Residential Depreciation

residential depreciation

Benefits of Residential Depreciation

We value the vast number of referrals we receive in response to our service.

Most of our clients are residential property investors so over the years we have become very good at assisting private investors in obtaining the best possible tax deduction for their property.

'Depreciation' has been one of the best kept secrets in property investment. More correctly depreciation claims are a composite of the Capital Works Allowance (Division 43 of the Income Tax Act) and Depreciable items under Division 40 of the Act. We have provided more detailed information elsewhere however to put it simply, a residential tax depreciation report prepared by ACP Quantity Surveyors will typically find our clients a first year tax deduction between $2,000 and $15,000 - depending on the age of the building.

Generally we find that many clients haven't claimed in the past because they either didn't think they could, they had not been informed of the possible savings or that it seemed too hard.
We hope that this site will assist in clarifying the benefits of residential property depreciation and note that since our establishment in 2002, there has not been a single investor that we were unable to assist by finding a tax deduction at least equal to three time our fee in the first year of claim – regardless of the age or condition of the property.


Renovations completed after 1992 can also be claimed, be it a new kitchen, bathroom or a new addition. You can still claim if the work was completed by a previous owner.


Renting your property either partially or fully furnished will also help maximise your return. We will pick up normal inclusions such as ovens, cooktop, dishwashers clothes dryer, curtains etc as part of our standard report.

Should you have not already done so we recommend that you discuss the full benefits of depreciation with one of our trained staff or your accountant.

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