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Investment Property North Dunedin, Otago

Suburb Snapshot

North Dunedin is a suburb in the Dunedin Region of Otago. North Dunedin has a population of 8,676 people and 84.08% of its occupants live in rental accommodation. The median listing price for houses is $739,000 and this has changed -5.07% over the past year and changed 6.79% over 2 years.

The median rent in North Dunedin for houses is $790 per week and the median rental yield is 5.56%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 146 days.The median listing price for units is $459,000 and this has changed NA over the past year. The average unit takes 98 days to sell and the median rent for a unit in North Dunedin is $640 per week, producing a rental yield of 7.25%.

Supply & Demand in North Dunedin, Dunedin

119,571

Population


29.60%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for North Dunedin, Dunedin

  House Townhouses Units
Median listing price $739,000 NA $459,000
Median price change - last quarter 8.84% NA -2.13%
Median price change - 1 year -5.07% NA NA
Median price change - 2 years 6.79% NA NA
  House Townhouses Units
Median weekly rent $790 $650 $640
Median yield % 5.56% NA 7.25%
Median rent change - 1 year 9.72% 35.42% -1.54%
  House Units
Average days on market 146 98

North Dunedin investment property listings

Showing 5 of 24 investment properties found in North Dunedin on realestateinvestar.co.nz

142 and 14 St David St, North Dunedin

$1,200,000

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High-quality investment opportunity

An exceptional opportunity lies here for astute investors to add to their student investment portfolio. Situated in a prime location next to the University of Otago and Otago Polytechnic, this sought-after student investment property consists of two well-maintained 4-bedroom homes. Tenants enjoy ...

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House

Otago 9016


14 Hyde St, North Dunedin

$529,000

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Significant Add-Value Renovation

This property has been a successful student rental for the past few decades and is now ready for the new owner to take over and add significant value through renovations and adding additional rooms to increase the rent and therefore capital value. The classic look of the flat appeals to students, ...

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House

Otago 9016


531A Leith St, North Dunedin

$840,000

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Perfect standalone student investment

This purpose-built student flat is the perfect property to house your children through their studies during their time in Dunedin. Constructed in 2010 and exudes great street presence this flat is normally signed up in March/April for the following year. The property offers a large open plan ...

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House

Otago 9016


667B Great King St, North Dunedin

$650,000

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Prime Location Student Rental

This three storey primely located investment opportunity offers 6 double bedrooms, 3 bathrooms, 2 toilets. 160m2. Rented for 2024 @ $900 per week. One carpark for the tenants and a shared visitor carpark. R. V. $750,000 Please contact us for viewing ...

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House

Otago 9016


58 Howe St, North Dunedin

$750,000

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Investing in Memories

Fond memories of students' time at University is often linked to their flats and the years of youthful bliss where they discover who they are and ready themselves for the wider world. This is exactly the type of quintessential flat most students seek out for their time on Campus. Howe Street ...

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House

Otago 9016


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