Cross-lease titles in Havelock North
LINZ records 368 cross-lease titles in Havelock North, 5.3% of its 6,963 live titles: close to Hastings District as a whole (5.0%) and well below New Zealand (8.7%).
Havelock North: cross-lease titles
- Cross-lease titles
- 368
- Share of live titles
- 5.3%
- Hastings District share
- 5.0%
- New Zealand share
- 8.7%
- Rank by share in Hastings District, among suburbs with 50+ cross-lease titles
- 8 of 10
By share it is 3rd lowest of 10 in Hastings 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 Havelock North are set up
Carports appear in fewer leases (3% of schemes, against 13% nationally).
Separate exclusive-use areas are more common (8% of schemes, against 5% nationally).
Three-flat schemes are more common here (18%, against 12% nationally).
| Scheme structure | Havelock North | Hastings District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 166 | 848 | 87,651 |
| Two-flat schemes | 66.9% | 71.6% | 76.2% |
| Three-flat schemes | 17.5% | 16.3% | 12.2% |
| Four or more flats | 15.7% | 12.1% | 11.4% |
| Typical section size (from the titles, not a survey) | 1,064 m² | 1,005 m² | 908 m² |
| Typical land per flat | 480 m² | 430 m² | 408 m² |
| Schemes with a garage written into a lease | 25.3% | 28.2% | 28.4% |
| Schemes with a carport in a lease | 3.0% | 4.4% | 13.3% |
| Schemes with a separate exclusive-use area | 8.4% | 6.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 44.0% | 38.0% | 35.6% |
| Median year of earliest current title | 1994 | 1992 | 1988 |
| Two-flat schemes on 700 m² or more | 108 | 535 | 54,978 |
New cross-lease titles since 2020
7 of Havelock North's cross-lease titles were first issued since 2020: 1% of all its new titles in that time, close to Hastings District (1%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).