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Newcastle and Lake Macquarie's Rental Market Revealed: Uncovering the Average Deduction from Non-Interest Rent-Related Offsets
The average tax deduction on rental expenses that are unrelated to interest on loans and capital works. These expenses can include, but are not limited to, advertising for tenants and repair and maintenance.The Average deduction from other rent-related offsets data can be useful for property investors and those looking to move as it provides insight into the rental expenses that are not related to interest on loans and capital works. This information can help investors make informed decisions about which suburbs to invest in based on the potential tax deductions they can claim. For those looking to move, this data can help them understand the rental expenses they may incur in different suburbs and factor that into their decision-making process. For example, if a suburb has a high average deduction from other rent-related offsets, it may indicate that rental expenses such as advertising for tenants and repair and maintenance are higher in that area. Data from 2020
| Area | Value |
|---|---|
| 1. 2308 - Callaghan | $20,000 |
| 2. 2300 - Newcastle | $13,900 |
| 3. 2291 - Merewether | $13,400 |
| 4. 2302 - Newcastle West | $12,200 |
| 5. 2294 - Carrington (Newcastle - NSW) | $12,000 |
| 6. 2303 - Hamilton (NSW) | $11,100 |
| 7. 2297 - Tighes Hill | $10,800 |
| 8. 2292 - Broadmeadow | $10,200 |
| 9. 2282 - Eleebana | $10,200 |
| 10. 2283 - Toronto | $10,100 |
|
11. |
$10,000 |
|
12. |
$9,980 |
|
13. |
$9,920 |
|
14. |
$9,880 |
|
15. |
$9,660 |
|
16. |
$9,610 |
|
17. |
$9,390 |
|
18. |
$9,340 |
|
19. |
$9,060 |
|
20. |
$9,030 |
|
21. |
$9,030 |
|
22. |
$8,760 |
|
23. |
$8,740 |
|
24. |
$8,650 |
|
25. |
$8,520 |
|
26. |
$8,450 |
|
27. |
$8,350 |
|
28. |
$8,320 |
|
29. |
$8,290 |
|
30. |
$8,170 |
|
31. |
$8,160 |
|
32. |
$7,950 |
|
33. |
$7,580 |
|
34. |
$6,730 |
|
35. |
$6,190 |
