House vs Apartment: Which Depreciates Better for Investors?

Quick Answer

Choosing between a house or apartment for depreciation depends on several factors, including purchase price, construction date, and property type. Generally, newer apartments may offer more depreciation opportunities due to higher plant and equipment costs under Division 40 and potential capital works deductions under Division 43. However, each property is unique, and a detailed depreciation schedule by a Chartered Quantity Surveyor can clarify the benefits.