Case Study
E - Residential – Renovated Purchased Properties
Rented Immediately after Purchase
E1 - Case Study 12
| Property Type : | Single storey, 4 Bedrooms, 1 Bath, 1 Toilet, a Carport |
| Inclusions : | Split AC unit, Ducted heating, Floating timber throughout except at wet areas, Hot water system (Gas), Blinds, Curtains, Cooktop, Oven, Rangehood, Dishwasher. |
| Purchase Price* : | $550,000 *price includes the land cost |
| Original Construction Completion : | 1980 (Original Building is not eligible for deductions) |
| Renovations : | Renovation. 1 - 2008 Renovation. 2 - 2012 Renovation. 3 - 2015 |
| Settlement : | September 2014 |
| First available for income : | September 2014 |
| Suburb and State : | Dandenong VIC 3175 |
| Financial Year | Deductions ($) |
|---|---|
| Year 1 (Full Financial Year) | $6,583 |
| Year 2 | $5,786 |
| Year 3 | $4,922 |
| Year 4 | $4,298 |
| Year 5 | $3,841 |
E2 - Case Study 13
| Property Type : | Single storey, 3 Bedrooms, 1 Bath, 1 Toilet, a Carport |
| Inclusions : | Window AC unit, Evaporative cooling unit, Ducted heating, Floating timber throughout except wet areas, Hot water system (Gas), Blinds, Curtain, Cooktop, Oven, Rangehood. |
| Purchase Price* : | $440,000 *price includes the land cost |
| Original Construction Completion : | 1978 (Original Building is not eligible for deductions) |
| Renovations : | Renovation. 1 - 1994 Renovation. 2 - 2014 Renovation. 3 - 2016 |
| Settlement : | July 2015 |
| Years Owner lived in the Property : | 1 year 7 months |
| First available for income : | February 2017 |
| Suburb and State : | Mulgrave VIC 3170 |
| Financial Year | Deductions ($) |
|---|---|
| Year 1 (Full Financial Year) | $4,991 |
| Year 2 | $4,210 |
| Year 3 | $3,495 |
| Year 4 | $2,965 |
| Year 5 | $2,565 |
