Otago - Dunedin

Dunedin

The Student market dominates in Dunedin, with student flats being advertised mid year for next year’s occupation.

The date of the sudden increase in advertised flats changes from year to year as though there is a cooperative agreement between landlords which lasts a 2-3 years??


However as the market is getting out of balance with too few properties for the demand, the timing of the event is getting earlier. BUT, in 2020 that changed a little as rental inventory is much higher than previous years, the early advertising cartel appears to have struggled in 2020, 2021 is an even smaller jump, maybe the changes to rules are destroying the cartel behaviour.


Jonette 2011