Interested in moving to Dunedin?
All about Dunedin
Dunedin is the second-largest city in the South Island of New Zealand (after Christchurch), and the principal city of the Otago region. Its name comes from Dùn Èideann, the Scottish Gaelic name for Edinburgh, the capital of Scotland.
With an estimated population of 105,000 as of June 2021, Dunedin is New Zealand’s seventh-most populous urban area. However, for historic, cultural and geographic reasons the city has long been considered one of New Zealand’s four main centres. The urban area of Dunedin lies on the central-eastern coast of Otago, surrounding the head of Otago Harbour, and the harbour and hills around Dunedin are the remnants of an extinct volcano. The city suburbs extend out into the surrounding valleys and hills, onto the isthmus of the Otago Peninsula, and along the shores of the Otago Harbour and the Pacific Ocean.
Archaeological evidence points to lengthy occupation of the area by Māori prior to the arrival of Europeans. The province and region of Otago takes its name from the Ngāi Tahu village of Otakou at the mouth of the harbour, which became a whaling station in the 1830s.
In 1848 a Scottish settlement was established by the Lay Association of the Free Church of Scotland and between 1855 and 1900 many thousands of Scots emigrated to the incorporated city. Dunedin’s population and wealth boomed during the 1860s Central Otago Gold Rush, and for a brief period of time it became New Zealand’s largest urban area.
Today Dunedin has a diverse economy which includes manufacturing, publishing, tourism and technology-based industries. However, the mainstay of the city’s economy remains centered around tertiary education, with students from the University of Otago, New Zealand’s oldest university, and the Otago Polytechnic, accounting for a large proportion of the population; 21.6 per cent of the city’s population was aged between 15 and 24 at the 2006 census, compared to the New Zealand average of 14.2 per cent. In 2014 Dunedin was designated as a UNESCO City of Literature.
Purchasing Property in Dunedin?
Dunedin Māori History
Archaeological evidence shows the first human (Māori) occupation of New Zealand occurred between 1250 and 1300 AD, with population concentrated along the southeast coast. A camp site at Kaikai Beach, near Long Beach to the north of the present-day city of Dunedin, has been dated from about that time. There are numerous archaic (moa-hunter) sites in what is now Dunedin, several of them large and permanently occupied, particularly in the 14th century. The population contracted but expanded again with the evolution of the Classic Māori culture which saw the building of several pā, fortified settlements, notably Pukekura at (Taiaroa Head), about 1650. There was a settlement in what is now central Dunedin (Ōtepoti), occupied as late as about 1785 but abandoned by 1826. There were also Maori settlements at Whareakeake (Murdering Beach), Pūrākaunui, Mapoutahi (Goat Island Peninsula) and Huriawa (Karitane Peninsula) to the north, and at Taieri Mouth and Otokia (Henley) to the south, all inside the present boundaries of Dunedin.
Māori tradition tells first of a people called Kahui Tipua living in the area, then Te Rapuwai, semi-legendary but considered to be historical. The next arrivals were Waitaha, followed by Kāti Māmoe late in the 16th century and then Kai Tahu (Ngāi Tahu in modern standard Māori) who arrived in the mid-17th century. European accounts have often represented these successive influxes as “invasions”, but modern scholarship has cast doubt on that view. They were probably migrations – like those of the Europeans – which incidentally resulted in bloodshed. The sealer John Boultbee recorded in the late 1820s that the ‘Kaika Otargo’ (settlements around and near Otago Harbour) were the oldest and largest in the south.
Dunedin First Home Buyer?
Early European History of Dunedin
Lieutenant James Cook stood off what is now the coast of Dunedin between 25 February 1770 and 5 March 1770, naming Cape Saunders (on the Otago Peninsula) and Saddle Hill. He reported penguins and seals in the vicinity, which led Australian, American and British sealers to visit from the beginning of the 19th century. The early years of sealing saw a feud between sealers and local Māori from 1810 to 1823, the “Sealers’ War” sparked by an incident on Otago Harbour. William Tucker became the first European to settle in the area – in 1815.
Permanent European occupation dates from 1831, when the Weller brothers of New South Wales founded their whaling station at Otago (present-day Otakou) on the Otago Harbour. Epidemics severely reduced the Māori population. By the late 1830s the Harbour had become an international whaling port. Wright & Richards started a whaling station at Karitane in 1837 and Sydney-born Johnny Jones established a farming settlement and a mission station (the South Island’s first) at Waikouaiti in 1840. The settlements at Karitane and Waikouaiti have endured, making modern Dunedin one of the longest-standing European-settled territories in New Zealand.
New Zealand Image Gallery
Investment Properties in Dunedin?
Geography of Dunedin
The Dunedin City territorial authority has a land area of 3,314.8 km2 (1,279.9 sq mi), slightly larger than the American state of Rhode Island or the English county of Cambridgeshire, and a little smaller than Cornwall. It was the largest city in land area in New Zealand until the formation of the 5,600 km2 (2,200 sq mi) Auckland Council on 1 November 2010. The Dunedin City Council boundaries since 1989 have extended to Middlemarch in the west, Waikouaiti in the north, the Pacific Ocean in the east and south-east, and the Waipori/Taieri River and the township of Henley in the south-west.
Dunedin is situated at the head of Otago Harbour, a narrow inlet extending south-westward for some 15 miles. The harbour is a recent creation formed by the flooding of two river valleys. From the time of its foundation in 1848, the city has spread slowly over the low-lying flats and nearby hills and across the isthmus to the slopes of the Otago Peninsula.
Dunedin Mortgage Financing
Climate of Dunedin
The climate of Dunedin in general is temperate; however, the city is recognised as having a large number of microclimates and the weather conditions often vary between suburbs mostly due to the city’s topographical layout. Under the Köppen climate classification, Dunedin features an oceanic climate. The city’s climate is also influenced by its proximity to the ocean. This leads to mild summers and coolish winters. Winter is not particularly frosty with around 49 frosts per year, lower than most other South Island locations, but sunny. Snowfall is not particularly common but significant snowfall is uncommon (perhaps every two or three years), except in the inland hill suburbs such as Halfway Bush and Wakari, which tend to receive a few days of snowfall each year. Spring can feature “four seasons in a day” weather, but from November to April it is generally settled and mild. Temperatures during summer can reach 30 °C (86 °F). Due to its maritime influence, Dunedin’s mild summers and mild winters both stand out considering its latitude.
SCHEDULE A CALL WITH US TO VIEW MORTGAGE OPTIONS
Financing we can help with
Why work with us
We are owner operated and not aligned with any lenders
01
We have extensive experience
We all have over 10 years’ experience in banking and we understand the industry. We specialise in both residential and commercial financial advice.
02
We build relationships
We pride ourselves on building relationships with our customers and with our lenders to provide a more customised and personal experience.
03
Why work with us
We are owner-operated and are not aligned with any lenders
01
We have extensive experience in residential and commercial finance
02
We build relationships to provide a more customised and personal experience
03
Some of the banks & lenders we work with:
Correct as of April 2024
Custom Mortgages
Custom Mortgages is run by a group of mates – all bankers and each with many years experience in the industry. The team understands and knows the commercial, mortgage, and housing landscapes. With this experience, they can help you find a tailored, custom solution.
No two purchases, projects or businesses are the same, so why should your financing arrangements be?
Custom Mortgages
Custom Mortgages is run by a group of mates – all bankers and each with many years experience in the industry. The team understands and knows the commercial, mortgage, and housing landscapes. With this experience, they can help you find a tailored, custom solution.
No two purchases, projects or businesses are the same, so why should your financing arrangements be?