Sydney market overview
Sydney is home to more than 5.3 million people and is the highest per-capita property market in Australia by capital value. Sustained net migration, a tight rental market and an ongoing apartment construction pipeline through inner Sydney, Parramatta, Sydney Olympic Park and the Western Sydney growth corridor keep depreciation deductions for Sydney investors among the highest in the country.
Commercial office stock through Sydney CBD, North Sydney, Macquarie Park and the Parramatta CBD continues to refresh, with new builds and major refurbishments delivering high-value Division 40 plant. Build-to-rent has emerged as a meaningful asset class in inner Sydney and is generating large, schedulable plant & equipment values per dwelling.
Indicative market figures only.
Tax Depreciation for Sydney property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Sydney 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
- Inner Sydney apartments - Surry Hills, Pyrmont, Zetland, Green Square, Mascot, Waterloo
- Sydney CBD & fringe office - CBD core, North Sydney, St Leonards, Pyrmont, Surry Hills
- Western Sydney growth corridor - Parramatta, Sydney Olympic Park, Liverpool, Penrith, Blacktown
- North Shore & eastern suburbs - Chatswood, Macquarie Park, Bondi, Double Bay, Randwick
- Industrial & logistics - Eastern Creek, Erskine Park, Smithfield, Botany, Kingsgrove
