Leasehold titles in Favona
LINZ records 106 leasehold titles in Favona, 4.0% of its 2,653 live titles: well above Auckland as a whole (0.8%) and well above New Zealand (1.2%).
- Leasehold titles
- 106
- Share of live titles
- 4.0%
- Auckland share
- 0.8%
- New Zealand share
- 1.2%
- Rank by share in Auckland, among suburbs with 50+ leasehold titles
- 5 of 19
Lease terms in Favona
All 106 are ground leases; the largest group, 57%, comprises leases that mention renewal, including perpetually renewable leases.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 40 |
| Under 10 years left | 6 |
| 10 to 50 years left | 0 |
| More than 50 years left | 0 |
| Term mentions renewal | 60 |
| Term not stated or not readable | 0 |
New leasehold titles since 2020
16 of Favona's leasehold titles were first issued since 2020: 4% of all its new titles in that time, against Auckland (1%).
Auckland suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Auckland Central | 1,994 | 6.5% |
| Waitematā Harbour | 344 | 93.2% |
| St Johns | 213 | 6.8% |
| Māngere | 146 | 2.3% |
| Henderson | 98 | 0.7% |
| Grafton | 83 | 2.1% |
| Onehunga | 83 | 0.9% |
| Mount Roskill | 82 | 0.8% |
| Ardmore | 75 | 24.4% |
| Parnell | 74 | 1.6% |