Original premises
Original dwelling recorded as circa 1950, with claim value focused on later qualifying works.
Tax depreciation case study
Brighton East VIC renovated dwelling: $611,626 in deductions identified
A substantially improved established dwelling produced a strong depreciation schedule, with BWK Group capturing second-storey addition and internal renovation works.
Total deductions identified
$611,626
First full-year claim
$16,302
First-year pro-rata claim
$13,488
Adjusted Division 43 base
$652,070
Property snapshot
Established dwelling with major renovation works
The property presents as a substantial established residential dwelling with a landscaped frontage, two-storey massing, traditional roof form and visible signs of renovation activity.
The report records the original premises as circa 1950, with rental availability from 2 September 2024. The opening year was calculated on a 302-day pro-rata basis.
Plain-English value summary
BWK Group identified $611,626 in total depreciation deductions for this Brighton East investment property. The first-year claim was $13,488, then increased to $16,302 in the first full financial year. The report is notable for identifying multiple later improvement stages.
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
The report recorded addition of a second storey, internal renovations, cabinetry, floorboards, internal and external painting, double-glazed windows, timber stairs and bathroom fittings.
Adjusted Division 43 base
$652,070 after the later improvement works were assessed for the capital works schedule.
Major renovation value
The case shows why renovated established dwellings can still produce meaningful capital works deductions.
Renovation history captured
The schedule reflects the second-storey addition and internal renovation works, which helped explain why an established dwelling still produced a strong depreciation result.
Why BWK Group
BWK Group translates complex renovation history into a usable claim schedule for both landlord and accountant.
Unlock the full example
See the detailed depreciation breakdown
The public case study above shows the property type, headline result and report-specific review notes. Leave your details to view the graph, first 10-year deduction extract and accountant-ready figures for this guide-only example.
Guide only. These figures are examples from a completed report and are not tax advice or a prediction of your result.
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.