Leasehold titles in Aro Valley
LINZ records 71 leasehold titles in Aro Valley, 6.4% of its 1,101 live titles: well above Wellington City as a whole (1.5%) and well above New Zealand (1.2%).
- Leasehold titles
- 71
- Share of live titles
- 6.4%
- Wellington City share
- 1.5%
- New Zealand share
- 1.2%
- Rank by share in Wellington City, among suburbs with 50+ leasehold titles
- 2 of 10
By share it is 2nd highest of 10 in Wellington City, among suburbs with 50 or more leasehold titles.
Lease terms in Aro Valley
All 71 are ground leases; the largest group, 51%, comprises leases with no stated or readable term.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 0 |
| Under 10 years left | 0 |
| 10 to 50 years left | 0 |
| More than 50 years left | 35 |
| Term mentions renewal | 0 |
| Term not stated or not readable | 36 |
New leasehold titles since 2020
13 of Aro Valley's leasehold titles were first issued since 2020: 18% of all its new titles in that time, well above Wellington City (2%).
Wellington City suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Wellington Central | 123 | 3.5% |
| Karori | 121 | 2.0% |
| Miramar | 109 | 2.9% |
| Churton Park | 85 | 2.9% |
| Mount Victoria | 72 | 3.3% |
| Te Aro | 71 | 0.8% |
| Tawa | 68 | 1.2% |
| Roseneath | 63 | 7.8% |
| Thorndon | 57 | 2.6% |