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Richmond'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. 2478 - Ballina | $20,900,000 |
| 2. 2480 - Lismore (NSW) | $19,400,000 |
| 3. 2481 - Byron Bay | $15,500,000 |
| 4. 2486 - Banora Point | $14,000,000 |
| 5. 2487 - Kingscliff | $11,900,000 |
| 6. 2484 - Murwillumbah | $9,170,000 |
| 7. 2483 - Ocean Shores | $6,970,000 |
| 8. 2485 - Tweed Heads | $6,810,000 |
| 9. 2477 - Wollongbar | $6,580,000 |
| 10. 2479 - Bangalow | $6,570,000 |
|
11. |
$4,520,000 |
|
12. |
$3,860,000 |
|
13. |
$3,620,000 |
|
14. |
$2,160,000 |
|
15. |
$1,850,000 |
|
16. |
$1,490,000 |
|
17. |
$966,000 |
|
18. |
$881,000 |
|
19. |
$604,000 |
|
20. |
$307,000 |
|
21. |
$134,000 |
|
22. |
$24,200 |
