Inner North market overview
Canberra's Inner North - covering Braddon, Lyneham, Dickson, Acton and Turner - is the ACT's most active inner-city renewal corridor. Heavy apartment supply, mixed-use precincts, the emerging build-to-rent pipeline and proximity to ANU and Civic drive substantial Division 40 deductions and a deepening commercial property market.
Tax Depreciation for Inner North property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Inner North 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
- Braddon & Lonsdale Street - Braddon, Reid, Turner, Acton
- Lyneham & Dickson - Lyneham, Dickson, Watson, Downer
- ANU & precinct - Acton, Turner (university precinct), Civic fringe
