With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year.
If your property is negatively geared – that is, you returns on rent do not meet the requirements of the expenses – you are able to claim this difference in expenses on your tax return.
what is Depreciation – and why is it important on a brand new investment property Depreciation is one of the most powerful tax benefits available to Australian property investors. If you’ve purchased a brand-new investment property or a house and land package, you can claim thousands of dollars in tax deductions each year—boosting your cash… Read more
Australian Property Market december 2024 Overview The Australian property market closed 2024 on a somewhat subdued note for housing & unit prices. National home values registered a slight decline of 0.1% in December, marking a cooling period after robust growth earlier in the year. Despite this small decrease, the year showcased remarkable resilience amidst challenges… Read more
2025 domain Australian Property Forecast The Australian property market is thriving. Population growth, a housing shortage, and strong investor interest are driving demand. As of October 2024, residential real estate was valued at a staggering $11 trillion, according to CoreLogic! This growth offers opportunities for buyers and investors alike in the Australian property market. Here’s… Read more
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