Leasehold titles in Parnell
LINZ records 74 leasehold titles in Parnell, 1.6% of its 4,746 live titles: well above Auckland as a whole (0.8%) and against New Zealand (1.2%).
- Leasehold titles
- 74
- Share of live titles
- 1.6%
- Auckland share
- 0.8%
- New Zealand share
- 1.2%
- Rank by share in Auckland, among suburbs with 50+ leasehold titles
- joint 12 of 19
Across New Zealand its share is in the bottom quarter of the 137 such suburbs.
Lease terms in Parnell
73 of 74 are ground leases and 1 leasehold units; the largest group, 69%, comprises leases that mention renewal, including perpetually renewable leases.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 0 |
| Under 10 years left | 1 |
| 10 to 50 years left | 0 |
| More than 50 years left | 18 |
| Term mentions renewal | 51 |
| Term not stated or not readable | 4 |
New leasehold titles since 2020
24 of Parnell's leasehold titles were first issued since 2020: 6% of all its new titles in that time, well above 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% |
| Favona | 106 | 4.0% |
| Henderson | 98 | 0.7% |
| Grafton | 83 | 2.1% |
| Onehunga | 83 | 0.9% |
| Mount Roskill | 82 | 0.8% |
| Ardmore | 75 | 24.4% |