Leasehold titles in Taradale
LINZ records 500 leasehold titles in Taradale, 8.8% of its 5,692 live titles: close to Napier City as a whole (8.4%) and well above New Zealand (1.2%).
- Leasehold titles
- 500
- Share of live titles
- 8.8%
- Napier City share
- 8.4%
- New Zealand share
- 1.2%
- Rank by share in Napier City, among suburbs with 50+ leasehold titles
- 8 of 9
By share it is 2nd lowest of 9 in Napier City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the top quarter of the 137 such suburbs.
Lease terms in Taradale
492 of 500 are ground leases and 8 leasehold units; the largest group, 93%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 3 |
| Under 10 years left | 0 |
| 10 to 50 years left | 1 |
| More than 50 years left | 467 |
| Term mentions renewal | 17 |
| Term not stated or not readable | 12 |
New leasehold titles since 2020
8 of Taradale's leasehold titles were first issued since 2020: 4% of all its new titles in that time, against Napier City (2%).