Woden Valley market overview

Woden Valley supports a population of around 35,000 and is centred on the Phillip town centre. The Canberra Hospital health precinct, a deepening apartment pipeline through Phillip and Mawson and growing commercial office activity underpin a stable mix of residential and commercial property activity. Light rail Stage 2 will further activate the district.

Tax Depreciation for Woden Valley property investors

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

  • Phillip town centre - Phillip, Lyons, Curtin, Hughes
  • Suburbs - Garran, Hughes, Deakin, Yarralumla (adjacent)
  • Health precinct - Garran (Canberra Hospital), Phillip medical district