Gold Coast market overview
The Gold Coast supports a population of around 740,000 and is Australia's sixth-largest city. Tourism, short-stay accommodation, luxury apartment development from Coolangatta through Surfers Paradise and Main Beach, and a deepening commercial office stock through Southport and Robina underpin one of the most active investor markets in the country.
Where Gold Coast residential property is operated as a commercial short-stay accommodation business (a common structure for waterfront apartments and holiday rentals), the s40-27 second-hand restriction does not apply and the full Division 40 deduction is preserved - a meaningful additional deduction stream over the life of the schedule.
Indicative market figures only.
Tax Depreciation for Gold Coast property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Gold Coast 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
- Beachfront apartments - Surfers Paradise, Main Beach, Broadbeach, Mermaid Beach, Burleigh Heads
- Southern Gold Coast - Coolangatta, Kirra, Currumbin, Palm Beach, Tugun
- Northern Gold Coast - Southport, Labrador, Biggera Waters, Hope Island, Sanctuary Cove
- Hinterland & lifestyle - Robina, Varsity Lakes, Mudgeeraba, Carrara
- Industrial & commercial - Yatala, Ormeau, Burleigh industrial, Southport CBD
