Tax Depreciation for Property Owners & Investors

As a Melbourne property owner or investor, maximizing your annual returns while minimizing tax obligations is essential to investment success. Tax depreciation represents one of your most valuable—yet often overlooked—deductions, potentially delivering thousands of dollars in annual tax savings without requiring any additional expenditure.

Costin Quantity Surveyors specializes in helping Melbourne property investors and landlords access every available tax depreciation deduction through comprehensive, ATO-compliant schedules that deliver results year after year.

Why Property Investors Choose Costin?

Our expert team ensures accurate schedules, free ongoing updates, and long-term support—delivering lasting value and complete peace of mind.

Investment Property Types We Service

Residential Investment Properties

Commercial Investment Properties

Our Process for Property Investors

Contact us with your property address and basic details. We’ll provide:

  • No-obligation depreciation potential estimate
  • Clear explanation of available deductions
  • Transparent fee quotation
  • Process overview and timeline

We require minimal information from you:

  • Property ownership details
  • Purchase date and price
  • Settlement information
  • Rental commencement date
  • Property manager or tenant contact (if inspection needed)
  • Known renovation details (if any)

We handle all the work:

  • Council building permit searches
  • Strata records review (apartments)
  • Purchase contract analysis
  • Construction history research
  • Site inspection arrangement and completion

Our chartered quantity surveyors prepare:

  • Complete capital works analysis
  • Itemized plant and equipment assessment
  • Both depreciation methods calculated
  • 40-year deduction forecasts
  • Clear user guidance and instructions

Receive your schedule within 1-2 days including:

  • Comprehensive PDF report
  • Executive summary of findings
  • Application guidance for you and your accountant
  • Free ongoing consultation and updates

Common Investor Questions

We understand you may have a few questions before getting started, and we’re here to help! In this section, we’ve gathered answers to the most frequently asked questions about our services, processes, and policies. Whether you’re curious about pricing, timelines, or specific requirements, you’ll find all the key details here — making it easier for you to make informed decisions with confidence.

Absolutely. Even properties built in the 1960s-1980s often have substantial depreciation available from:

  • Renovations completed after 1985
  • Modern appliances and fixtures
  • Recent asset additions and replacements
  • Extensions and structural improvements

Our research frequently uncovers significant historical works that deliver ongoing deduction value.

You can claim backdated depreciation (within ATO limitations) for previous years, potentially generating tax refunds. Even if backdating isn’t possible, obtaining a schedule now prevents further missed deductions.

Each property requires its own depreciation schedule as every property has unique construction costs, assets, and deduction profiles. However, we offer portfolio pricing discounts for multiple properties.

While technically possible using known costs and ATO effective lives, DIY schedules typically miss:

  • Historical renovations by previous owners
  • Many claimable assets and fixtures
  • Optimal depreciation strategies
  • Professional construction cost valuations

The additional deductions professional quantity surveyors identify typically far exceed schedule costs.

Maximize Your Melbourne Investment Returns

Don’t leave thousands in tax deductions unclaimed. A professional tax depreciation schedule from Costin Quantity Surveyors ensures you access every available dollar while maintaining complete ATO compliance and audit protection.

Ready to enhance your property investment returns?

Contact our Melbourne team today for a free, no-obligation assessment of your investment property’s depreciation potential.

Related Information

Residential Property Depreciation

Helping investors to claim maximum depreciation deduction. We will find the best way to save you dollars specific to your individual property or investment needs.

Commercial Property Depreciation

Have you ordered a depreciation schedule for your commercial property. We are available 24 hours a day / 7 days a week and Australia wide.

Tax Depreciation FAQs

Question & Answers guide to Property Tax Depreciation Schedules.

About Costin Quantity Surveyors

We provide quantity surveying advisory services and accurate costing, bank report, defect valuation report, VCAT cost report & mediation, and expert witness to our client.

Depreciation Quote Form

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Download order form for tax depreciation report