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Cross-lease titles in Pakuranga

LINZ records 780 cross-lease titles in Pakuranga, 21.1% of its 3,691 live titles: above Auckland as a whole (14.4%) and well above New Zealand (8.7%).

Pakuranga: cross-lease titles

Cross-lease titles
780
Share of live titles
21.1%
Auckland share
14.4%
New Zealand share
8.7%
Rank by share in Auckland, among suburbs with 50+ cross-lease titles
63 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 Pakuranga are set up

Fewer schemes have four or more flats on one section (4%, against 11% nationally), up to 10.

Carports appear in more leases (25% of schemes, against 13% nationally).

Three-flat schemes are more common here (17%, against 12% nationally).

Scheme structurePakurangaAucklandNew Zealand
Cross-lease schemes (shared sections)34639,58987,651
Two-flat schemes79.5%73.7%76.2%
Three-flat schemes16.8%14.0%12.2%
Four or more flats3.8%12.0%11.4%
Typical section size (from the titles, not a survey)923 m²961 m²908 m²
Typical land per flat422 m²418 m²408 m²
Schemes with a garage written into a lease24.0%23.0%28.4%
Schemes with a carport in a lease24.9%19.2%13.3%
Schemes with a separate exclusive-use area3.5%5.5%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)30.9%42.1%35.6%
Median year of earliest current title198619891988
Two-flat schemes on 700 m² or more23826,27554,978

New cross-lease titles since 2020

9 of Pakuranga'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