Additional works
The report recorded additional capital improvements, including internal painting, solar panel rough-in and wiring.
Tax depreciation case study
A newer Greater Sydney residential investment property with later improvements produced a useful depreciation outcome after BWK Group assessed both original capital works and additional works.
Total deductions identified
$379,303
First full-year claim
$11,733
First-year pro-rata claim
$2,861
Adjusted Division 43 base
$469,326

Property snapshot
The property presents as a single-level modern brick residence with a double garage, pitched roof, landscaped front garden, wide driveway and contemporary suburban investment profile.
The report records the property as completed circa June 2018 and available for rent from 3 April 2025. The opening year was calculated on an 89-day pro-rata basis.
Plain-English value summary
BWK Group identified $379,303 in total depreciation deductions for this Denham Court investment property. The first-year pro-rata claim was $2,861, then increased to $11,733 in the first full financial year. Additional capital improvements were recorded and included in the report treatment.

Claim forecast
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 | $2,861 |
|---|---|
| 2025-2026 | $11,733 |
| 2026-2027 | $11,733 |
| 2027-2028 | $11,733 |
| 2028-2029 | $11,733 |
| 2029-2030 | $11,733 |
| 2030-2031 | $11,733 |
| 2031-2032 | $11,733 |
| 2032-2033 | $11,733 |
| 2033-2034 | $11,733 |
For accountants
This summary is designed to show the main calculation basis without overwhelming the reader with every schedule line.
| Division 43 capital works deductions | $379,303 |
|---|---|
| Estimated Division 40 benefit | Not separately shown |
| Original capital works cost | $475,615 |
| Less affected Division 40 items | $16,109 |
| Adjusted Division 43 base | $469,326 |
| First-year pro-rata period | 89 days |
| First full financial year claim | $11,733 |
Report detail extracted
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.
The report recorded additional capital improvements, including internal painting, solar panel rough-in and wiring.
Original capital works cost of $475,615 was adjusted to a Division 43 base of $469,326 after affected items were separated.
Preoccupied property, with second-hand residential plant restrictions considered in the report.
The case shows how later works can be captured rather than treating the property as a simple original-build schedule.
This example gives Sydney and Parramatta-area prospects a clearer suburban benchmark.
The report identifies the original cost base, later improvements and affected items in a format accountants can review.
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.