By state and territory
Tax depreciation schedules by state
The depreciation rules are the same everywhere in Australia; what a building cost to construct is not. What a standard 200 m² single-storey brick veneer house cost to build in each state and territory, excluding its plant, and so its capital works deduction of 2.5% a year.
New South Wales
Sydney, Newcastle, Wollongong
$398,300 to build in 2025
Costs run about 14% above the national rate
Victoria
Melbourne, Geelong, Ballarat
$336,880 to build in 2025
Costs run about 3% below the national rate
Queensland
Brisbane, the Gold Coast, the Sunshine Coast
$358,691 to build in 2025
Costs run about 3% above the national rate
Western Australia
Perth, Mandurah, Bunbury
$339,934 to build in 2025
Costs run about 2% below the national rate
South Australia
Adelaide, Mount Gambier
$251,998 to build in 2025
Costs run about 28% below the national rate
Tasmania
Hobart, Launceston
$394,184 to build in 2025
Costs run about 13% above the national rate
Australian Capital Territory
Canberra
$351,892 to build in 2025
Costs run about 1% above the national rate
Northern Territory
Darwin, Alice Springs
$429,277 to build in 2025
Costs run about 23% above the national rate
Construction cost by state and year built
| State | Built 2005 | Built 2015 | Built 2025 | Deduction, built 2015 |
|---|---|---|---|---|
| New South Wales | $177,946 | $257,847 | $398,300 | $6,446 a year |
| Victoria | $175,709 | $227,284 | $336,880 | $5,682 a year |
| Queensland | $153,298 | $217,272 | $358,691 | $5,432 a year |
| Western Australia | $117,923 | $188,312 | $339,934 | $4,708 a year |
| South Australia | $124,851 | $155,237 | $251,998 | $3,881 a year |
| Tasmania | $176,043 | $216,843 | $394,184 | $5,421 a year |
| Australian Capital Territory | $177,994 | $221,610 | $351,892 | $5,540 a year |
| Northern Territory | $224,888 | $361,391 | $429,277 | $9,035 a year |
Indicative, from the Ezy Depreciation cost database ledger-catalogue-2026-11-02. A property's own area, construction and finish change the figure.
By dwelling type
Built in 2025, a high-rise apartment's share of its building is priced at about 1.27 to 1.91 times a standard house's rate per square metre, by state. Each type has a page in every state, with what it cost to build there by year and the plant it typically has; beside each, its rate per m² built in 2025.
Houses
a single-storey brick veneer house of 200 m²
Townhouses
a two-level townhouse of 160 m²
Units
a 90 m² unit in a low-rise walk-up block
Apartments
an 85 m² apartment in a high-rise building
Depreciation by year built Effective life of each item
General information only, not advice about your circumstances. Speak to a registered tax agent before relying on it.