23,260: investment properties each month – average number of investment properties purchased each month across Australia, according to the Australian Bureau of Statistics;
$118,000: the increase in the amount of debt that households are borrowing to buy property other than the house in which they live in;
$3,168: average depreciation deduction claimed in 2012 financial year by investors
Yet data collected suggests that the average depreciation deductions claimed should be around $10,100 in the first full year and $7,350 per year on average over the first ten years of owning a property.
Many investors are missing out on thousands of dollars by not using a qualified Quantity Surveyor that specialises in depreciation to prepare a depreciation schedule for their investment property. Contact us for more information.