If you own investment property, the weeks leading up to June 30 are more than just admin time.

This is your opportunity to tidy things up, make a few smart moves — and potentially save thousands. For many investors, a few overlooked actions each year can mean missing out on deductions, paying more tax than necessary, or failing to plan the next step well.

If you’ve ever asked, “Is there anything I should be doing right now before the financial year ends?” — the answer is yes.

Here’s a checklist of high-impact steps to consider before June 30.

1. Review the Performance of Your Portfolio

Start with the basics: is your property portfolio performing the way you expected?

EOFY is a natural checkpoint to look at:

• Rental income — is it still aligned with market rates?
• Property performance — capital growth, yield, tenant turnover
• Operating costs — are they creeping up or still manageable?
• Cash flow — has it improved or declined this year?

Many investors simply “hold and hope,” but this is the time to look closely. Some properties are doing more harm than good. Others could be improved with the right tweaks.

This doesn’t mean you need to sell — but it may be time to refinance, increase rent, switch property managers, or extract equity for your next step.

2. Maximise Deductions Before It’s Too Late

You don’t get a second chance to go back and fix deductions after June 30.

Make sure you’ve captured:

• Interest on investment loans
• Property management fees
• Maintenance, cleaning, gardening, pest control
• Insurance premiums
• Council and water rates
• Leasing and advertising expenses
• Accounting and tax advisory costs

It’s also worth bringing forward any repairs or upkeep — not renovations — before June 30. These can generally be claimed in the current financial year.

In some cases, you may also want to prepay interest or insurance for next year to bring forward the deduction. This can be especially useful if your income was higher this year than expected.

3. Don’t Leave Depreciation on the Table

Depreciation is one of the most powerful tools available to property investors — and many miss it entirely.

If your property is new or recently built, you may be able to claim:

• Capital works (the building itself)
• Fixtures and fittings (carpets, appliances, blinds, etc.)

A depreciation schedule can often unlock $6,000–$12,000 in deductions annually — and it’s a one-off report that lasts the life of the property.

Even older homes can qualify for depreciation if they’ve been renovated or improved after purchase. If you don’t have a depreciation schedule yet, it’s not too late — but it’s best sorted before EOFY.

4. Review Your Loans — You Might Be Overpaying

Loan reviews often get pushed down the list — but with rates having shifted so much over the past year, it’s critical to check whether you’re still on a competitive structure.

Questions worth asking:

• Is my rate still competitive?
• Would switching from fixed to variable (or vice versa) improve flexibility?
• Should I be using an offset account more effectively?
• Can I extract equity to fund a new investment or renovation?

This isn’t just about chasing a lower rate. Refinancing can improve cash flow, boost your borrowing power, or reposition you for your next purchase.

EOFY is also a time when lenders review existing clients more closely — so if you’ve been holding back, now’s the time to reassess.

5. Think Ahead — Don’t Just Wrap Up the Year

EOFY tends to be reactive for most investors. But it’s also the ideal time to plan ahead.

Ask yourself:

• Are you ready to invest again this year?
• Do you have the capacity and equity to take your next step?
• Should you consider buying through a trust or other structure going forward?
• Are there better opportunities you’re not yet prepared for?

A bit of forward planning can mean you’re ready to move when others are still sorting paperwork.

The Small Moves Add Up

It’s easy to overlook this window — especially if everything seems to be ticking along. But small decisions now can create meaningful financial benefits.

Most investors don’t realise how much they’re missing until they review things closely. Whether it’s a forgotten deduction, an outdated loan, or an opportunity you weren’t structured to take — EOFY is your reminder to pause, review, and reset.

Let’s Help You Maximise the Moment

If you’d like a second opinion before June 30 — whether it’s on your structure, deductions, or next step — we’re here to help.

At PropVest, we help investors simplify decisions, structure smarter, and move forward with clarity.