The WRC Difference

WRC QS is a family owned and operated business. Founder and director Will Callaghan is a 2nd generation Quantity Surveyor based in Brisbane and has extensive construction industry knowledge.


We have been involved in the construction industry of Australia since the 1960’s. We have extensive historical data relating to construction costs. Director, Will Callaghan is a second generation Quantity Surveyor and all staff are fully qualified and trained Quantity Surveyors.

Accountant Approved

Our reports are highly regarded by many Accountants who actively refer clients to us. The quality of our reports speak for themselves. There are many Accountants out there, as a result we may not have met with your Accountant to date. Hopefully we will do so soon and we will have another Accountant who appreciates the easy-to-use formatting we implement in our tax depreciation reports.

Client First Commitment

As a family owned & operated business we are committed to providing the highest level of quality and support for our clients. We offer ongoing support for all clients and have regularly provided copies of older reports for clients who have lost them as far back as 1999. It’s all on file.

Your report will be emailed to you and your accountant when complete.

Client Privacy

We do not and will not share any confidential information regarding any client.

Tax Depreciation Experts

At WRC QS we keep our finger on the pulse to ensure our reports comply with the latest ATO rulings. Our QS’s are fully qualified and trained in tax depreciation legislation. Since 1993 we have provided many thousands of tax depreciation reports to clients. Not once have we had the ATO come knocking wanting to discuss our reporting methods.

Tax Depreciation Specialists

WRC QS are specialists in Tax Depreciation reporting. We have been a Brisbane based company since 1992 (under the name of Costeff). A recent re-structure and expansion plan has lead to the opening of satellite offices on the Gold Coast, Sunshine Coast, Northern N.S.W. and Toowoomba. We now have staff able to travel interstate & internationally to carry out tax depreciation reports further afield while we look for interstate office space.

Value Adding

As we are a true Quantity Surveying firm we also provide Insurance Replacement Valuations on any property type or size. WRC QS have provided many Insurance Replacement Valuations for clients not happy with their Insurers estimation. For a small fee of $150 incl. GST WRC QS can supply a Insurance Replacement Valuation in addition to the Tax Depreciation Report. Our valuations are highly accurate and will ensure your property is neither under valued leaving you exposed to risk or overvalued making you pay too much for your Insurance premium.


We know how confusing the rules can be regarding tax depreciation on investment properties. That’s why we prepare our reports in a easy to follow layout with full descriptions of Capital Works items. Accountants’ seem to really appreciate our formatting style and let us know that regularly. The ATO must like our reports too as we have never had an issue with them.