Leasehold titles in Greymouth
LINZ records 355 leasehold titles in Greymouth, 12.9% of its 2,757 live titles: well above Grey District as a whole (4.2%) and well above New Zealand (1.2%).
- Leasehold titles
- 355
- Share of live titles
- 12.9%
- Grey District share
- 4.2%
- New Zealand share
- 1.2%
Across New Zealand its share is in the top quarter of the 137 such suburbs.
Lease terms in Greymouth
All 355 are ground leases; the largest group, 94%, comprises leases that mention renewal, including perpetually renewable leases.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 8 |
| Under 10 years left | 3 |
| 10 to 50 years left | 8 |
| More than 50 years left | 0 |
| Term mentions renewal | 334 |
| Term not stated or not readable | 2 |
New leasehold titles since 2020
76 of Greymouth's leasehold titles were first issued since 2020: 50% of all its new titles in that time, well above Grey District (14%).