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Cross-lease titles in Strandon

LINZ records 231 cross-lease titles in Strandon, 18.5% of its 1,246 live titles: well above New Plymouth District as a whole (6.6%) and well above New Zealand (8.7%).

Strandon: cross-lease titles

Cross-lease titles
231
Share of live titles
18.5%
New Plymouth District share
6.6%
New Zealand share
8.7%
Rank by share in New Plymouth District, among suburbs with 50+ cross-lease titles
2 of 16

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is 2nd highest of 16 in New Plymouth District, among suburbs with 50 or more cross-lease titles.

How the cross-leases in Strandon are set up

More schemes have four or more flats on one section (30%, against 11% nationally), up to 8.

Three-flat schemes are more common here (25%, against 12% nationally).

Two-flat schemes are less common here (45% of schemes, against 76% nationally).

Scheme structureStrandonNew Plymouth DistrictNew Zealand
Cross-lease schemes (shared sections)891,09487,651
Two-flat schemes44.9%66.6%76.2%
Three-flat schemes24.7%17.6%12.2%
Four or more flats30.3%15.8%11.4%
Typical section size (from the titles, not a survey)855 m²809 m²908 m²
Typical land per flat272 m²337 m²408 m²
Schemes with a garage written into a lease46.1%38.9%28.4%
Schemes with a carport in a lease13.5%15.5%13.3%
Schemes with a separate exclusive-use area4.5%7.8%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)24.7%27.6%35.6%
Median year of earliest current title198819901988
Two-flat schemes on 700 m² or more1943054,978

New cross-lease titles since 2020

6 of Strandon's cross-lease titles were first issued since 2020: 8% of all its new titles in that time, well above New Plymouth District (2%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).

New Plymouth District suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Westown38614.5%
New Plymouth33310.9%
Waitara1955.5%
Merrilands18110.3%
Fitzroy16317.1%
Moturoa15715.0%
Lower Vogeltown14222.6%
Vogeltown13316.6%
Spotswood12710.9%
Bell Block1234.0%

Sources and limits