Albany market overview
Albany supports a population of around 35,000 and is the largest city in WA's Great Southern region. Tourism, agriculture (sheep, grain, wine), the Port of Albany and a deepening retiree and lifestyle migration from Perth underpin a stable investor market across residential, commercial and short-stay accommodation stock.
Tax Depreciation for Albany property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Albany property under Division 43 Capital Works (the building shell, claimable at 2.5% p.a. for 40 years where construction commenced after 15 September 1987) and Division 40 Plant & Equipment (carpets, blinds, hot water systems, air conditioning, common-property assets, and more).
For residential property acquired after 9 May 2017, the s40-27 second-hand restriction limits Division 40 deductions to first-use assets - we model this explicitly. Capital works (Division 43) remain fully deductible regardless. Commercial property and qualifying short-stay accommodation businesses retain the full Division 40 deduction.
Sub-markets we cover
- Albany CBD & harbour - Albany, Middleton Beach, Mira Mar
- Growth suburbs - Yakamia, Spencer Park, Lockyer, McKail
- Industrial & port - Mirambeena industrial precinct, Albany port
