Missing Dunedin woman Alice Tocher has been found and is in a Brisbane hospital, her father has confirmed.

The mother-of-three went missing after dropping her daughter off in St Kilda on Thursday last week and flew from Christchurch to Brisbane the next day.

Her father, Peter Tocher, said she was found just before 11pm yesterday.

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"She's not well and has been taken by police to Royal Brisbane Hospital," he told the Otago Daily Times this morning.

He was waiting for an update on her condition.

Mr Tocher and his wife Jennine, who live in Melbourne, joined the search yesterday.

Their 31-year-old daughter was last seen at a Brisbane backpacker's hostel in Upper Roma St on Saturday, Brisbane police said yesterday.

Her handbag, containing her passport and driver's licence, was found under a bridge in Brisbane on Monday.

Her parents arrived in Brisbane about 9.30am yesterday to join the search.

Mr Tocher yesterday told the ODT that being actively involved in the search was less stressful than waiting in Melbourne.