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Yep. Any in unit or common area Assets or improvements (the latter depending on the date). I'm guessing a one bedder in Ballarat is pretty basic.

There will be the hot water unit. Presumable a stove/cooktop? Floor coverings? Blinds/curtains? Smoke detectors? Exhaust fan? Sometimes these old places have common laundries with shared machines.

I don't see the point either. If you happen to have any photos of the place, I'll tell you what you might get in depreciation before you do anything.