Geraldton market overview
Geraldton supports a population of around 40,000 and is the commercial centre of WA's Mid West region. The Geraldton port (iron ore and grain export), the rock-lobster fishing industry, regional health and an emerging space-and-defence sector underpin a stable mix of residential, commercial and industrial property activity.
Tax Depreciation for Geraldton property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Geraldton 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
- Geraldton CBD & coast - Geraldton, Beachlands, Mount Tarcoola, Tarcoola Beach
- Growth suburbs - Wandina, Glenfield, Strathalbyn
- Industrial & port - Webberton, Narngulu industrial estate, Geraldton port
