Construction timing
Original premises recorded as circa October 2023, with rental availability from 14 February 2025.
Tax depreciation case study
Footscray VIC apartment/strata property: $334,273 in deductions identified
A Footscray VIC apartment/strata investment property produced $334,273 in identified depreciation deductions, with a first full-year claim of $8,711.
Total deductions identified
$334,273
First full-year claim
$8,711
First-year pro-rata claim
$3,269
Adjusted Division 43 base
$348,424
Property snapshot
Apartment or strata residential investment property
The property presents as an apartment/strata-style investment property, where the depreciation schedule needed to consider the lot, building works and relevant shared-property context.
The report records the original premises as circa October 2023, with rental availability from 14 February 2025. The opening year was calculated on a 137-day pro-rata basis.
Plain-English value summary
BWK Group identified $334,273 in total depreciation deductions for this Footscray investment property. The first-year pro-rata claim was $3,269, then increased to $8,711 in the first full financial year. The report documents the capital works basis, affected Division 40 treatment and opening claim period so the result can be reviewed more easily with an accountant.
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 | $3,269 |
|---|---|
| 2025-2026 | $8,711 |
| 2026-2027 | $8,711 |
| 2027-2028 | $8,711 |
| 2028-2029 | $8,711 |
| 2029-2030 | $8,711 |
| 2030-2031 | $8,711 |
| 2031-2032 | $8,711 |
| 2032-2033 | $8,711 |
| 2033-2034 | $8,711 |
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 | $334,287 |
|---|---|
| Estimated Division 40 benefit | Not separately shown |
| Original capital works cost | $357,856 |
| Less affected Division 40 items | $9,432 |
| Adjusted Division 43 base | $348,424 |
| First-year pro-rata period | 137 days |
| First full financial year claim | $8,711 |
Report detail extracted
What made this report unique
These details show the report-specific review behind the headline figures, including the capital works basis, adjustment items and property history considered in the schedule.
Building / structural improvements
Page 16 did not list separate later structural improvements, so the case study focuses on the original capital works basis, common-property context and affected Division 40 adjustment.
Adjusted Division 43 base
$348,424 after affected Division 40 items were considered for the public summary.
Part-year claim context
The first year was calculated on a 137-day pro-rata basis, so the first full-year claim is the cleaner comparison point.
Capital works basis
The apartment/strata context was reviewed separately from affected Division 40 items, so the owner can see the result as more than a generic estimate.
Why BWK Group
The report shows how a strata-style asset can still be translated into clear claim figures for 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.