Cross-lease titles in Whangamatā
LINZ records 800 cross-lease titles in Whangamatā, 15.3% of its 5,224 live titles: well above Thames-Coromandel District as a whole (4.8%) and well above New Zealand (8.7%).
Whangamatā: cross-lease titles
- Cross-lease titles
- 800
- Share of live titles
- 15.3%
- 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
- 1 of 4
By share it is the highest of 4 in Thames-Coromandel District, among suburbs with 50 or more cross-lease titles.
How the cross-leases in Whangamatā are set up
Carports appear in fewer leases (2% of schemes, against 13% nationally).
Fewer schemes have four or more flats on one section (3%, against 11% nationally), up to 18.
Separate exclusive-use areas are more common (15% of schemes, against 5% nationally).
| Scheme structure | Whangamatā | Thames-Coromandel District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 402 | 717 | 87,651 |
| Two-flat schemes | 92.0% | 90.7% | 76.2% |
| Three-flat schemes | 5.0% | 6.0% | 12.2% |
| Four or more flats | 2.7% | 3.1% | 11.4% |
| Typical section size (from the titles, not a survey) | 817 m² | 822 m² | 908 m² |
| Typical land per flat | 406 m² | 406 m² | 408 m² |
| Schemes with a garage written into a lease | 26.6% | 23.8% | 28.4% |
| Schemes with a carport in a lease | 2.0% | 2.9% | 13.3% |
| Schemes with a separate exclusive-use area | 15.2% | 12.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 41.8% | 35.1% | 35.6% |
| Median year of earliest current title | 1990 | 1990 | 1988 |
| Two-flat schemes on 700 m² or more | 339 | 551 | 54,978 |
New cross-lease titles since 2020
30 of Whangamatā's cross-lease titles were first issued since 2020: 14% of all its new titles in that time, well above Thames-Coromandel District (2%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).