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Cairns's Top Rental Property Investment Suburbs: Uncovering the Total Deductions from Interest
The sum of all tax deductions on interest charged on loans taken to purchase a rental property, a depreciating asset for the rental property, or repairs for the rental property. Data from 2020| Area | Value |
|---|---|
| 1. 4870 - Brinsmead | $41,500,000 |
| 2. 4879 - Palm Cove | $15,400,000 |
| 3. 4878 - Smithfield (Qld) | $9,320,000 |
| 4. 4868 - Mount Sheridan (Qld) | $9,210,000 |
| 5. 4869 - Edmonton | $5,900,000 |
| 6. 4880 - Mareeba | $4,620,000 |
| 7. 4816 - Crystal Creek (Qld) | $4,460,000 |
| 8. 4877 - Port Douglas | $3,590,000 |
| 9. 4865 - Gordonvale | $3,140,000 |
| 10. 4860 - Wooroonooran (Cairns - Qld) | $3,080,000 |
|
11. |
$2,960,000 |
|
12. |
$2,590,000 |
|
13. |
$2,470,000 |
|
14. |
$2,360,000 |
|
15. |
$2,140,000 |
|
16. |
$1,610,000 |
|
17. |
$1,420,000 |
|
18. |
$1,250,000 |
|
19. |
$1,230,000 |
|
20. |
$1,080,000 |
|
21. |
$1,040,000 |
|
22. |
$701,000 |
|
23. |
$470,000 |
|
24. |
$446,000 |
|
25. |
$365,000 |
|
26. |
$287,000 |
|
27. |
$188,000 |
|
28. |
$150,000 |
|
29. |
$118,000 |
