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NT · Townhouses

Townhouse depreciation schedules in the Northern Territory

A townhouse is built differently from a detached house, and priced at a rate of its own per square metre: two levels, party walls, a smaller footprint carrying the same kitchen, bathrooms and services. It usually sits in a strata or community scheme, so a share of the common driveway, fencing and landscaping is yours too.

Rate per m², NT 2015
$1,804
Townhouse built 2015
$274,747
Deduction a year
$6,869

What a townhouse cost to build in the Northern Territory

For a two-level townhouse of 160 m², at NT rates, excluding the plant listed separately. The capital works deduction is 2.5% of this cost a year for 40 years from completion, and a buyer claims what is left.

Indicative construction cost of a two-level townhouse of 160 m² by year built, NT
Year builtRate per m²Construction cost2.5% a yearYears left
1990$670
$96,683
$2,4174
1995$804
$117,605
$2,9409
2000$872
$128,889
$3,22214
2005$1,177
$177,301
$4,43319
2010$1,713
$259,863
$6,49724
2015$1,804
$274,747
$6,86929
2020$1,760
$268,718
$6,71834
2025$2,211
$338,894
$8,47239

Indicative, from the Ezy Depreciation cost database ledger-catalogue-2026-11-02. Years left are full income years from the current one, taking completion as 30 June of the year built.

A townhouse built in 2024, a year the table leaves out, cost about $324,927 at NT rates ($2,122 per m²), so about $8,123 a year at 2.5% for the 38 years left of its 40: see depreciation on a property built in 2024 for a standard house that year in every state. The table ends with 2025, the latest year our national series rests on a published figure for, so a townhouse built since, in 2026, is shown here at 2025's rates until its own year's are published: about $338,894 at NT rates, so about $8,472 a year at 2.5% over its 40 years.

How the Northern Territory compares

In our cost database, the Northern Territory is the fourth dearest of Australia's states and territories to build a townhouse in. Built in 2025, a two-level townhouse of 160 m² cost about $338,894 at NT rates ($2,211 per m²), $4,459 more than it would at the national benchmark rate of $2,182 per m², so its capital works deduction is about $111 a year higher.

The next dearer is Victoria at $2,229 per m², and the next cheaper Western Australia at $2,141 per m². The same townhouse would have cost $77,654 more in Tasmania, the dearest, and $70,932 less in South Australia, the cheapest.

Between 2015 and 2025 the cost of building the same townhouse in the Northern Territory rose from $274,747 to $338,894, 23% more, so the deduction for one completed in 2025 is about $1,603 a year more than for one completed in 2015, with 10 more years of its 40 to run.

Capital works in a townhouse

Division 43, at 2.5% a year for 40 years

  1. 1The dwelling: two levels of structure, the stair, party walls, the garage and the courtyard's paving and fencing
  2. 2Your share of the common property: the shared driveway, visitor parking, boundary fencing, letterboxes, landscaping and lighting
  3. 3Common plant, in proportion to your unit entitlement: automatic gates, intercom, common lighting controls, fire equipment
  4. 4Renovations: a new kitchen, bathroom or laundry, or a room added, is capital works from the date it was finished, at 2.5% for 40 years if it was begun after 15 September 1987. What a renovation does to the plant and works it replaces

Plant typically found in a townhouse

Division 40, each at its effective life; new at today's prices

Not in the total: ducted air conditioning, priced as a whole house's ducted system supplied and installed, not as one in a two-level townhouse of 160 m², at the packaged unit's 15 years. It includes the ductwork, which is capital works at 2.5% a year, not plant, and no price we hold gives its share.

Deductible if bought new for the property while it is let; if it came with a second-hand property acquired since 9 May 2017, or was used while the property was the owner's home, generally not for an individual, though still valued for the capital gain. In a holiday townhouse its owner also stays in, even plant bought new since 9 May 2017 is generally not deductible once that private use is not occasional, from the income year it begins (section 40-27).

A townhouse's lot and the body corporate in the Northern Territory

In the Northern Territory a townhouse is usually a lot in a scheme run by its body corporate under the Unit Title Schemes Act 2009. A scheme registered before that Act began remains under the Unit Titles Act 1975. Elsewhere it is an owners corporation in New South Wales, Victoria and the Australian Capital Territory, a body corporate in Queensland and Tasmania, a strata company in Western Australia and a strata corporation in South Australia, under each one's own Act.

Whether the townhouse's own structure is its owner's alone depends on the plan. Where a lot's boundaries are the inner faces of its walls, floors and ceilings, the walls, roof and slab are common property and each owner claims a share; where the lot takes in the building, as a survey-strata or community lot generally does, its two levels, stair, garage and courtyard are its owner's capital works in full. Built in 2025 at NT rates, a two-level townhouse of 160 m² cost about $338,894 ($2,211 per m², before the plant the builder installs, priced as plant, is taken out), about $8,472 a year, whichever way the plan divides it. What it leaves as common property is owned with the other lots: a lot with 120 of 1,000 entitlements carries 12% of it. For a shared driveway of 250 m² and 120 m of boundary fencing built in 2025, about $33,745 between them, that is about $4,049, or $101 a year at 2.5%.

Levies paid into the body corporate's administrative fund, or a general sinking fund, are generally deducted as an expense in the year they are paid. A special levy for a particular capital work, a new gate or the driveway resurfaced, is not deductible as a levy; the work it pays for can be capital works, its share claimed from the day it is completed. Each lot's share of the common plant is its owner's own cost, so the $300 and $1,000 thresholds are met far more often than for the same item bought whole.

A 12% share of a townhouse scheme's common plant, one of each, priced new
ItemCostLifeThe shareDeducted
Gate motor$1,80510 yrs$217deducted at once, generally
Irrigation controller$3955 yrs$47deducted at once, generally
Irrigation pump$2705 yrs$32deducted at once, generally
Fire extinguisher$3615 yrs$4deducted at once, generally

Indicative, at our cost database's installed prices. A scheme's own entitlements and plant are on its plan and asset register.

Common questions

What does a townhouse built in 2015 in the Northern Territory claim in capital works?

For a two-level townhouse of 160 m², about $274,747 of construction cost at NT rates ($1,804 per m²), so about $6,869 a year at 2.5% for the 29 years left of its 40. A larger or better-finished townhouse costs more: the guide to build quality and storeys sets each tier's cost side by side, state by state.

Is a townhouse priced like a house or like a unit?

Neither. Our cost database has a factor of its own for townhouses, in each state: a compact two-level building with its own roof and services but no basement, lift or lobby.

How is the common property shared?

By the lot's unit entitlement on the strata or community plan. A lot with 120 of 1,000 entitlements carries 12% of the common driveway, fencing and gate motor.

Is the rate different for townhouses in NT?

The rate is federal: 2.5% a year for residential construction begun after 15 September 1987, everywhere in Australia. What differs is the cost it applies to. Construction in NT runs about 23% above the national benchmark, and a townhouse's structure costs 0.92× a two-storey house's per square metre.

Townhouses elsewhere

Other dwellings in NT

General information only, not advice about your circumstances. Speak to a registered tax agent before relying on it.