabe should be avoided by beginners because rental demand is thinner and resale liquidity is weaker. Kabe can work near practical transport and services, but the investor should not buy simply because the price is low.
Non-station Itsukaichi stock should be avoided unless the price is deeply discounted. Itsukaichi’s table yield is attractive, but that assumes a usable location for ordinary renters.
Weak-access Eba / Kannon buildings should be avoided when the building is old, the management association is underfunded, or the unit is far from streetcar and bus convenience.
Prime-core 2-bedroom units should not be avoided because the neighborhoods are bad. They should be avoided by yield-focused beginners because net yields are weak, around 1.5% to 1.6% in Hatchobori / Noboricho, Hiroshima Station / Hikarimachi, and Fukuromachi / Hondori.
Which neighborhoods are seeing rental demand weaken, and why, in Hiroshima?
The neighborhoods most exposed to weakening rental demand are older peripheral stock in Kabe, weaker-access parts of Itsukaichi, older Eba / Kannon buildings, and expensive large units in the prime core.
The weakness is not uniform across each neighborhood. It is property-type specific.
For Kabe and outer Itsukaichi, the issue is tenant depth. Rents are low, and a vacancy can quickly damage annual returns.
A ¥31,000 Kabe studio loses about 8.1% of annual rent if it sits empty for one month. That is why low monthly rent can be risky even when the yield percentage looks high.
For Eba / Kannon, the issue is not always demand. Older buildings must compete with better-located or better-maintained apartments in Nishi Ward and central-adjacent districts.
For prime-core 2-bedroom units, demand is not weak in an absolute sense. The problem is affordability and yield compression, because rents are high but purchase prices have risen faster.
Which neighborhoods are seeing new developments that could create stronger rental demand in Hiroshima?
The main development-positive neighborhoods in Hiroshima are Hiroshima Station / Hikarimachi, Danbara / Hijiyama, Yaga / Onaga, and parts of the station-west / Minami Ward corridor.
These areas benefit from redevelopment, hospital access, transport projects, station-area commercial growth, or improved daily convenience.
Hiroshima Station is the clearest case. The station area is supported by major transport access, retail functions, offices, hotels, and redevelopment momentum.
Danbara / Hijiyama benefits from a different demand driver. Hospital-linked demand, central access, and established residential demand support rent, even though net yield is weak because prices are already elevated.
Yaga / Onaga may benefit from broader east-side transport improvements. Its studio net yield of 3.6% is stronger than the prime core, but the renter premium is less proven.
The practical point is to separate demand-creating development from supply-heavy development. New shops, jobs, hospitals, and transport access can deepen tenant demand, while too many new apartments can increase competition.
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Which neighborhoods have become less attractive for property investors over the last 12 months in Hiroshima?
The neighborhoods that have become less attractive for yield-focused investors are Hatchobori / Noboricho, Hiroshima Station / Hikarimachi, Fukuromachi / Hondori, and Danbara / Hijiyama.
They remain desirable places to live, but the rental-income case has weakened as prices have risen faster than achievable rent.
The table shows the result clearly. Central 2-bedroom net yields are only 1.5% to 1.6% in Hatchobori / Noboricho, Hiroshima Station / Hikarimachi, and Fukuromachi / Hondori.
Danbara / Hijiyama 2-bedroom units are even lower at 1.1% net yield, despite an estimated monthly rent of ¥118,000.
This is not deterioration in the usual sense. It is price pressure. The neighborhoods are still strong for livability, liquidity, and resale, but less attractive for investors whose main target is rental income.
For a beginner, the answer is not to avoid central Hiroshima completely. It is to avoid overpaying for central Hiroshima when net rental yield is the main goal.
Which property types are becoming harder to rent in Hiroshima, and in which neighborhoods?
The property types becoming harder to rent in Hiroshima are expensive 2-bedroom central condos, poorly located suburban studios, and older apartments with weak management.
The problem is not the bedroom count alone. The problem is the match between price, rent, tenant pool, operating costs, and building quality.
Central 2-bedroom units in Hatchobori, Hondori, and Hiroshima Station have high monthly rents, but the renter pool is narrower because the total monthly cost is high.
The table shows ¥128,000 to ¥132,000 monthly rent in prime 2-bedroom areas, but net yields remain only 1.5% to 1.6%.
Poorly located suburban studios can also be hard to rent. A studio in Kabe may show high yield because the purchase price is low, but the ¥31,000 rent level leaves little room for vacancy, repairs, or tenant turnover.
Older apartments in Eba / Kannon, Funairi / Yoshijima, and some suburban corridors need careful review of repair reserves and management fees. A building with weak maintenance can lose tenant appeal quickly.
The durable property type is a compact used apartment near a station or streetcar corridor. In Hiroshima, ordinary layouts, reasonable rents, good access, and well-funded building management matter more than chasing the highest theoretical rent.
Which bedroom count offers the best balance between entry price, rental yield, and tenant demand in Hiroshima?
The best bedroom count for a beginner in Hiroshima is usually the studio property, with a compact 1-bedroom as the stronger stability alternative.
Studios provide the best entry price and highest net yields, while 1-bedrooms can reduce turnover risk and appeal to a wider renter base.
Across the table, studios average stronger yields than 1-bedrooms and 2-bedrooms. The top studio net yields are 4.8% in Kabe, 4.0% in Itsukaichi, 3.8% in Eba / Kannon, and 3.7% in Midorii.
