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    Unlocking the Secrets of Melbourne's Top Rental Property Tax Deductions: A Comprehensive Suburb Ranking

    The average tax deduction on interest charged on loans taken to purchase a rental property, a depreciating asset for the rental property, or repairs for the rental property.

    The average deduction from interest (rental property) data can be useful for property investors and those looking to move to a new suburb. Property investors can use this data to compare the tax benefits of investing in different suburbs and make informed decisions about where to purchase rental properties. Those looking to move can also use this data to compare the tax benefits of renting versus owning a property in different suburbs. For example, if a suburb has a high average deduction from interest, it may be more financially beneficial to own a rental property in that suburb rather than renting. Overall, this data can provide valuable insights for individuals looking to make informed decisions about their property investments and living arrangements.
    Data from 2020
    Area Value
    1. 3142 - Toorak $24,600
    2. 3002 - East Melbourne $22,400
    3. 3143 - Armadale (Vic.) $20,400
    4. 3206 - Albert Park (Vic.) $20,100
    5. 3186 - Brighton (Vic.) $19,900
    6. 3126 - Canterbury (Vic.) $19,600
    7. 3101 - Kew (Vic.) $19,400
    8. 3144 - Malvern (Vic.) $19,300
    9. 3103 - Balwyn $18,900
    10. 3124 - Camberwell (Vic.) $18,000
    11. Withheld - Subscribe to Reveal - undefined $17,800
    12. Withheld - Subscribe to Reveal - undefined $17,600
    13. Withheld - Subscribe to Reveal - undefined $17,500
    14. Withheld - Subscribe to Reveal - undefined $17,400
    15. Withheld - Subscribe to Reveal - undefined $17,300
    16. Withheld - Subscribe to Reveal - undefined $17,300
    17. Withheld - Subscribe to Reveal - undefined $17,000
    18. Withheld - Subscribe to Reveal - undefined $16,800
    19. Withheld - Subscribe to Reveal - undefined $16,700
    20. Withheld - Subscribe to Reveal - undefined $16,500
    21. Withheld - Subscribe to Reveal - undefined $16,200
    22. Withheld - Subscribe to Reveal - undefined $15,900
    23. Withheld - Subscribe to Reveal - undefined $15,900
    24. Withheld - Subscribe to Reveal - undefined $15,700
    25. Withheld - Subscribe to Reveal - undefined $15,700
    26. Withheld - Subscribe to Reveal - undefined $15,600
    27. Withheld - Subscribe to Reveal - undefined $15,400
    28. Withheld - Subscribe to Reveal - undefined $15,400
    29. Withheld - Subscribe to Reveal - undefined $15,400
    30. Withheld - Subscribe to Reveal - undefined $15,300
    31. Withheld - Subscribe to Reveal - undefined $15,200
    32. Withheld - Subscribe to Reveal - undefined $15,100
    33. Withheld - Subscribe to Reveal - undefined $15,000
    34. Withheld - Subscribe to Reveal - undefined $15,000
    35. Withheld - Subscribe to Reveal - undefined $15,000
    36. Withheld - Subscribe to Reveal - undefined $14,900
    37. Withheld - Subscribe to Reveal - undefined $14,900
    38. Withheld - Subscribe to Reveal - undefined $14,900
    39. Withheld - Subscribe to Reveal - undefined $14,900
    40. Withheld - Subscribe to Reveal - undefined $14,800
    41. Withheld - Subscribe to Reveal - undefined $14,700
    42. Withheld - Subscribe to Reveal - undefined $14,700
    43. Withheld - Subscribe to Reveal - undefined $14,700
    44. Withheld - Subscribe to Reveal - undefined $14,600
    45. Withheld - Subscribe to Reveal - undefined $14,500
    46. Withheld - Subscribe to Reveal - undefined $14,400
    47. Withheld - Subscribe to Reveal - undefined $14,300
    48. Withheld - Subscribe to Reveal - undefined $14,200
    49. Withheld - Subscribe to Reveal - undefined $14,200
    50. Withheld - Subscribe to Reveal - undefined $14,200
    51. Withheld - Subscribe to Reveal - undefined $14,100
    52. Withheld - Subscribe to Reveal - undefined $14,100
    53. Withheld - Subscribe to Reveal - undefined $14,100
    54. Withheld - Subscribe to Reveal - undefined $14,100
    55. Withheld - Subscribe to Reveal - undefined $14,000
    56. Withheld - Subscribe to Reveal - undefined $14,000
    57. Withheld - Subscribe to Reveal - undefined $13,900
    58. Withheld - Subscribe to Reveal - undefined $13,900
    59. Withheld - Subscribe to Reveal - undefined $13,800
    60. Withheld - Subscribe to Reveal - undefined $13,800
    61. Withheld - Subscribe to Reveal - undefined $13,800
    62. Withheld - Subscribe to Reveal - undefined $13,600
    63. Withheld - Subscribe to Reveal - undefined $13,600
    64. Withheld - Subscribe to Reveal - undefined $13,600
    65. Withheld - Subscribe to Reveal - undefined $13,500
    66. Withheld - Subscribe to Reveal - undefined $13,500
    67. Withheld - Subscribe to Reveal - undefined $13,400
    68. Withheld - Subscribe to Reveal - undefined $13,400
    69. Withheld - Subscribe to Reveal - undefined $13,300
    70. Withheld - Subscribe to Reveal - undefined $13,300
    71. Withheld - Subscribe to Reveal - undefined $13,300
    72. Withheld - Subscribe to Reveal - undefined $13,300
    73. Withheld - Subscribe to Reveal - undefined $13,200
    74. Withheld - Subscribe to Reveal - undefined $13,200
    75. Withheld - Subscribe to Reveal - undefined $13,200
    76. Withheld - Subscribe to Reveal - undefined $13,200
    77. Withheld - Subscribe to Reveal - undefined $13,100
    78. Withheld - Subscribe to Reveal - undefined $13,100
    79. Withheld - Subscribe to Reveal - undefined $13,100
    80. Withheld - Subscribe to Reveal - undefined $13,000
    81. Withheld - Subscribe to Reveal - undefined $12,900
    82. Withheld - Subscribe to Reveal - undefined $12,900
    83. Withheld - Subscribe to Reveal - undefined $12,900
    84. Withheld - Subscribe to Reveal - undefined $12,900
    85. Withheld - Subscribe to Reveal - undefined $12,800
    86. Withheld - Subscribe to Reveal - undefined $12,800
    87. Withheld - Subscribe to Reveal - undefined $12,800
    88. Withheld - Subscribe to Reveal - undefined $12,700
    89. Withheld - Subscribe to Reveal - undefined $12,700
    90. Withheld - Subscribe to Reveal - undefined $12,700
    91. Withheld - Subscribe to Reveal - undefined $12,700
    92. Withheld - Subscribe to Reveal - undefined $12,700
    93. Withheld - Subscribe to Reveal - undefined $12,600
    94. Withheld - Subscribe to Reveal - undefined $12,600
    95. Withheld - Subscribe to Reveal - undefined $12,600
    96. Withheld - Subscribe to Reveal - undefined $12,600
    97. Withheld - Subscribe to Reveal - undefined $12,600
    98. Withheld - Subscribe to Reveal - undefined $12,500
    99. Withheld - Subscribe to Reveal - undefined $12,500
    100. Withheld - Subscribe to Reveal - undefined $12,500
    Choropleth Map