I have a question regarding a depreciation schedule for Brisbane IP I just got done. Depreciation for Yr1: Diminishing Value Method : $4057 Prime Cost Method : $3550 This is of course lower than I expected. I was expecting more in the $5 - 6k territory given it is a new house and therefore the 2.5% depreciation of the building should be over a reasonable amount (i.e. $130k --> $3250pa) and then the $10 – 15k of fittings between all the lights, appliances, air cons, carpets, HW etc. that would add up to another $2k+. Just curious if anyone else here has bought an IP from Villaworld at the North Park Estate and had a depreciation schedule done. Would be good to compare.