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.
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.
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.
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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.