Broome market overview
Broome supports a population of around 14,000 and is the gateway to WA's Kimberley region. A deep short-stay accommodation market through Cable Beach and Old Broome, the pearl industry, Indigenous tourism and growing commercial infrastructure support a unique resort-style investor pipeline where Division 40 deductions on commercial-operated accommodation are routinely significant.
Tax Depreciation for Broome property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Broome 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
- Broome & Cable Beach - Broome, Cable Beach, Old Broome
- Resort & outer suburbs - Roebuck, Djugun, Bilingurr
- Industrial & port - Broome port precinct, Roebuck industrial
