Warrnambool market overview
Warrnambool supports a population of around 35,000 and is the largest city in south-west Victoria. Dairy processing (Fonterra, Bega), the Great Ocean Road tourism corridor, Deakin University's south-west campus and a regional health hub underpin a stable investor market with growing apartment supply through the CBD and waterfront precincts.
Tax Depreciation for Warrnambool property investors
An engineering-based TDA depreciation schedule identifies every deductible asset on your Warrnambool 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
- Warrnambool CBD & waterfront - Warrnambool, East Warrnambool, Dennington
- Coastal & growth - Allansford, Port Fairy (adjacent)
- Industrial - Dennington industrial precinct, Caramut Rd corridor
