Mildura market overview

Mildura supports a population of around 55,000 and serves the broader Sunraysia / Murray-Darling region. Horticulture (citrus, table grapes, almonds, wine), Murray River tourism, the regional health and education sector and a growing agricultural-processing pipeline underpin a steady investor market across residential, commercial and industrial stock.

Tax Depreciation for Mildura property investors

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

  • Mildura CBD & riverfront - Mildura, Mildura West, Buronga (NSW side)
  • Growth suburbs - Irymple, Red Cliffs, Merbein
  • Industrial & agricultural - Benetook Ave precinct, Mildura airport corridor