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Newcastle and Lake Macquarie's Top Suburbs: Unveiling the Total Deductions on Capital Works for Rental Properties
The sum of all tax deductions on capital works on a rental property. Capital works include, but are not limited to, the construction of new buildings for a rental property or structural improvements, such as fences. Data from 2018| Area | Value |
|---|---|
| 1. 2259 - Wyong | $6,230,000 |
| 2. 2290 - Charlestown (NSW) | $4,990,000 |
| 3. 2287 - Wallsend | $4,900,000 |
| 4. 2291 - Merewether | $4,290,000 |
| 5. 2280 - Belmont (NSW) | $3,960,000 |
| 6. 2300 - Newcastle | $3,750,000 |
| 7. 2285 - Cameron Park | $3,590,000 |
| 8. 2323 - Metford | $3,220,000 |
| 9. 2282 - Eleebana | $3,220,000 |
| 10. 2289 - Adamstown | $3,180,000 |
|
11. |
$3,100,000 |
|
12. |
$2,960,000 |
|
13. |
$2,270,000 |
|
14. |
$2,000,000 |
|
15. |
$1,880,000 |
|
16. |
$1,710,000 |
|
17. |
$1,700,000 |
|
18. |
$1,480,000 |
|
19. |
$1,470,000 |
|
20. |
$1,410,000 |
|
21. |
$1,160,000 |
|
22. |
$885,000 |
|
23. |
$796,000 |
|
24. |
$749,000 |
|
25. |
$342,000 |
|
26. |
$340,000 |
|
27. |
$320,000 |
|
28. |
$283,000 |
|
29. |
$277,000 |
|
30. |
$271,000 |
|
31. |
$262,000 |
|
32. |
$255,000 |
|
33. |
$245,000 |
|
34. |
$7,330 |
|
35. |
$4,030 |
