Original capital works
Circa 2023 original capital works cost recorded at $656,229.
Tax depreciation case study
Miranda NSW duplex-style property: $643,447 in deductions identified
A modern Sydney-area residential investment property produced a strong depreciation outcome, with BWK Group separating capital works and eligible plant components.
Total deductions identified
$643,447
First full-year claim
$20,222
First-year pro-rata claim
$6,603
Adjusted Division 43 base
$633,258
Property snapshot
Modern duplex-style residential investment property
The property presents as a bright modern two-storey dwelling with a clean facade, balcony, garage frontage, white cladding, large windows and contemporary residential detailing.
The report records the property as completed circa February 2023 and available for rent from 14 March 2023. The first year was calculated on a 109-day pro-rata basis.
Plain-English value summary
BWK Group identified $643,447 in total depreciation deductions for this NSW residential investment property. The opening pro-rata claim was $6,603, increasing to $20,222 in the first full financial year. The adjusted Division 43 base created the majority of the value.
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.
| 2022-2023 | $6,603 |
|---|---|
| 2023-2024 | $20,222 |
| 2024-2025 | $19,360 |
| 2025-2026 | $18,706 |
| 2026-2027 | $18,003 |
| 2027-2028 | $17,721 |
| 2028-2029 | $17,449 |
| 2029-2030 | $16,962 |
| 2030-2031 | $16,624 |
| 2031-2032 | $16,531 |
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 | $622,155 |
|---|---|
| Estimated Division 40 benefit | $21,292 |
| Original capital works cost | $656,229 |
| Less affected Division 40 items | $22,971 |
| Adjusted Division 43 base | $633,258 |
| First-year pro-rata period | 109 days |
| First full financial year claim | $20,222 |
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.
Affected Division 40 items
$22,971 was separated from the capital works base, leaving an adjusted Division 43 base of $633,258.
Occupancy context
Not preoccupied, with rental availability recorded from 14 March 2023.
Sydney-area example
The case adds a NSW benchmark for owners comparing newer residential assets across metropolitan markets.
Clear first-year logic
The opening claim was pro-rated because the property was available for rent for only part of the financial year.
Why BWK Group
The report details the building base and affected plant items so the claim can be reviewed rather than guessed.
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.