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Dunedin's strong housing market is in demand

Stuff The bright-line test has been doubled in length and tax loopholes have been closed as the Labour Government moves on property speculators. Dunedin has experienced a meteoric rise in house prices over recent years but remains a more affordable option than many North Island centres. In common with markets around the country, Dunedin has seen rapid strong price growth in the wake of last year’s lockdowns. CoreLogic’s latest data shows its average property value was up by 15.4 per ce...
North Island New Zealand General New Zealand Joe Nidd Tom Lintern John Murphy

Sales records in more than 300 suburbs smashed

“A combination of low interest rates, low supply and a fear of missing out are driving prices to values that would have been unbelievable even a few months ago.” The results didn’t come as a big surprise given how the market had been trending, he said. But while sale records were spread nationwide, it was Dunedin which set the most records, with 11 different suburbs in the city seeing new highs. Three Dunedin suburbs – Vauxhall, Waldronville and Bradford – set new sales records of...
New Zealand New Zealand General Glen Ross Joe Nidd Tom Lintern Dunedin Council

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