Property Investor Tax Depreciation



To obtain a free, no-obligation Quote for a Residential Tax Depreciation Schedule please click above or,
if you would like to talk with a Certified Quantity Surveyor, please phone 1300 732 667.


The Redline Advantage - How we maximise your depreciation deduction

  • Every Tax Depreciation Schedule is compiled by a Certified Quantity Surveyor (CQS)
  • Taking full advantage of the highest depreciation rates available and Low Value Pooling
  • Transferring larger assets to the Low Value Pool as soon as possible
  • Splitting Schedules where there are multiple owners
  • Automatically including common property items for unit developments
  • Providing Schedules that last the life of the property (40 years)
  • Combining all of the above with competitive fees and the fastest turnaround times


What is Tax Depreciation?

Progressively during the 1980s the Australian Government introduced Legislation enabling investment property owners to claim tax deductions for Tax Depreciation and Capital Allowances against their income producing properties.

Deductions for Tax Depreciation and Capital Allowances are divided into two categories; building depreciation and plant and equipment (asset) depreciation.

Building depreciation is a flat 2.5% deduction per annum of the original construction cost of the property for each year of ownership. This percentage can rise to 4% per annum depending on the type of property and when it was built.

Plant and equipment (asset) depreciation covers items such as air conditioning equipment, carpets, blinds, curtains, appliances, hot water systems, etc which attract higher rates of depreciation. Note, Legislative changes introduced on 9 May 2017 limited plant and equipment depreciation to the investor who first acquired the plant and equipment.




Areas Serviced

Redline Quantity Surveyors prepare Tax Depreciation Schedules for brand new properties Australia-wide based on plans and specifications. For all other residential properties, where an inspection of the property may be required, we service the entire South-East Queensland and Northern NSW regions incorporating:

  • Gold Coast
  • Brisbane
  • Ipswich / Springfield
  • North Brisbane / Caboolture / Morayfield / North Lakes / Deception Bay
  • South Brisbane / Logan / Beenleigh
  • Redland Bay
  • Redcliffe Peninsula
  • Beaudesert / Jimboomba
  • Sunshine Coast / Noosa / Maroochydore / Mooloolaba / Caloundra
  • Toowoomba
  • Gatton
  • Tweed Coast / Kingscliff
  • Lismore
  • Ballina
  • Murwillumbah
  • Byron Bay

*Also known as Quantity Surveyors Report (QSR), QS Report, Capital Allowances Schedule, Tax Depreciation Report and Investment Property Schedule.