Leasehold titles in Riccarton
LINZ records 76 leasehold titles in Riccarton, 1.6% of its 4,900 live titles: well above Christchurch City as a whole (0.5%) and against New Zealand (1.2%).
- Leasehold titles
- 76
- Share of live titles
- 1.6%
- Christchurch City share
- 0.5%
- New Zealand share
- 1.2%
- Rank by share in Christchurch City, among suburbs with 50+ leasehold titles
- 3 of 6
By share it is 3rd highest of 6 in Christchurch City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the bottom quarter of the 137 such suburbs.
Lease terms in Riccarton
Most (41 of 76) are leasehold units in unit-title developments; the largest group, 55%, comprises leases with no stated or readable term.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 6 |
| Under 10 years left | 4 |
| 10 to 50 years left | 7 |
| More than 50 years left | 8 |
| Term mentions renewal | 9 |
| Term not stated or not readable | 42 |
New leasehold titles since 2020
6 of Riccarton's leasehold titles were first issued since 2020: 1% of all its new titles in that time, close to Christchurch City (1%).
Christchurch City suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Northwood | 108 | 4.9% |
| Shirley | 72 | 2.8% |
| Christchurch Central | 55 | 0.6% |
| Addington | 51 | 1.5% |
| Burnside | 51 | 1.4% |