
Depreciation Report
Maximise Your Investment Property Tax Deductions
A Depreciation Report helps property investors claim the maximum allowable deductions on their investment property. At Propti, our certified Quantity Surveyors prepare ATO compliant Depreciation Schedules that clearly outline the decline in value of building structures and assets over time.
These reports help you save thousands at tax time and ensure you are claiming everything you are entitled to.
If you also need construction or valuation reports, explore our QS Reports or Valuations pages.
What Is a Depreciation Report
A Depreciation Report, also known as a Tax Depreciation Schedule, details the reduction in value of construction and asset components within a property.
This report is essential for all investment property owners as it identifies eligible deductions under ATO legislation.
It applies to
• Residential investment properties
• Commercial and industrial buildings
• Newly built and renovated dwellings
• Short term rentals and holiday homes
Every report is completed by a qualified Quantity Surveyor registered with industry bodies such as AIQS and recognised by the Australian Taxation Office.
Why Depreciation Reports Matter
Without a Depreciation Report, investors often miss legitimate deductions worth thousands of dollars every year. A certified report ensures
• Compliance with ATO rules and current tax legislation
• Accurate classification of capital works and plant assets
• Maximum allowable deductions for both new and existing buildings
• Support for accountants in preparing annual returns
Having a Depreciation Report can significantly improve the cash flow of your investment property.
What’s Included in a Propti Depreciation Report
Each report includes
• Full inspection and analysis of property improvements and fittings
• Itemised schedule of capital works and plant depreciation
• Detailed 40 year projection of deductions
• ATO compliant formatting for accountant and tax agent use
• Digital PDF report delivered within days
We also offer combined QS and Valuation Reports for clients requiring construction, insurance, or investment planning data in one package.
Why Choose Propti
• Nationwide network of certified Quantity Surveyors
• Reports accepted by accountants and ATO auditors
• Fast turnaround and transparent pricing
• Compliance with AIQS and ATO guidelines
• Trusted by property investors and advisors across Australia
We make property depreciation simple, accurate and profitable for every investor.
Get Your Depreciation Report Started
Provide your property address and purchase date, and we will prepare a certified Depreciation Report within days.
Book a Depreciation Report or Contact Us to request a quote today.
Frequently Asked Questions
1. What is a Depreciation Report used for?
A Depreciation Report allows property investors to claim tax deductions for the wear and tear of building structures and fittings over time.
2. Who can prepare a Depreciation Report?
Only registered Quantity Surveyors are recognised by the ATO to prepare valid Depreciation Schedules for property investors.
3. How long is a Depreciation Report valid for?
A Depreciation Schedule is valid for up to forty years and only needs updating when significant renovations or improvements are made.
4. Can I claim depreciation on older properties?
Yes, although deductions for older properties may be limited to capital works only. A Quantity Surveyor can confirm your eligibility.
5. How long does it take to receive my Depreciation Report?
Most reports are delivered within three to five business days once property details are received.


