Cross-lease titles in Wallaceville
LINZ records 282 cross-lease titles in Wallaceville, 14.8% of its 1,911 live titles: above Upper Hutt City as a whole (11.7%) and well above New Zealand (8.7%).
Wallaceville: cross-lease titles
- Cross-lease titles
- 282
- Share of live titles
- 14.8%
- Upper Hutt City share
- 11.7%
- New Zealand share
- 8.7%
- Rank by share in Upper Hutt City, among suburbs with 50+ cross-lease titles
- 4 of 11
How the cross-leases in Wallaceville are set up
Fewer schemes refer to more than one flats plan (11%, against 36% nationally), usually because a plan was redrawn.
Fewer leases include a garage (9% of schemes, against 28% nationally).
Three-flat schemes are more common here (26%, against 12% nationally).
| Scheme structure | Wallaceville | Upper Hutt City | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 106 | 921 | 87,651 |
| Two-flat schemes | 52.8% | 73.2% | 76.2% |
| Three-flat schemes | 26.4% | 14.7% | 12.2% |
| Four or more flats | 20.8% | 11.9% | 11.4% |
| Typical section size (from the titles, not a survey) | 870 m² | 804 m² | 908 m² |
| Typical land per flat | 306 m² | 328 m² | 408 m² |
| Schemes with a garage written into a lease | 9.4% | 16.8% | 28.4% |
| Schemes with a carport in a lease | 17.9% | 19.5% | 13.3% |
| Schemes with a separate exclusive-use area | 4.7% | 3.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 11.3% | 18.0% | 35.6% |
| Median year of earliest current title | 1982 | 1983 | 1988 |
| Two-flat schemes on 700 m² or more | 26 | 367 | 54,978 |
New cross-lease titles since 2020
6 of Wallaceville's cross-lease titles were first issued since 2020: 1% of all its new titles in that time, against Upper Hutt City (2%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).