Back to Dunedin, New Zealand

16 Market Street, Saint Kilda, Dunedin City, Otago

Dunedin, New Zealand

Guide Price

$422,820

729,000 NZD

PROPERTY TYPE

house

BEDROOMS

6

BATHROOMS

2

16 Market Street, Saint Kilda, Dunedin City, Otago - Photo 2
16 Market Street, Saint Kilda, Dunedin City, Otago - Photo 3
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Description

Positioned on a flat 597m2 (more or less) section, this elegant character residence offers generous proportions, timeless charm, and exciting potential for the next owner to enhance the exterior and personalise. Upon entering the home, you are welcomed by a light-filled central hallway, creating an inviting first impression and providing easy access to the home's main living spaces. The property

features a formal lounge that flows through to a spacious open-plan kitchen and dining area, creating a seamless layout ideal for both everyday living and entertaining. The kitchen is spacious, and the added convenience of a separate walk-in pantry. On the ground floor, the home includes two bedrooms and a family bathroom, complete with a vanity, toilet, free-standing shower and combined laundry. Upstairs, the home offers four additional bedrooms and a second updated bathroom. This upper level provides excellent space for larger families while also presenting an opportunity for future enhancements to further add value. At the rear of the property, a separate utility space offers additional flexibility. This area would be ideal as a teenage retreat, home office, studio, or work-from-home space, adding further versatility to the property. Two heat pumps, a wood burner and HRV system keep the property warm and cosy in those cooler months. Completing the package is ample off-street parking and a double garage, providing practical convenience for families and visitors alike. With its combination of character, space, and future potential, this is a property that offers the opportunity to move in and enjoy while still allowing room to add your own personal touch.

Location

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Living in Dunedin

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Clayton Sievwright - Edinburgh Realty Ltd (Licensed: REAA 2008) - Dunedin

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD