Police have today located the body of missing Dunedin woman Nicola Hedley.

Teams had been searching for Miss Hedley in the Harrington Point area.

Up to 60 volunteers from Land Search and Rescue have assisted, as well as the Coastguard and specialist search and rescue dogs.

Miss Hedley's family say they are saddened by the news that the search teams found the body of their "beautiful girl Nic."

"We are so grateful for everyone's support and the hard work which went into the search effort," they said.