Cross-lease titles in Ōmokoroa
LINZ records 50 cross-lease titles in Ōmokoroa, 1.7% of its 2,918 live titles: well below Western Bay of Plenty District as a whole (2.8%) and well below New Zealand (8.7%).
- Cross-lease titles
- 50
- Share of live titles
- 1.7%
- 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
- 4 of 4
By share it is the lowest 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 tenth of the 559 such suburbs.
How the cross-leases in Ōmokoroa are set up
Carports appear in fewer leases (4% of schemes, against 13% nationally).
Three-flat schemes are less common here (8%, against 12% nationally).
Fewer leases include a garage (20% of schemes, against 28% nationally).
| Scheme structure | Ōmokoroa | Western Bay of Plenty District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 25 | 367 | 87,651 |
| Two-flat schemes | 92.0% | 85.6% | 76.2% |
| Three-flat schemes | 8.0% | 9.0% | 12.2% |
| Four or more flats | 0.0% | 5.4% | 11.4% |
| Typical section size (from the titles, not a survey) | 870 m² | 938 m² | 908 m² |
| Typical land per flat | 430 m² | 438 m² | 408 m² |
| Schemes with a garage written into a lease | 20.0% | 22.9% | 28.4% |
| Schemes with a carport in a lease | 4.0% | 5.2% | 13.3% |
| Schemes with a separate exclusive-use area | 4.0% | 3.3% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 28.0% | 36.8% | 35.6% |
| Median year of earliest current title | 1985 | 1987 | 1988 |
| Two-flat schemes on 700 m² or more | 22 | 299 | 54,978 |
Western Bay of Plenty District suburbs with the most cross-lease titles
| Suburb | Cross-lease titles | Share |
|---|---|---|
| Te Puke | 388 | 8.4% |
| Katikati | 136 | 5.1% |
| Waihi Beach | 96 | 4.1% |