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Cross-lease titles in Grey Lynn

LINZ records 379 cross-lease titles in Grey Lynn, 6.7% of its 5,638 live titles: well below Auckland as a whole (14.4%) and below New Zealand (8.7%).

Grey Lynn: cross-lease titles

Cross-lease titles
379
Share of live titles
6.7%
Auckland share
14.4%
New Zealand share
8.7%
Rank by share in Auckland, among suburbs with 50+ cross-lease titles
129 of 152

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is in the lowest quarter of 152 in Auckland, among suburbs with 50 or more cross-lease titles.

How the cross-leases in Grey Lynn are set up

Fewer leases include a garage (11% of schemes, against 28% nationally).

Separate exclusive-use areas are more common (10% of schemes, against 5% nationally).

More schemes have four or more flats on one section (16%, against 11% nationally), up to 15.

Scheme structureGrey LynnAucklandNew Zealand
Cross-lease schemes (shared sections)16139,58987,651
Two-flat schemes71.4%73.7%76.2%
Three-flat schemes12.4%14.0%12.2%
Four or more flats16.1%12.0%11.4%
Typical section size (from the titles, not a survey)667 m²961 m²908 m²
Typical land per flat311 m²418 m²408 m²
Schemes with a garage written into a lease10.6%23.0%28.4%
Schemes with a carport in a lease12.4%19.2%13.3%
Schemes with a separate exclusive-use area9.9%5.5%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)42.9%42.1%35.6%
Median year of earliest current title199019891988
Two-flat schemes on 700 m² or more3326,27554,978

New cross-lease titles since 2020

6 of Grey Lynn's cross-lease titles were first issued since 2020: 1% of all its new titles in that time, close to Auckland (1%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).

Auckland suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Papatoetoe3,99825.8%
Remuera3,04626.7%
Mount Roskill2,89128.3%
Mount Wellington2,70024.1%
Glenfield2,34736.6%
Epsom2,33529.8%
New Lynn2,01624.4%
Mount Eden2,00520.7%
Onehunga1,98522.3%
Papakura1,90216.8%

Sources and limits