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Cross-lease titles in Katikati

LINZ records 136 cross-lease titles in Katikati, 5.1% of its 2,658 live titles: well above Western Bay of Plenty District as a whole (2.8%) and well below New Zealand (8.7%).

Katikati: cross-lease titles

Cross-lease titles
136
Share of live titles
5.1%
Western Bay of Plenty District share
2.8%
New Zealand share
8.7%
Rank by share in Western Bay of Plenty District, among suburbs with 50+ cross-lease titles
2 of 4

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

By share it is 2nd highest of 4 in Western Bay of Plenty 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 Katikati are set up

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

Carports appear in fewer leases (7% of schemes, against 13% nationally).

Fewer leases include a garage (19% of schemes, against 28% nationally).

Scheme structureKatikatiWestern Bay of Plenty DistrictNew Zealand
Cross-lease schemes (shared sections)5936787,651
Two-flat schemes79.7%85.6%76.2%
Three-flat schemes11.9%9.0%12.2%
Four or more flats8.5%5.4%11.4%
Typical section size (from the titles, not a survey)1,011 m²938 m²908 m²
Typical land per flat458 m²438 m²408 m²
Schemes with a garage written into a lease18.6%22.9%28.4%
Schemes with a carport in a lease6.8%5.2%13.3%
Schemes with a separate exclusive-use area1.7%3.3%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)47.5%36.8%35.6%
Median year of earliest current title198619871988
Two-flat schemes on 700 m² or more4429954,978

Western Bay of Plenty District suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Te Puke3888.4%
Waihi Beach964.1%
Ōmokoroa501.7%

Sources and limits