Are Home Renovations Tax Deductible in Australia?

This is a question many people ask when considering a home makeover. In most cases, home renovations are not tax-deductible if they are for your personal residence. However, if you’re renovating an investment property or using part of your home for a business, you might be able to claim certain deductions. Always check with a tax expert to know exactly what applies to you.

Why Renovating Your Home in Newtown, Sydney, is a Great Idea!

Renovating a home can seem like a big project, but it can make your house look amazing and feel brand new. If you live in Newtown, Sydney, here’s why renovations are worth it and what you need to know!

Why Renovate?

Newtown is known for its charming old houses, like terraces and cottages. While these homes have character, they sometimes need updates to make them more comfortable. Renovating can:

• Add Value: Fixing up your home can make it worth more money if you decide to sell.

• Save Energy: Modern renovations often include energy-saving upgrades, like better windows or insulation.

• Make It Yours: Renovations let you design a space that fits your family’s style and needs.

Tips for Renovating in Newtown

1. Respect the Heritage: Newtown has lots of old-style homes. Make sure your renovations match the original style so it blends into the neighborhood.

2. Use Local Professionals: Hiring builders who know Newtown is a smart move. They understand the area’s history and council rules.

3. Plan for the Future: Think about what you’ll need in your home over the next 5–10 years. This way, your renovation will last.

A Renovation Success Story

Imagine turning an old, dark living room into a modern, bright space. Picture polished wooden floors, a large window letting in sunlight, and stylish furniture. With the right renovation team, your Newtown home can look like the one in the image above!

Renovating your home is exciting and can make a big difference in how you live. If you’re ready to start, contact Aurora Group Services today—we’d love to help make your renovation dreams come true!