Leasehold titles in Karori
LINZ records 121 leasehold titles in Karori, 2.0% of its 5,915 live titles: above Wellington City as a whole (1.5%) and well above New Zealand (1.2%).
- Leasehold titles
- 121
- Share of live titles
- 2.0%
- Wellington City share
- 1.5%
- New Zealand share
- 1.2%
- Rank by share in Wellington City, among suburbs with 50+ leasehold titles
- 8 of 10
By share it is 3rd lowest of 10 in Wellington City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the bottom quarter of the 137 such suburbs.
Lease terms in Karori
All 121 are ground leases; the largest group, 89%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 0 |
| Under 10 years left | 0 |
| 10 to 50 years left | 2 |
| More than 50 years left | 108 |
| Term mentions renewal | 11 |
| Term not stated or not readable | 0 |
Wellington City suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Wellington Central | 123 | 3.5% |
| Miramar | 109 | 2.9% |
| Churton Park | 85 | 2.9% |
| Mount Victoria | 72 | 3.3% |
| Aro Valley | 71 | 6.4% |
| Te Aro | 71 | 0.8% |
| Tawa | 68 | 1.2% |
| Roseneath | 63 | 7.8% |
| Thorndon | 57 | 2.6% |