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Geelong's Rental Property Taxation: Unveiling the Average Rent-Based Deduction Rankings
The average tax deduction for a person with a rental property on any rental expense.The average rent based deduction 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 owning a rental property in different suburbs. They can also use this data to estimate the potential rental income and expenses in a particular suburb. For those looking to move, this data can help them compare the affordability of renting a property in different suburbs. They can also use this data to estimate the potential tax benefits of renting a property in a particular suburb. Overall, this data can provide valuable insights for making informed decisions about property investment and rental decisions. Data from 2020
| Area | Value |
|---|---|
| 1. 3232 - Lorne (Vic.) | $30,800 |
| 2. 3330 - Rokewood | $26,800 |
| 3. 3220 - Newtown (Greater Geelong - Vic.) | $26,500 |
| 4. 3329 - Shelford | $25,700 |
| 5. 3221 - Ceres | $25,100 |
| 6. 3227 - Barwon Heads | $24,300 |
| 7. 3228 - Torquay (Vic.) | $24,000 |
| 8. 3230 - Anglesea | $23,300 |
| 9. 3218 - Geelong West | $23,300 |
| 10. 3225 - Queenscliff (Vic.) | $22,200 |
|
11. |
$21,400 |
|
12. |
$21,300 |
|
13. |
$21,200 |
|
14. |
$20,800 |
|
15. |
$20,800 |
|
16. |
$20,700 |
|
17. |
$20,500 |
|
18. |
$20,400 |
|
19. |
$20,400 |
|
20. |
$20,000 |
|
21. |
$20,000 |
|
22. |
$20,000 |
|
23. |
$19,400 |
|
24. |
$19,400 |
|
25. |
$19,100 |
|
26. |
$19,100 |
|
27. |
$18,600 |
|
28. |
$18,600 |
|
29. |
$18,400 |
|
30. |
$18,200 |
|
31. |
$17,200 |
|
32. |
$17,100 |
|
33. |
$16,700 |
|
34. |
$15,700 |
