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Cross-lease titles in Phillipstown

LINZ records 497 cross-lease titles in Phillipstown, 22.2% of its 2,243 live titles: above Christchurch City as a whole (15.6%) and well above New Zealand (8.7%).

Phillipstown: cross-lease titles

Cross-lease titles
497
Share of live titles
22.2%
Christchurch City share
15.6%
New Zealand share
8.7%
Rank by share in Christchurch City, among suburbs with 50+ cross-lease titles
joint 16 of 68

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

By share it is in the highest quarter of 68 in Christchurch City, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the top quarter of the 559 such suburbs.

How the cross-leases in Phillipstown are set up

More schemes have four or more flats on one section (48%, against 11% nationally), up to 20.

Two-flat schemes are less common here (34% of schemes, against 76% nationally).

More leases include a garage (60% of schemes, against 28% nationally).

Scheme structurePhillipstownChristchurch CityNew Zealand
Cross-lease schemes (shared sections)13412,52587,651
Two-flat schemes33.6%79.7%76.2%
Three-flat schemes17.9%7.8%12.2%
Four or more flats47.8%12.2%11.4%
Typical section size (from the titles, not a survey)903 m²809 m²908 m²
Typical land per flat253 m²369 m²408 m²
Schemes with a garage written into a lease60.4%52.2%28.4%
Schemes with a carport in a lease12.7%5.2%13.3%
Schemes with a separate exclusive-use area3.0%2.1%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)25.4%25.6%35.6%
Median year of earliest current title198419891988
Two-flat schemes on 700 m² or more336,56454,978

New cross-lease titles since 2020

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

Christchurch City suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
St Albans1,67424.5%
Riccarton1,33127.2%
Linwood1,16523.6%
Avonhead98224.2%
Sydenham98220.5%
Ilam96427.4%
Edgeware87036.8%
Woolston86215.2%
Spreydon85219.6%
Hornby83723.3%

Sources and limits