Older original premises
Original premises recorded as circa 1920, with original construction cost not treated as the main claim source.
Tax depreciation case study
Newtown VIC renovated dwelling: $404,799 in deductions identified
An older Geelong-area dwelling with extension and alteration works produced a strong depreciation outcome after BWK Group focused on the qualifying newer capital works.
Total deductions identified
$404,799
First full-year claim
$13,065
First-year pro-rata claim
$12,850
Adjusted Division 43 base
$502,682
Property snapshot
Older dwelling with extension and alteration works
The property presents as an established residential dwelling in a mature streetscape, with garage and extension elements, older character cues and later improvement works.
The report records the original premises as circa 1920, with rental availability from 7 July 2025. The first year was calculated on a 359-day pro-rata basis.
Plain-English value summary
BWK Group identified $404,799 in total depreciation deductions for this Newtown investment property. The first-year claim was $12,850 and the first full-year claim was $13,065. The value was driven by later building works rather than the original 1920 construction date.
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.
Improvement detail
The report recorded extension and substantial alterations, including construction of an alfresco area and garage.
Adjusted Division 43 base
$502,682 after affected Division 40 items were separated from the works.
Renovated-property example
The case shows how an older dwelling can still have meaningful depreciation where later qualifying works exist.
Specific works captured
Extension, alterations, alfresco and garage works are named in the report detail rather than hidden behind a generic total.
Why BWK Group
The schedule helps landlords and accountants understand exactly why an older property still has claim value.
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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.