Cross-lease titles in Ngāruawāhia
LINZ records 199 cross-lease titles in Ngāruawāhia, 5.8% of its 3,458 live titles: well above Waikato District as a whole (1.9%) and well below New Zealand (8.7%).
Ngāruawāhia: cross-lease titles
- Cross-lease titles
- 199
- Share of live titles
- 5.8%
- Waikato District share
- 1.9%
- New Zealand share
- 8.7%
- Rank by share in Waikato District, among suburbs with 50+ cross-lease titles
- 2 of 4
By share it is 2nd highest of 4 in Waikato 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 Ngāruawāhia are set up
Carports appear in fewer leases (6% of schemes, against 13% nationally).
Fewer leases include a garage (15% of schemes, against 28% nationally).
Three-flat schemes are more common here (19%, against 12% nationally).
| Scheme structure | Ngāruawāhia | Waikato District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 83 | 330 | 87,651 |
| Two-flat schemes | 68.7% | 78.8% | 76.2% |
| Three-flat schemes | 19.3% | 13.6% | 12.2% |
| Four or more flats | 12.0% | 7.0% | 11.4% |
| Typical section size (from the titles, not a survey) | 1,086 m² | 1,024 m² | 908 m² |
| Typical land per flat | 442 m² | 498 m² | 408 m² |
| Schemes with a garage written into a lease | 14.5% | 23.9% | 28.4% |
| Schemes with a carport in a lease | 6.0% | 4.8% | 13.3% |
| Schemes with a separate exclusive-use area | 3.6% | 8.2% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 42.2% | 33.9% | 35.6% |
| Median year of earliest current title | 1987 | 1987 | 1988 |
| Two-flat schemes on 700 m² or more | 50 | 250 | 54,978 |