1 Afton Terrace, North East Valley, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$260,420
449,000 NZD
PROPERTY TYPE
house
BEDROOMS
2
BATHROOMS
1
Description
Freshly painted outside, sparkling clean in - pristine and ready. Two big double bedrooms, lounge soaking up the valley views. Sunny northern kitchen with table space for those lazy breakfasts and late night card games with mates. Basement garage with storage to hide away any clutter. Quaint leadlight windows for character, double glazing on key spots and the roof is under 15 years old. The heat pump plus log burner keep the home cosy year-round. Located at the end of a quiet cul-de-sac, a two-minute walk to Chingford Park - dogs off-leash, kids running wild, pure Dunedin magic. Shops, bus, uni all close. First-timer? Move in - no reno, no stress. Warm, bright, yours. Low overheads, easy lending - feels like a big hug from day one. Investor? Two super-happy tenants at $500/week, keen to stay. Solid tenants, easy-care, tidy and a handy
location to the university. Cashflow today, equity tomorrow. Genuine reasons for vendors selling as they wish to liquidate funds for a business venture. Come and visit at the scheduled open homes.
Location
Open in Google MapsLiving 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→New Zealand at a glance
How New Zealand scores for American expats
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
Judd de la Roche - Property Brokers Ltd (Licensed: REAA 2008) - Mosgiel
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD