Construction timing
Original premises recorded as circa 1940, with rental availability from 16 January 2019.
Tax depreciation case study
Williamstown VIC residential: $263,310 in deductions identified
A Williamstown VIC residential investment property produced $263,310 in identified depreciation deductions, with a first full-year claim of $7,113.
Total deductions identified
$263,310
First full-year claim
$7,113
First-year pro-rata claim
$7,113
Adjusted Division 43 base
$271,092
Property snapshot
Residential investment property
The Williamstown VIC property is presented at suburb level only, with client names, street number and exact address removed for privacy.
The report records the original premises as circa 1940, with rental availability from 16 January 2019. The opening year was calculated on a 166-day pro-rata basis.
Plain-English value summary
BWK Group identified $263,310 in total depreciation deductions for this Williamstown investment property. The first-year claim and first full-year claim were both shown at $7,113, supported by later extension, roof and renovation works recorded in the report. 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.
| 2018-2019 | $7,113 |
|---|---|
| 2019-2020 | $7,113 |
| 2020-2021 | $7,113 |
| 2021-2022 | $7,113 |
| 2022-2023 | $7,113 |
| 2023-2024 | $7,113 |
| 2024-2025 | $7,113 |
| 2025-2026 | $7,113 |
| 2026-2027 | $7,113 |
| 2027-2028 | $7,113 |
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 | $263,302 |
|---|---|
| Estimated Division 40 benefit | $8 |
| Original capital works cost | $284,528 |
| Less affected Division 40 items | $13,436 |
| Adjusted Division 43 base | $271,092 |
| First-year pro-rata period | 166 days |
| First full financial year claim | $7,113 |
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 a rear double-storey extension, weatherboard construction with timber windows on concrete slab, a new metal-clad roof to the original dwelling, internal renovation works and external hard landscaping.
Adjusted Division 43 base
$271,092 after affected Division 40 items were considered for the public summary.
Part-year claim context
The first year was calculated on a 166-day pro-rata basis, so the first full-year claim is the cleaner comparison point.
Specific works captured
The extension, roof, internal renovation and external landscaping works explain why the established property still produced a meaningful depreciation schedule.
Why BWK Group
The report converts a detailed renovation history into figures the owner and accountant can review without needing the full private report.
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.