SnapCalc

Property Depreciation Calculator

Estimate annual tax depreciation deductions on your Australian investment property under Division 40 and Division 43.

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Frequently Asked Questions

What is property depreciation?

Property depreciation is a non-cash tax deduction available to Australian investment property owners. Division 43 covers the building structure (2.5%/year), while Division 40 covers plant and equipment like carpets, appliances, and hot water systems.

Do I need a quantity surveyor report?

Yes — the ATO requires a quantity surveyor's depreciation schedule to claim Div 40 and Div 43 deductions on properties you did not build yourself. This calculator provides estimates only.

Can I claim depreciation on an old property?

Div 43 (building) is only available for properties built after 16 September 1987. However, Div 40 plant and equipment deductions are available for assets installed after 9 May 2017 when YOU purchased them (not the original build date).