1-bedrooms are more balanced. They usually show lower yields, but they appeal to singles, couples, transfers, and longer-stay renters.
2-bedrooms are the weakest pure-yield product in Hiroshima. They provide higher rent, but purchase prices, repair reserves, and total carrying costs rise faster.
For a beginner, the practical answer is simple. Buy a studio for maximum rental profitability, buy a 1-bedroom for a better balance of tenant stability and resale, and buy a 2-bedroom only when the location and purchase discount are unusually strong.
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INSIGHTS
These insights are drawn from the Hiroshima residential property rental yield dataset, with a focus on what a foreign individual buyer should understand before buying a residential property to rent out.
You’ll find even more insights in our our real estate pack about Hiroshima.
- Hiroshima studios usually beat 2-bedroom units on net yield because compact units rent more efficiently against their purchase price. The income advantage is clear, but the investor should expect more turnover than with larger units.
- Kabe has the highest Hiroshima yield in the table, but the yield comes with weaker liquidity. The 4.8% studio net yield is attractive, but the ¥31,000 monthly rent makes every vacancy meaningful.
- Itsukaichi offers a better yield profile than Ujina with a lower entry price. The key is to stay near practical transport and avoid remote stock that only looks cheap.
- Hiroshima Station prices are rising faster than rents, which compresses rental yields. The area remains strong for tenant demand and resale, but it is less compelling for pure rental income.
- Hatchobori is excellent for liquidity and central lifestyle, but weak for pure rental yield. The 2-bedroom net yield of 1.5% shows how much the central price premium absorbs rent.
- Yokogawa balances access, tenant depth, and price better than Hondori for many beginner buyers. It is not the highest-yield area, but it is one of the more balanced Hiroshima residential property markets.
- Danbara rents are high, but hospital-area prices reduce net yield. A 1-bedroom rent of ¥82,000 does not translate into strong income return when the purchase price is ¥22.5 million.
- Midorii 1-bedroom units look stronger than Midorii 2-bedroom units. The 2.6% net yield for 1-bedrooms is not high, but it is more efficient than the 1.8% net yield for 2-bedrooms.
- Eba and Kannon offer yield, but building selection matters more than address prestige. Older stock with poor reserves can erase the advantage of a low entry price.
- Ujina rents are supported by lifestyle demand, but larger units carry higher maintenance drag. The 2-bedroom net yield of 1.5% is a warning for income-focused buyers.
- Fukuromachi studios are safer than Fukuromachi 2-bedroom units for yield buyers. The location is strong, but the larger format becomes expensive quickly.
- Hiroshima beginners should avoid buying oversized units only for headline rent. Higher monthly rent is not enough if the purchase price and operating costs rise faster.
- Suburban Hiroshima yields improve when purchase prices stay below ¥15 million. This is why studios and some 1-bedrooms can look more rational than larger suburban units.
- Central Hiroshima properties protect resale value better than they maximize income. A buyer should decide whether the goal is yield, liquidity, lifestyle flexibility, or capital preservation before choosing the area.
- Short-term rental logic helps central Hiroshima only if licensing and operating limits work. It should not be mixed into ordinary apartment yield assumptions unless the property can legally and practically operate that way.
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OUR METHODOLOGY TO BUILD THIS TRACKER
To estimate purchase price, monthly rent, and rental yield in different Hiroshima neighborhoods, we built this dataset ourselves from the ground up. We did not reuse a third-party yield dataset. We manually researched current residential sale and rental listings, then organized the data by neighborhood and property type.
For each neighborhood and property type, we reviewed comparable sale and rental listings from major Japan property platforms relevant to Hiroshima, including SUUMO, LIFULL HOME'S, and At Home. These public portals were used as market research inputs, not as a replacement for our own cleaned dataset.
For each area, we first collected sale listings for the property types shown in the tracker. We then kept only reasonably comparable properties based on location, property type, size, building age, condition, station access, and listing quality.
We cleaned the sale sample manually. Duplicate listings, unrealistic asking prices, luxury outliers, distressed assets, serviced-style offers, incomplete listings, and clearly non-comparable properties were removed before calculating the estimates.
Sale prices were normalized in Japanese yen, and on a price-per-square-meter basis where possible. We used the median price as the main reference where the sample was strong, or the average only when the comparable set was clean.
We then built the rental side of the dataset separately. For the same Hiroshima neighborhood and property type, we manually collected rental listings, removed outliers and non-comparable offers, and estimated a realistic monthly rent using the median rent where possible.
Gross rental yield was calculated as annual rent divided by estimated purchase price. Purchase prices and rents were researched separately, then matched by neighborhood and property type to estimate residential property rental yields in Hiroshima.
To estimate net yield, we avoided applying a single flat deduction to every property. The deduction was adjusted by neighborhood and property type, reflecting differences in management fees, repair reserve contributions, vacancy risk, leasing fees, fixed asset tax, city planning tax, repairs, insurance, building age, and other operating costs.
This distinction matters because a small central apartment, an older suburban condo, and a larger family unit do not have the same cost profile. Net rental yield is usually the more useful number for a foreign buyer because ownership costs can reduce the income left after rent is collected.
Each estimate was assigned a confidence level based on the quality and size of the comparable listing sample. 30 to 40 comparable listings means higher confidence. 20 to 30 comparable listings means usable but less robust. Fewer than 20 comparable listings means directional only, unless the comparable area was widened carefully.
These estimates are updated regularly and should be read as structured market estimates, not as guarantees of future rental income. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Hiroshima.
