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Tony's View - February 2022

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Market Update - February 2022

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Why Dunedin is New Zealand's Best Little City 

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Dunedin is booming

The timing couldn’t be better for business to capitalise on new opportunities. Both the University and the Polytechnic are investing in significant development upgrading their campuses.  A $1.4B rebuild of Dunedin Hospital is due to commence around 2020. Early indications are that around 1,000 people will be needed in the city to assist in this project. Local Advisory Group convenor and former MP Pete Hodgson said the boom in the construction industry would not stop in 2026 when the hospital was completed. The University of Otago, Otago Polytechnic and the Dunedin City Council would be deliberately scheduling work for the years after the hospital build. “All this means that Dunedin’s construction sector is moving from a lower level of activity historically to a somewhat higher one for the next 12 or 15 years. “It isn’t going to be a boom and bust so much as one long and drawn-out boom.” (Source: www.odt.co.nz 18th July 2018)

Dunedin is a region of unique landscapes, is culturally rich, artistic, and has great heritage buildings

Enjoy getting close to rare wildlife and soaking up the quirky city vibe. Known as the Edinburgh of New Zealand, Dunedin is the country's city of the south, wearing its Scottish heritage with pride. Surrounded by dramatic hills and at the foot of a long, picturesque harbour, Dunedin is one of the best-preserved Victorian and Edwardian cities in the Southern Hemisphere. The accommodation is good and plentiful; the nightlife buzzes with funky bars and delicious restaurants and the natural attractions are unique and fascinating. 

Dunedin is a confident commercial centre with a global focus and a strong emphasis on design and innovation, underpinned by cohesive business connections and a burgeoning talent pool. The city is enriched by successful businesses that produce cutting-edge products and services selling into global markets over a sustained period.

Strong knowledge base

As a city, Dunedin is fortunate to have acclaimed educational institutions and a number of businesses with strong research networks and a robust focus on R&D. Students, academics and entrepreneurs all contribute to:

  • the internationally recognised research capability of the University of Otago

  • the product development and market-testing expertise of the Otago Polytechnic

  • high investment in R&D by local industries.

Innovation and talent

Dunedin people are smart and resourceful, and this is a youthful city. Health technologies and biotechnology, niche manufacturing and engineering, ICT and creative industries have all grown over the past decade, benefitting from a workforce of educated, talented people.

As at June 2012, 70.7% of Dunedin’s population were of working age (15–64) compared to 66.1% of New Zealand’s population. (Statistics New Zealand 2012)

The style of doing business is open and relaxed, based on personal reputation and integrity. Dunedin’s small size makes it perfect for creating and fostering networks.

High-quality amenities

Dunedin's residents enjoy a high standard of cultural, leisure, public and natural amenities. The city boasts an enviable range of parks, reserves, tracks and cycleways. Our world-class venues and community facilities cater for everything from sporting events to concerts, exhibitions to festivals. And we have New Zealand’s largest collection of heritage buildings, some creatively restored for commercial and residential use, others enjoyed as churches, theatres and galleries.

A great lifestyle - and awarded most beautiful New Zealand city 2018

Dunedin has a strong sense of place and cultural heritage, held together by active social networks and a commitment to local community. It’s easy to get around the city, and the housing is affordable.

Residents say housing is the most affordable in the country and also rate the city as having the greatest sense of community, with 84% of those surveyed feeling they had a positive overall quality of life. (Quality of Life Survey 2014)

The average travel time for vehicles on key suburb to city routes at peak times during the morning shows the average travel time on the four key routes measured is less than 15 minutes. (Dunedin City Council Annual Plan 2013/14)

Nourished by a stunning natural environment with more green space per person than any other city in New Zealand, Dunedin residents enjoy the benefits of a focus on environmental sustainability.

Dunedin has a fantastic food scene - click on the link below to check out this review:

https://www.goodfood.com.au/travel/international-destinations/southern-exposure-dunedins-evolving-food-and-drink-scene-20190402-h1d2lz?fbclid=IwAR0OdfUjy4dx3RXenm5beeiVeAHzwtgJtzleLBfdf5ZWzFFd9ICAQR3pxhk

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