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Cross-lease titles in Narrow Neck

LINZ records 245 cross-lease titles in Narrow Neck, 25.5% of its 959 live titles: well above Auckland as a whole (14.4%) and well above New Zealand (8.7%).

Narrow Neck: cross-lease titles

Cross-lease titles
245
Share of live titles
25.5%
Auckland share
14.4%
New Zealand share
8.7%
Rank by share in Auckland, among suburbs with 50+ cross-lease titles
42 of 152

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

Across New Zealand its share is in the top quarter of the 559 such suburbs.

How the cross-leases in Narrow Neck are set up

More schemes have four or more flats on one section (22%, against 11% nationally), up to 10.

Carports appear in more leases (22% of schemes, against 13% nationally).

More leases include a garage (38% of schemes, against 28% nationally).

Scheme structureNarrow NeckAucklandNew Zealand
Cross-lease schemes (shared sections)9239,58987,651
Two-flat schemes63.0%73.7%76.2%
Three-flat schemes15.2%14.0%12.2%
Four or more flats21.7%12.0%11.4%
Typical section size (from the titles, not a survey)898 m²961 m²908 m²
Typical land per flat346 m²418 m²408 m²
Schemes with a garage written into a lease38.0%23.0%28.4%
Schemes with a carport in a lease21.7%19.2%13.3%
Schemes with a separate exclusive-use area4.3%5.5%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)37.0%42.1%35.6%
Median year of earliest current title198719891988
Two-flat schemes on 700 m² or more3426,27554,978

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