Wardrobes: built-in vs freestanding
That’s because built-ins are considered by the Australian Tax Office to be capital works improvements which can only be written off at 2.5 per cent a year over 40 years.
Freestanding wardrobes, on the other hand, can be depreciated over a 13.3 year period.
A recent online discussion of the issue led one user to comment that “tax doesn’t have to make sense”.
Whether built-in or freestanding, good storage is high on the wishlist for most tenants.
Depending on the size, materials and fittings, built-in wardrobes are also often more expensive than standalone pieces.