Geelong market overview

Greater Geelong supports a population of around 290,000 and is one of the fastest-growing regional markets in Australia. The Geelong waterfront redevelopment, Deakin University and a deep industrial base across Norlane, Corio and North Geelong drive a steady pipeline of residential, commercial and industrial property activity. Apartment supply through central Geelong and Newtown has refreshed inner-city stock with strong Division 40 deductions per dwelling.

Tax Depreciation for Geelong property investors

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

  • Geelong CBD & waterfront - Geelong, Newtown, East Geelong, Drumcondra
  • Bellarine Peninsula - Ocean Grove, Barwon Heads, Point Lonsdale, Queenscliff
  • Growth suburbs - Armstrong Creek, Mount Duneed, Lara, Leopold
  • Industrial & port - Norlane, Corio, North Geelong, Avalon