Real Estate Depreciation

Our Team

The Real Estate Depreciation team offers a collective 40+ years’ experience in delivering client-focused cost management solutions. Each member of the team offers professional advice and service delivery to our clients and our ongoing commitment to professional development ensures that we remain up-to-date with changes to tax legislation, Government real estate guidelines and investment requirements.

Jason Thornley

Jason Thornley

Director and Group CEO

Jason’s extensive experience, gained over the past 25 years, has established him as a skilled project and cost management professional. His collaborative approach to tax depreciation focuses on open and honest client communication through a proactive team leadership role. This inclusive approach is supported by his technical understanding of tax depreciation legislation and his wider construction knowledge.

Over the past 10 years Jason has worked on some of Australia’s premier projects for both private and public clients. Jason has also undertaken numerous tax depreciation schedules in the past 5 years. Jason is a past President of the Queensland Chapter of the Australian Institute of Quantity Surveyors and is a licensed Tax Agent for the purpose of producing tax depreciation schedules.


  • Bachelor of Science (Quantity Surveying)
  • Chartered Quantity Surveyor
  • Certified Professional Quantity Surveyor
  • Fellow of the Australian Institute of Quantity Surveyors
  • Registered Tax Agent
Yvion Lee

Yvion Lee


Yvion is experienced in client-side construction consulting with advanced technical skills in cost management, bill measurement, and project management. Her extensive construction knowledge and recent client-side experience have given her a unique understanding of the complexities of construction projects, allowing her to offer invaluable insights into project risk, cost control, and value engineering. She has a strong background in BoQ measurement and is adept at interpreting BoQs to develop budgets, estimate costs, and control expenses.

Throughout her career, Yvion has demonstrated a commitment to quality and a dedication to finding cost-effective solutions that deliver maximum value. She is known for her ability to navigate complex construction issues with ease and her technical expertise, which have earned her a reputation as a trusted advisor to clients.

Yvion’s passion for her work and her exceptional skills make her an asset to any construction project. Her collaborative approach to project management ensures that she builds strong relationships with project stakeholders and facilitates effective communication between them to ensure everyone is aligned towards achieving the project’s objectives. Yvion’s commitment to delivering high-quality projects and her technical expertise make her an invaluable asset to any project team.


  • Bachelor of Science (Quantity Surveying)
  • Certified Quantity Surveyor
  • Associate of the Australian Institute of Quantity Surveyors (AIQS)
Liam Wood

Liam Wood

Cost Planner

Liam’s past experience of cost management includes techniques with specific regard to the value management of the design. His design background combined with contractor-side experience enables him to understand cost and buildability of designs.

He has been involved in the provision of a variety of quantity surveying services including preliminary cost plans, estimating replacement cost estimates and post contract within the construction industry. Liam’s knowledge and residential background is critical in costing components of residential properties for the purpose of producing tax depreciation schedules.


  • Bachelor of Design (Honours), QUT – Architecture studies, Landscape Architecture and Property Valuation
  • Master of Architecture (QUT)


Want to Join Our Team?

The team at Real Estate Depreciation is focused, professional and consistently delivers outstanding service to our clients. We are constantly looking to expand our capabilities to meet the demands of our growing client base so, if you feel like you have what it takes to join the team and would like to express your interest in working with Real Estate Depreciation, please forward on your CV directly.

Industry Bodies

Tax Practitioner Board

Australian Institute of Quantity Surveyors

Royal Institution of Chartered Surveyors

Property Council of Australia

Contact Details


Level 3, 240 Queen Street Brisbane QLD 4000


Call - +61 7 3051 0279