Dunedin's property market remains buoyant

In 2017 Dunedin was re-classified from a low to a moderate growth city and the outlook over the next decade is biased to the upside. Our research and conclusions, which lead to our first office investment in the city, has recently been supported by a number of reports which outline further growth for the city over the medium term.

Local media reporting on recent research from Colliers commentated "that economically, Dunedin is in a good position, with several recent reports outlining strong growth opportunities in the short to medium term. Colliers said there was plenty of "positive sentiment" derived from economic growth, business confidence, tourism growth and current low interest rates. The $1.4 billion new Dunedin Hospital build, plus University of Otago's projects were among the strongest contributors to the positive sentiment.

The full report from Colliers can be accessed here.