Tax depreciation (also known as property depreciation) is a legitimate deduction against assessable taxable income, generated by a residential or commercial investment property. It works by allowing property investors to deduct a portion of the original costs of furniture and fittings and capital works (such as renovations) on their investment property each financial year, over the effective life of that item.
Continue readingFitzpatricks Real Estate is pleased to announce the release of the Fitzpatricks Report for the 2013 financial year. Released annually, it is the only full and comprehensive report primarily aimed at providing you with the latest Wagga Wagga market data and knowledge to help you identify where potential real estate growth exists, including comparable data from NSW and capital cities.
Continue readingLast weeks announcement of a proposed $400 million development in Wagga Wagga has created a new level of excitement in the city. Adam Drummond, Director of Fitzpatricks Real Estate said the project would have a positive affect on the housing market in Wagga Wagga. “Tenants, buyers and builders will all be affected, as we will see a demand for housing in the city grow.” Adam …
Continue readingWhether you’re looking at purchasing your first investment property or to add to your existing property portfolio, you can now find all of Fitzpatricks Real Estate investment properties in the one convenient location on our website. We have hand selected a group of properties we believe make a strong investment choice. They can all be found on a newly created section of our website here.
Continue readingFitzpatricks Real Estate is excited to release the annual Fitzpatricks Report for the 2010/11 financial year. This report will provide you with the latest Wagga Wagga market data and knowledge and also help you to identify where the potential real estate growth exists. The information used in this publication has been
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