Cairns market overview

Cairns supports a population of around 165,000 and is the tourism and commercial capital of Tropical North Queensland. The Great Barrier Reef, Daintree Rainforest and Port Douglas region underpin a deep short-stay accommodation market through the CBD, the Esplanade and the northern beaches. A growing commercial and health-sciences sector and a regional industrial base round out the city's investor pipeline.

Tax Depreciation for Cairns property investors

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

  • Cairns CBD & Esplanade - Cairns CBD, Esplanade, Cairns North, Parramatta Park
  • Northern beaches - Trinity Beach, Palm Cove, Clifton Beach, Kewarra Beach
  • Southern suburbs - Mount Sheridan, Edmonton, Bentley Park, Gordonvale
  • Industrial - Portsmith, Bungalow, Woree industrial