Toowoomba market overview
Toowoomba supports a population of around 145,000 and is the largest inland city in Queensland. Agriculture, the Wellcamp aviation freight hub (Australia's newest international airport), regional health (Toowoomba Hospital), the University of Southern Queensland and a growing professional-services sector underpin a steady investor market with active commercial and industrial pipelines.
Tax Depreciation for Toowoomba property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Toowoomba 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
- Toowoomba CBD & central - Toowoomba City, East Toowoomba, North Toowoomba, Newtown
- Range & suburbs - Mount Lofty, Rangeville, Centenary Heights, Middle Ridge
- Industrial & airport - Wellcamp, Charlton, Torrington industrial
