Coffs Harbour market overview
Coffs Harbour and the broader Mid North Coast region serve a population of around 80,000 and rely heavily on tourism, agriculture and education for a steady rental and short-stay accommodation market. Beachfront and waterfront apartment stock through Coffs Harbour, Sawtell and Park Beach generates strong Division 40 deductions, while expanding regional industrial and retail activity supports a deepening commercial market.
Tax Depreciation for Coffs Harbour property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Coffs Harbour 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
- Coffs CBD & jetty - Coffs Harbour CBD, Jetty, Park Beach
- Coastal lifestyle - Sawtell, Boambee Beach, Emerald Beach, Woolgoolga
- Industrial & retail - Coffs Harbour airport precinct, Toormina
