Yes. Even for new properties in South Australia, and master-planned communities like Mount Barker or Lightsview, a tax depreciation schedule is recommended to ensure all eligible deductions are identified and applied correctly from the first year the property is income-producing. While construction records may be available, a schedule confirms how capital works, and assets should be depreciated over their effective life.
This helps ensure depreciation is claimed correctly from the outset and supports long-term planning around cash flow and future tax outcomes.