Cross-lease titles in Aramoho
LINZ records 117 cross-lease titles in Aramoho, 6.0% of its 1,963 live titles: slightly below Whanganui District as a whole (6.6%) and below New Zealand (8.7%).
- Cross-lease titles
- 117
- Share of live titles
- 6.0%
- Whanganui District share
- 6.6%
- New Zealand share
- 8.7%
- Rank by share in Whanganui District, among suburbs with 50+ cross-lease titles
- 7 of 8
By share it is 2nd lowest of 8 in Whanganui 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 Aramoho are set up
Fewer schemes refer to more than one flats plan (20%, against 36% nationally), usually because a plan was redrawn.
Fewer leases include a garage (20% of schemes, against 28% nationally).
| Scheme structure | Aramoho | Whanganui District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 46 | 602 | 87,651 |
| Two-flat schemes | 76.1% | 67.4% | 76.2% |
| Three-flat schemes | 10.9% | 14.1% | 12.2% |
| Four or more flats | 13.0% | 18.1% | 11.4% |
| Typical section size (from the titles, not a survey) | 836 m² | 863 m² | 908 m² |
| Typical land per flat | 366 m² | 344 m² | 408 m² |
| Schemes with a garage written into a lease | 19.6% | 49.0% | 28.4% |
| Schemes with a carport in a lease | 15.2% | 21.3% | 13.3% |
| Schemes with a separate exclusive-use area | 0.0% | 2.0% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 19.6% | 20.9% | 35.6% |
| Median year of earliest current title | 1986 | 1985 | 1988 |
| Two-flat schemes on 700 m² or more | 20 | 236 | 54,978 |
Whanganui District suburbs with the most cross-lease titles
| Suburb | Cross-lease titles | Share |
|---|---|---|
| Springvale | 309 | 15.2% |
| Whanganui | 305 | 10.1% |
| Wanganui East | 232 | 8.8% |
| Gonville | 214 | 8.5% |
| Castlecliff | 137 | 5.1% |
| Tawhero | 105 | 9.3% |
| Saint Johns Hill | 66 | 6.4% |