Minimal value in my view, despite the quite good local searches it is of low commercial value and poor fit with the extension. This is going to be tough to monetize in my view.
Good metrics but agreed with Snoopy, its pretty niche and limiting to have a foreign geo domain on a .com.au. A country wide would be different, but city wise I'm not a fan.
I am not able to comment on valuation; but am very interested
I would be interested in opinions as to whether a strong Australian "slant" in the content would be expected result in ranking for an Australian search
Monetization is then the next consideration; of course
kyoto is right next to Osaka i think, But what i found out is that there is more tourist attraction in kyoto compare to other parts of japan, thats just my point of view from my last visit to japan