Leasehold titles in Melville
LINZ records 60 leasehold titles in Melville, 2.4% of its 2,458 live titles: above Hamilton City as a whole (1.8%) and well above New Zealand (1.2%).
- Leasehold titles
- 60
- Share of live titles
- 2.4%
- Hamilton City share
- 1.8%
- New Zealand share
- 1.2%
- Rank by share in Hamilton City, among suburbs with 50+ leasehold titles
- joint 6 of 12
Lease terms in Melville
47 of 60 are ground leases and 13 leasehold units; the largest group, 68%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 1 |
| Under 10 years left | 1 |
| 10 to 50 years left | 3 |
| More than 50 years left | 41 |
| Term mentions renewal | 1 |
| Term not stated or not readable | 13 |
New leasehold titles since 2020
8 of Melville's leasehold titles were first issued since 2020: 3% of all its new titles in that time, against Hamilton City (1%).
Hamilton City suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Hamilton East | 134 | 2.1% |
| Frankton | 120 | 2.4% |
| Whitiora | 107 | 8.9% |
| Fairfield | 98 | 3.7% |
| Dinsdale | 94 | 2.6% |
| Claudelands | 70 | 5.3% |
| St Andrews | 57 | 2.4% |
| Hillcrest | 53 | 1.9% |
| Glenview | 51 | 2.1% |
| Hamilton Central | 51 | 2.2% |