Original premises
Original dwelling recorded as circa 1950, with claim value focused on later qualifying works.
Tax depreciation case study
Brighton East VIC renovated dwelling: $611,626 in deductions identified
A substantially improved established dwelling produced a strong depreciation schedule, with BWK Group capturing second-storey addition and internal renovation works.
Total deductions identified
$611,626
First full-year claim
$16,302
First-year pro-rata claim
$13,488
Adjusted Division 43 base
$652,070
Property snapshot
Established dwelling with major renovation works
The property presents as a substantial established residential dwelling with a landscaped frontage, two-storey massing, traditional roof form and visible signs of renovation activity.
The report records the original premises as circa 1950, with rental availability from 2 September 2024. The opening year was calculated on a 302-day pro-rata basis.
Plain-English value summary
BWK Group identified $611,626 in total depreciation deductions for this Brighton East investment property. The first-year claim was $13,488, then increased to $16,302 in the first full financial year. The report is notable for identifying multiple later improvement stages.
Claim forecast
First 10 years of deductions
Tax depreciation schedules can typically be prepared to cover up to 40 years of deductions. This public page shows the first 10 years as an extract only, with the full schedule available in the property-specific report.
| 2024-2025 | $13,488 |
|---|---|
| 2025-2026 | $16,302 |
| 2026-2027 | $16,302 |
| 2027-2028 | $16,302 |
| 2028-2029 | $16,302 |
| 2029-2030 | $16,302 |
| 2030-2031 | $16,302 |
| 2031-2032 | $16,302 |
| 2032-2033 | $16,302 |
| 2033-2034 | $16,302 |
For accountants
Review-ready depreciation figures
This summary is designed to show the main calculation basis without overwhelming the reader with every schedule line.
| Division 43 capital works deductions | $611,626 |
|---|---|
| Estimated Division 40 benefit | Not separately shown |
| Original capital works cost | $501,743 |
| Less affected Division 40 items | Not separately shown |
| Adjusted Division 43 base | $652,070 |
| First-year pro-rata period | 302 days |
| First full financial year claim | $16,302 |
Report detail extracted
What made this report unique
These details are drawn from the completed tax depreciation report to show the level of review behind the headline figures, while keeping client names, exact street addresses and identifying details removed.
Improvement detail
The report recorded addition of a second storey, internal renovations, cabinetry, floorboards, internal and external painting, double-glazed windows, timber stairs and bathroom fittings.
Adjusted Division 43 base
$652,070 after the later improvement works were assessed for the capital works schedule.
Major renovation value
The case shows why renovated established dwellings can still produce meaningful capital works deductions.
Deep-dive detail
The report names the actual works assessed, giving the case study more credibility than a headline-only estimate.
Why BWK Group
BWK Group translates complex renovation history into a usable claim schedule for both landlord and accountant.
Privacy note
This case study is based on a completed BWK Group depreciation report. Client names, exact street addresses and identifying details have been removed. Figures are drawn from the completed report and rounded only where stated.
Guide only
This case study is provided as a guide only and is not tax, financial or investment advice. Depreciation outcomes vary by property, ownership structure, construction history, rental availability, legislation and information supplied. Review any figures with your accountant.