57 Burns Street, South Dunedin, Dunedin

Welcome to 57 Burns Street, South Dunedin, an architecturally designed collection of four brand-new homes that combine style, practicality, and everyday convenience. Each residence offers a functional two-bedroom, one-bathroom layout, with House 1 providing a unique dual-key option, featuring a one-bedroom home plus a self-contained studio, perfect for extended family living or generating additional income. Designed for easy, modern living, all homes feature private timber decks, off-street car parking, and low-maintenance landscaping.

Step inside to enjoy light-filled, open-plan living with quality finishes, Samsung appliances, and keyless entry for added comfort and security. Whether you’re settling in or investing, these homes deliver a seamless blend of functionality and modern design, ideal for a low-maintenance lifestyle.

Perfectly positioned, 57 Burns Street offers excellent access to the city centre, harbour, and the scenic beaches of St Clair and St Kilda. Local parks, schools, and the South Dunedin Shopping Precinct are all nearby, making this a prime location for those seeking lifestyle, convenience, and community connection.

Completion due Q3 2026

Location

57 Burns Street is located in South Dunedin, just a short drive from the city centre. This well-connected area offers easy access to local shops, schools, parks, and public transport, with St Clair and St Kilda beaches also nearby. The flat terrain and established infrastructure make it a convenient and accessible neighbourhood for residents.

• Carisbrook School 750m

• PAK'nSAVE Dunedin 1.0km

• Saint Clair Beach 2.4km

• The Octagon 2.8km

• University of Otago 4.1km

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

57 Burns Street, located in South Dunedin, offers a compelling entry point into one of Dunedin’s most affordable suburbs. With a median house price of approximately $415,000, well below the citywide median of around $605,000, the suburb remains accessible for investors looking to secure strong cash flow. The local rental market is robust, with a median rent of around $490 per week and gross yields sitting close to 6.0%, outperforming many other areas in the region. High rental demand, supported by a significant renter population, ensures low vacancy rates and consistent income potential.

This particular development offers a rental yield of between 4.9%-5.0% and above median rents of between $550-$620 per week.

While capital growth in South Dunedin has been modest in recent years, the long-term outlook remains stable. Average property values have risen slightly over the past two years, and continued investment in the wider Dunedin area supports future appreciation. The suburb's value proposition lies in its strong rental returns and affordability, making it ideal for income-focused investors or those looking to build a diversified portfolio.

The area benefits from excellent connectivity to the central city, hospital, and university precincts, just a 10-minute drive or easy public transport ride away. Recent and planned infrastructure upgrades across the city, including a $380 million investment in transport renewals and improvements to arterial roads and bus networks, are further enhancing accessibility. South Dunedin also connects to the new Te Aka Otakou shared pathway, offering a scenic and functional link to central Dunedin for cyclists and pedestrians alike.

While South Dunedin has historically faced flood risk, the Dunedin City Council has committed over $40 million to address stormwater and drainage infrastructure in the area. These efforts, combined with broader city development, including the new Dunedin Hospital build, position South Dunedin for long-term resilience and improvement. For investors, 57 Burns Street represents a low-entry, high-yield opportunity in a suburb poised to benefit from both targeted infrastructure investment and increasing demand for affordable, well-located housing.

Current projects