For the first time in a few years, the economic situation is looking relatively stable for those who are interested in buying a property. Last month, the RBA decided to leave the cash rate target unchanged at 3.85 per cent, and at 2.1 per cent, inflation rate is the lowest it’s been for a few.

Depreciation is an element often overlooked by property investors, and yet, while there is an initial outlay to set up a schedule, the tax-deduction benefits can be lucrative. Here we take a look at what depreciation is, and why, if you’re not doing it already, you should consider back-claiming. What is depreciation? Like a car,.