Division 40 · kitchen
Oven: effective life and depreciation rate
A built-in oven is plant despite being built in: it can be unplugged and pulled out. A freestanding stove (oven and cooktop in one) is one asset with the same 12-year life.
- Effective life
- 12 yrs
- DV · PC rate
- 16.67% · 8.33%
- Installed new, 2026
- $1,914
A renovation that takes the oven out ends it as an asset in that year: the guide to renovating a rental sets out what scrapping one gives, in the low-value pool or out of it, and why one that came with an established property bought since 9 May 2017 can make a capital loss instead, with an oven worked through.
Five years of an oven bought new
An oven costing $1,914, held for each full year, under each method. At $1,914 it is above the $1,000 low-cost threshold, so it is deducted at its own rate. Under diminishing value its written-down value is $922 after four full years, under $1,000, so from year 5 it can go into the low-value pool.
| Year | Diminishing value 16.67% | Prime cost 8.33% |
|---|---|---|
| 1 | $319 | $160 |
| 2 | $266 | $160 |
| 3 | $222 | $160 |
| 4 | $185 | $160 |
| 5 | $154 | $160 |
| Five years | $1,146 | $800 |
Full years of 365 days. Diminishing value and prime cost are worked by days held ÷ 365 (sections 40-72 and 40-75), so a year that includes 29 February, held throughout, claims 366/365 of what a 365-day year would on the same value. The first year is pro-rated by the days the item is held for earning rent, except in the pool, whose rates are not by the day.
What an oven cost installed, by year
- 2000$1,178
- 2010$1,418
- 2020$1,600
- 2026$1,914
The effective life of an oven fitted new in a property built in 2014 ends in 2026, while the building's own capital works deduction runs to the 2053–54 income year: see depreciation on a property built in 2014.
Price is for one item, supplied and installed.
By dwelling type
Our dwelling pages price an oven with the typical plant of a house, a townhouse, a unit and an apartment in every state; two states of each:
- A house in Queensland
- A house in the Northern Territory
- A townhouse in South Australia
- A townhouse in Queensland
- A unit in the Australian Capital Territory
- A unit in the Northern Territory
- An apartment in New South Wales
- An apartment in the Northern Territory
Each is priced at its state's rates, and the state's own page sets the four types side by side: New South Wales, Queensland, South Australia, the Australian Capital Territory and the Northern Territory.
Common questions
What is the effective life of an oven?
12 years, as the Commissioner of Taxation determines it for "Ovens" under "Kitchen assets" in the residential property operators' table of the Income Tax Assessment (Effective Life of Depreciating Assets) Determination 2025, which most schedules use (an owner may estimate its own instead, section 40-105). Five of the other 36 items here share it, among them a refrigerator and a cooktop.
What is the depreciation rate for an oven?
16.67% a year under diminishing value (200% ÷ 12), taken from what is left of the value: $319 of the $1,914 it costs installed new in the first full year, $154 in the fifth. Or 8.33% a year under prime cost (100% ÷ 12), taken from the cost: $160 in each of the first five. An item first held before 10 May 2006 takes 150% ÷ 12 under diminishing value.
Can I claim an oven that came with the property?
Generally not, for an individual, a self-managed super fund or most trusts and partnerships that bought an established property at or after 7.30 pm on 9 May 2017 (section 40-27; the 2017 rules set out who it reaches and the exceptions). Such plant is still valued, at what it costs new in the year the property is bought less its age and condition: for an oven 6 years old in good condition, about $957 of the $1,914 new in 2026, a value whose decline can make a capital gain or loss when it is sold or scrapped. For an oven bought new for the property while it is let, and never used while it was the owner's home, deductions start on the day of installation.
What does it cost to install an oven?
About $1,914 installed new in 2026, from our cost database, and about $1,418 in 2010. The other items here nearest it in price are a gas space heater (about $2,062, with a 15-year life) and blinds (about $1,734, with a 10-year life).
Other items
General information only, not advice about your circumstances. Speak to a registered tax agent before relying on it.