Ballarat market overview
Ballarat supports a population of around 115,000 and serves the broader Central Highlands region. A growing Melbourne commuter market, Federation University rental demand, the regional health and government services sector, and steady industrial activity through Wendouree and Delacombe underpin a stable mix of residential and commercial property opportunities.
Tax Depreciation for Ballarat property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Ballarat 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
- Ballarat Central & heritage - Ballarat Central, Lake Wendouree, Soldiers Hill
- Growth suburbs - Sebastopol, Delacombe, Alfredton, Mount Clear
- Industrial - Wendouree, Mitchell Park, Delacombe industrial precinct
