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Murray'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. 2650 - Wagga Wagga | $34,600,000 |
| 2. 2640 - Thurgoona | $20,200,000 |
| 3. 3691 - Baranduda | $5,830,000 |
| 4. 2641 - Lavington | $3,530,000 |
| 5. 2731 - Moama | $3,010,000 |
| 6. 2646 - Corowa | $2,830,000 |
| 7. 3644 - Cobram | $2,630,000 |
| 8. 2710 - Deniliquin | $2,390,000 |
| 9. 2642 - Jindera | $2,370,000 |
| 10. 2644 - Holbrook | $1,880,000 |
|
11. |
$1,520,000 |
|
12. |
$1,000,000 |
|
13. |
$973,000 |
|
14. |
$970,000 |
|
15. |
$948,000 |
|
16. |
$908,000 |
|
17. |
$854,000 |
|
18. |
$752,000 |
|
19. |
$646,000 |
|
20. |
$534,000 |
|
21. |
$517,000 |
|
22. |
$512,000 |
|
23. |
$507,000 |
|
24. |
$462,000 |
|
25. |
$450,000 |
|
26. |
$320,000 |
|
27. |
$267,000 |
|
28. |
$201,000 |
|
29. |
$153,000 |
|
30. |
$119,000 |
|
31. |
$117,000 |
|
32. |
$74,200 |
|
33. |
$72,300 |
|
34. |
$29,800 |
