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Cross-lease titles in Greerton

LINZ records 449 cross-lease titles in Greerton, 27.1% of its 1,659 live titles: well above Tauranga City as a whole (13.5%) and well above New Zealand (8.7%).

Greerton: cross-lease titles

Cross-lease titles
449
Share of live titles
27.1%
Tauranga City share
13.5%
New Zealand share
8.7%
Rank by share in Tauranga City, among suburbs with 50+ cross-lease titles
1 of 18

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

By share it is the highest of 18 in Tauranga City, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the top tenth of the 559 such suburbs.

How the cross-leases in Greerton are set up

Fewer schemes have four or more flats on one section (3%, against 11% nationally), up to 20.

More schemes refer to more than one flats plan (55%, against 36% nationally), usually because a plan was redrawn.

Scheme structureGreertonTauranga CityNew Zealand
Cross-lease schemes (shared sections)2074,11987,651
Two-flat schemes86.5%82.8%76.2%
Three-flat schemes10.1%11.1%12.2%
Four or more flats3.4%6.0%11.4%
Typical section size (from the titles, not a survey)827 m²850 m²908 m²
Typical land per flat408 m²410 m²408 m²
Schemes with a garage written into a lease28.0%19.0%28.4%
Schemes with a carport in a lease12.1%7.9%13.3%
Schemes with a separate exclusive-use area5.3%4.6%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)54.6%48.8%35.6%
Median year of earliest current title198619871988
Two-flat schemes on 700 m² or more1693,06254,978

New cross-lease titles since 2020

8 of Greerton's cross-lease titles were first issued since 2020: 6% of all its new titles in that time, well above Tauranga City (3%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).

Tauranga City suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Mount Maunganui2,45217.4%
Otūmoetai91024.0%
Papamoa Beach8967.1%
Tauranga South68525.7%
Gate Pa58622.9%
Matua42519.0%
Welcome Bay3969.8%
Judea38423.5%
Brookfield37817.9%
Bellevue36323.6%

Sources and limits