Cross-lease titles in Sydenham
LINZ records 982 cross-lease titles in Sydenham, 20.5% of its 4,787 live titles: above Christchurch City as a whole (15.6%) and well above New Zealand (8.7%).
- Cross-lease titles
- 982
- Share of live titles
- 20.5%
- Christchurch City share
- 15.6%
- New Zealand share
- 8.7%
- Rank by share in Christchurch City, among suburbs with 50+ cross-lease titles
- 20 of 68
Across New Zealand its share is in the top quarter of the 559 such suburbs.
How the cross-leases in Sydenham are set up
More schemes have four or more flats on one section (42%, against 11% nationally), up to 16.
Separate exclusive-use areas are less common (2% of schemes, against 5% nationally).
More leases include a garage (56% of schemes, against 28% nationally).
| Scheme structure | Sydenham | Christchurch City | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 287 | 12,525 | 87,651 |
| Two-flat schemes | 40.4% | 79.7% | 76.2% |
| Three-flat schemes | 17.1% | 7.8% | 12.2% |
| Four or more flats | 41.8% | 12.2% | 11.4% |
| Typical section size (from the titles, not a survey) | 860 m² | 809 m² | 908 m² |
| Typical land per flat | 262 m² | 369 m² | 408 m² |
| Schemes with a garage written into a lease | 55.7% | 52.2% | 28.4% |
| Schemes with a carport in a lease | 10.1% | 5.2% | 13.3% |
| Schemes with a separate exclusive-use area | 2.1% | 2.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 18.5% | 25.6% | 35.6% |
| Median year of earliest current title | 1986 | 1989 | 1988 |
| Two-flat schemes on 700 m² or more | 65 | 6,564 | 54,978 |
New cross-lease titles since 2020
10 of Sydenham's cross-lease titles were first issued since 2020: 2% of all its new titles in that time, against Christchurch City (1%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).