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Cross-lease titles in Swanson

LINZ records 56 cross-lease titles in Swanson, 2.3% of its 2,451 live titles: well below Auckland as a whole (14.4%) and well below New Zealand (8.7%).

Swanson: cross-lease titles

Cross-lease titles
56
Share of live titles
2.3%
Auckland share
14.4%
New Zealand share
8.7%
Rank by share in Auckland, among suburbs with 50+ cross-lease titles
148 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; across New Zealand it is in the bottom tenth of the 559 such suburbs.

How the cross-leases in Swanson are set up

Carports appear in fewer leases (7% of schemes, against 13% nationally).

More schemes refer to more than one flats plan (52%, against 36% nationally), usually because a plan was redrawn.

More land per flat than is typical in New Zealand: about 512 m² per flat, against 408 m².

Scheme structureSwansonAucklandNew Zealand
Cross-lease schemes (shared sections)2939,58987,651
Two-flat schemes82.8%73.7%76.2%
Three-flat schemes13.8%14.0%12.2%
Four or more flats0.0%12.0%11.4%
Typical section size (from the titles, not a survey)1,057 m²961 m²908 m²
Typical land per flat512 m²418 m²408 m²
Schemes with a garage written into a lease27.6%23.0%28.4%
Schemes with a carport in a lease6.9%19.2%13.3%
Schemes with a separate exclusive-use area0.0%5.5%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)51.7%42.1%35.6%
Median year of earliest current title198919891988
Two-flat schemes on 700 m² or more2426,27554,978

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