Property Capital Gains Tax Calculator Australia 2026-27

Estimate CGT on the sale of investment property in Australia. Includes the 50% discount, main residence exemption and the 2026-27 marginal tax brackets.

Purchase Price

Sale Price

Other costs (improvements, fees)

Your annual taxable income

Held more than 12 months Apply 50% CGT discountMain residence exemption No CGT on your principal home

Capital Gains Tax Payable

$41,725

Net proceeds: $708,275

Raw capital gain$235,000

Taxable gain (after discount)$117,500

CGT is added to your assessable income and taxed at your marginal rate. The 50% discount applies to individuals holding an asset more than 12 months. Main residence is generally CGT-free.

Frequently Asked Questions

How much CGT do I pay when selling an investment property?

Capital gain = sale price − purchase price − purchase costs − sale costs − qualifying improvements. If you held the property more than 12 months, apply a 50% discount. The remainder is added to your income and taxed at your marginal rate (up to 47% including Medicare).

Can I avoid CGT on inherited property?

Often yes — if the deceased's main residence is sold within 2 years of death, CGT is generally exempt. If it was an investment property at death, the cost base is reset to market value (for pre-CGT assets) or carries over.

Does the 6-year rule reduce CGT?

Yes. If you move out of your main residence and rent it out, you can still treat it as your main residence for up to 6 years for CGT purposes (provided you don't claim another property as your main residence in that time).