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Geelong'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. 3216 - Highton | $36,600,000 |
| 2. 3228 - Torquay (Vic.) | $21,000,000 |
| 3. 3220 - Newtown (Greater Geelong - Vic.) | $18,900,000 |
| 4. 3340 - Bacchus Marsh | $12,400,000 |
| 5. 3218 - Geelong West | $11,500,000 |
| 6. 3226 - Ocean Grove | $11,300,000 |
| 7. 3215 - North Geelong | $11,300,000 |
| 8. 3212 - Lara | $10,200,000 |
| 9. 3352 - Miners Rest | $9,210,000 |
| 10. 3219 - Thomson (Greater Geelong - Vic.) | $8,170,000 |
|
11. |
$7,920,000 |
|
12. |
$7,570,000 |
|
13. |
$7,280,000 |
|
14. |
$5,030,000 |
|
15. |
$3,870,000 |
|
16. |
$3,800,000 |
|
17. |
$3,780,000 |
|
18. |
$3,700,000 |
|
19. |
$3,250,000 |
|
20. |
$2,890,000 |
|
21. |
$2,680,000 |
|
22. |
$2,290,000 |
|
23. |
$1,970,000 |
|
24. |
$1,550,000 |
|
25. |
$1,480,000 |
|
26. |
$1,240,000 |
|
27. |
$1,000,000 |
|
28. |
$868,000 |
|
29. |
$861,000 |
|
30. |
$517,000 |
|
31. |
$378,000 |
|
32. |
$227,000 |
|
33. |
$219,000 |
|
34. |
$196,000 |
