Cross-lease titles in Pauanui
LINZ records 125 cross-lease titles in Pauanui, 4.5% of its 2,808 live titles: close to Thames-Coromandel District as a whole (4.8%) and well below New Zealand (8.7%).
- Cross-lease titles
- 125
- Share of live titles
- 4.5%
- Thames-Coromandel District share
- 4.8%
- New Zealand share
- 8.7%
- Rank by share in Thames-Coromandel District, among suburbs with 50+ cross-lease titles
- 3 of 4
By share it is 3rd highest of 4 in Thames-Coromandel 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 Pauanui are set up
Three-flat schemes are less common here (2%, against 12% nationally).
Fewer schemes have four or more flats on one section (2%, against 11% nationally), up to 20.
Carports appear in fewer leases (6% of schemes, against 13% nationally).
| Scheme structure | Pauanui | Thames-Coromandel District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 55 | 717 | 87,651 |
| Two-flat schemes | 96.4% | 90.7% | 76.2% |
| Three-flat schemes | 1.8% | 6.0% | 12.2% |
| Four or more flats | 1.8% | 3.1% | 11.4% |
| Typical section size (from the titles, not a survey) | 679 m² | 822 m² | 908 m² |
| Typical land per flat | 338 m² | 406 m² | 408 m² |
| Schemes with a garage written into a lease | 14.5% | 23.8% | 28.4% |
| Schemes with a carport in a lease | 5.5% | 2.9% | 13.3% |
| Schemes with a separate exclusive-use area | 5.5% | 12.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 18.2% | 35.1% | 35.6% |
| Median year of earliest current title | 1988 | 1990 | 1988 |
| Two-flat schemes on 700 m² or more | 21 | 551 | 54,978 |
Thames-Coromandel District suburbs with the most cross-lease titles
| Suburb | Cross-lease titles | Share |
|---|---|---|
| Whangamatā | 800 | 15.3% |
| Thames | 220 | 5.7% |
| Whitianga | 170 | 3.8% |