Construction timing
Original premises recorded as circa July 1977, with rental availability from 12 February 2020.
Tax depreciation case study
Pascoe Vale VIC apartment or strata residential: $74,183 in deductions identified
A Pascoe Vale VIC apartment or strata residential investment property produced $74,183 in identified depreciation deductions, with a first full-year claim of $1,689.
Total deductions identified
$74,183
First full-year claim
$1,689
First-year pro-rata claim
$1,760
Adjusted Division 43 base
$73,902
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 July 1977, with rental availability from 12 February 2020. The opening year was calculated on a 140-day pro-rata basis.
Plain-English value summary
BWK Group identified $74,183 in total depreciation deductions for this Pascoe Vale investment property. The first-year pro-rata claim was $1,760, with the next full-year claim shown at $1,689 before later forecast years changed with the schedule. 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.
| 2019-2020 | $1,760 |
|---|---|
| 2020-2021 | $1,689 |
| 2021-2022 | $5,466 |
| 2022-2023 | $2,178 |
| 2023-2024 | $2,029 |
| 2024-2025 | $2,138 |
| 2025-2026 | $2,019 |
| 2026-2027 | $1,958 |
| 2027-2028 | $2,044 |
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 | $71,865 |
|---|---|
| Estimated Division 40 benefit | $2,318 |
| Original capital works cost | $67,540 |
| Less affected Division 40 items | Not separately shown |
| Adjusted Division 43 base | $73,902 |
| First-year pro-rata period | 140 days |
| First full financial year claim | $1,689 |
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 recorded internal renovation works including a new kitchen, bathroom and WC, internal painting, new doors, a front decked porch, external security shutters and a new concrete front path.
Adjusted Division 43 base
$73,902 after affected Division 40 items were considered for the public summary.
Part-year claim context
The first year was calculated on a 140-day pro-rata basis, so the first full-year claim is the cleaner comparison point.
Capital works basis
The renovation items explain why an older residential asset still carried identifiable capital works value.
Why BWK Group
The report shows the practical value of recording actual works, not just the original age of the property.
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.