Why the first year was lower
The property was available for rent for only 183 days in the first claim year, so the opening claim was pro-rated.
Tax depreciation case study
Springvale VIC investment property: $505,917 in deductions identified
A modern two-storey residential investment property in Springvale, Melbourne's south-east, produced a strong depreciation result after BWK Group separated capital works and eligible plant items.
Total deductions identified
$505,917
First full-year claim
$13,187
First-year pro-rata claim
$9,434
Adjusted Division 43 base
$506,691
Property snapshot
Modern two-storey residential investment property
The property presents with contemporary brick and rendered finishes, large aluminium-framed windows, a covered entry, a feature timber-look front door, landscaped street frontage and modern boundary fencing.
The report records the property as completed circa September 2025 and available for rent from 30 December 2025. The opening year was therefore calculated on a 183-day pro-rata basis.
Plain-English value summary
BWK Group identified $505,917 in total depreciation deductions for this investment property. The first-year pro-rata claim was $9,434 because the property was only available for rent for part of the year, then increased to $13,187 in the first full financial year. Most of the long-term value came from Division 43 capital works deductions.
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.
| 2025-2026 | $9,434 |
|---|---|
| 2026-2027 | $13,187 |
| 2027-2028 | $13,083 |
| 2028-2029 | $13,000 |
| 2029-2030 | $12,934 |
| 2030-2031 | $12,880 |
| 2031-2032 | $12,827 |
| 2032-2033 | $12,927 |
| 2033-2034 | $12,830 |
| 2034-2035 | $12,769 |
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 | $500,375 |
|---|---|
| Estimated Division 40 benefit | $5,542 |
| Original capital works cost | $521,986 |
| Less affected Division 40 items | $15,295 |
| Adjusted Division 43 base | $506,691 |
| First-year pro-rata period | 183 days |
| First full financial year claim | $13,187 |
Where the value came from
Most of the identified benefit came from capital works/building write-off deductions, supported by eligible plant and equipment.
Why BWK Group
The report separates building works and plant items, then gives the accountant a year-by-year claim schedule.
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.