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Cross-lease titles in Woodridge

LINZ records 186 cross-lease titles in Woodridge, 25.4% of its 733 live titles: well above Wellington City as a whole (5.6%) and well above New Zealand (8.7%).

Woodridge: cross-lease titles

Cross-lease titles
186
Share of live titles
25.4%
Wellington City share
5.6%
New Zealand share
8.7%
Rank by share in Wellington City, among suburbs with 50+ cross-lease titles
1 of 23

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is the highest of 23 in Wellington City, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the top quarter of the 559 such suburbs.

How the cross-leases in Woodridge are set up

Fewer leases include a garage (5% of schemes, against 28% nationally).

Carports appear in fewer leases (3% of schemes, against 13% nationally).

Separate exclusive-use areas are less common (2% of schemes, against 5% nationally).

Scheme structureWoodridgeWellington CityNew Zealand
Cross-lease schemes (shared sections)952,13087,651
Two-flat schemes100.0%82.4%76.2%
Three-flat schemes0.0%6.7%12.2%
Four or more flats0.0%10.4%11.4%
Typical section size (from the titles, not a survey)733 m²759 m²908 m²
Typical land per flat366 m²350 m²408 m²
Schemes with a garage written into a lease5.3%18.0%28.4%
Schemes with a carport in a lease3.2%8.1%13.3%
Schemes with a separate exclusive-use area2.1%4.3%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)53.7%22.5%35.6%
Median year of earliest current title199419871988
Two-flat schemes on 700 m² or more6399154,978

Wellington City suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Johnsonville61613.1%
Karori4697.9%
Tawa3806.8%
Miramar3358.8%
Newlands32810.5%
Churton Park2719.2%
Khandallah2306.6%
Lyall Bay16611.7%
Ngaio1647.0%
Island Bay1504.9%

Sources and limits