Brisbane market overview

Greater Brisbane is home to more than 2.7 million people and is Australia's third-largest capital. Sustained net interstate migration from southern states, a deep apartment pipeline through the CBD, South Brisbane, Newstead, Fortitude Valley and the Olympic-precinct renewal corridor, and a refreshing commercial office stock make Brisbane one of the most active depreciation markets in Australia.

Build-to-rent is rapidly emerging through South Brisbane, Newstead and West End, generating large Division 40 deductions per dwelling. Industrial activity is concentrated through the Trade Coast (Pinkenba, Eagle Farm), Yatala/Stapylton and the Crestmead/Berrinba corridor in Logan.

Population
2.7M+
Greater Brisbane
Median house
~$880k
Greater Brisbane, indicative
Median unit
~$560k
Greater Brisbane, indicative
Gross rental yield
3.8–5.2%
Houses & units, varies by sub-market

Indicative market figures only.

Tax Depreciation for Brisbane property investors

An engineering-based TDA depreciation schedule identifies every deductible asset on your Brisbane 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

  • Inner Brisbane apartments - Brisbane CBD, South Brisbane, Fortitude Valley, Newstead, West End, Kangaroo Point
  • Inner-north - New Farm, Teneriffe, Bowen Hills, Spring Hill, Albion
  • Brisbane West & South - Indooroopilly, Toowong, Auchenflower, Annerley, Woolloongabba
  • Olympic precincts - Albion, Hamilton, Woolloongabba, Northshore Hamilton, Doomben
  • Industrial & logistics - Pinkenba, Eagle Farm, Wacol, Yatala, Crestmead