Perth market overview
Greater Perth is home to more than 2.3 million people and is Australia's fourth-largest capital. The CBD and inner-city renewal (East Perth, Northbridge, West Perth), a refreshing commercial office stock through Elizabeth Quay and St Georges Terrace, and major industrial activity through Kewdale, Welshpool and Henderson keep WA's capital among the most active depreciation markets in the country.
Apartment supply through the CBD, Subiaco, Claremont and the growth corridors (Northern: Alkimos, Yanchep; Eastern: Ellenbrook; South-West: Mandurah-Rockingham) generates strong Division 40 deductions per dwelling. Commercial activity is closely tied to the resource-sector cycle.
Indicative market figures only.
Tax Depreciation for Perth property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Perth 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
- Perth CBD & inner - Perth CBD, East Perth, West Perth, Northbridge, Subiaco
- Western suburbs - Claremont, Cottesloe, Nedlands, Mosman Park, Peppermint Grove
- Northern corridor - Joondalup, Alkimos, Yanchep, Hillarys, Currambine
- Eastern & SE growth - Ellenbrook, Forrestfield, Canning Vale, Armadale
- Industrial & logistics - Kewdale, Welshpool, Henderson, Forrestdale, Kwinana
