Capital gains tax (CGT) is a tax levied on the profits you make when you dispose of an asset that you have acquired on or after September 20, 1985. The amount levied with tax is calculated by getting the difference of the property acquisition and maintenance costs and the proceeds of the sale of the property barring any exemptions that are applied to from the Income Tax Assessment Act of 1997 or any exemption determined by the Australian Taxation Office (ATO).
Smart Property Investment's capital gains tax (CGT) calculator allows an estimated calculation of the CGT to be paid based on the sale price of a property minus all expenses associated with acquiring, holding, and disposing of the property. It indicates the total capital gains one can earn and tax one should pay the ATO.
DISCLAIMER: The information provided by this calculator is intended to provide an approximate estimate based on stated assumptions and inputs entered. For more information, read more on
Copyright, Legal and Disclaimers.
property details
Sale price
Current taxable income
Purchase price


Property sale price

The amount specified in the purchase sale agreement of the real property as the purchase price.

Current taxable income

Amount of income an individual used to calculate income tax due, gross income minus any deductions or exemptions allowed.

Purchase price of the property

The price an investor pays for the investment.

Capital gains/loss

Any profit or loss made from the sale of the property or of an investment.

Tax payable under new regime (marginal tax rate x half of capital gain)

The amount of capital gains tax payable based on marginal tax rate multiplied by half of the capital gain/loss.

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates
Senator Murray Watt

‘Devil’s in the details’: Senators scrutinise FHB scheme

A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of...


Investors ‘shy away’ from private lending

Many investors are reluctant to consider a private lender, due to a number of misconceptions, according to a management and advisory firm. ...

Investor activity picks up speed

Increasing home values, low mortgage and attractive rental yields have paved the way for more investment in the housing market. ...


Adelaide prime spot for office investment

New research has captured positive signs of growth in Adelaide’s CBD office market, presenting ample opportunity for investors looking to ...

Smoke alarm compliance

Qld property owners urged to act now on smoke alarm compliance

Property owners in Queensland strata schemes have been advised to ensure their units are compliant with the state government’s smoke alarm...


Investment trend: Renovation for short-term accommodations

Joining the list of emerging trends in today’s property market is renovation for short-term accommodation. How will this strategy affect t...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.