Cross-lease titles in Kaiti
LINZ records 54 cross-lease titles in Kaiti, 4.3% of its 1,267 live titles: well above Gisborne District as a whole (2.3%) and well below New Zealand (8.7%).
- Cross-lease titles
- 54
- Share of live titles
- 4.3%
- Gisborne District share
- 2.3%
- New Zealand share
- 8.7%
- Rank by share in Gisborne District, among suburbs with 50+ cross-lease titles
- 4 of 5
By share it is 2nd lowest of 5 in Gisborne District, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the bottom quarter of the 559 such suburbs.
How the cross-leases in Kaiti are set up
Carports appear in fewer leases (5% of schemes, against 13% nationally).
Fewer schemes refer to more than one flats plan (18%, against 36% nationally), usually because a plan was redrawn.
More schemes have four or more flats on one section (18%, against 11% nationally), up to 6.
| Scheme structure | Kaiti | Gisborne District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 22 | 236 | 87,651 |
| Two-flat schemes | 68.2% | 78.0% | 76.2% |
| Three-flat schemes | 13.6% | 13.6% | 12.2% |
| Four or more flats | 18.2% | 8.5% | 11.4% |
| Typical section size (from the titles, not a survey) | 1,032 m² | 878 m² | 908 m² |
| Typical land per flat | 448 m² | 404 m² | 408 m² |
| Schemes with a garage written into a lease | 27.3% | 32.2% | 28.4% |
| Schemes with a carport in a lease | 4.5% | 11.0% | 13.3% |
| Schemes with a separate exclusive-use area | 0.0% | 1.3% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 18.2% | 12.3% | 35.6% |
| Median year of earliest current title | 1986 | 1984 | 1988 |
| Two-flat schemes on 700 m² or more | 14 | 135 | 54,978 |
Gisborne District suburbs with the most cross-lease titles
| Suburb | Cross-lease titles | Share |
|---|---|---|
| Te Hāpara | 186 | 7.6% |
| Gisborne | 97 | 6.7% |
| Whataupoko | 90 | 5.3% |
| Mangapapa | 64 | 3.8% |