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

Capital cities to see busiest auction week since April

With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...

Looser lending restrictions: What do they really mean for borrowers?

Looser lending restrictions: What do they really mean for borrowers?

A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...

The biggest stories this week

Hot Property: The biggest stories this week

As Melbourne begins its path out of restrictions, falling state and national borders will again open up Australian real estate opportunities...

financial stress

Shared living a solution to loneliness, financial stress for older Australians: PRD

COVID-19 has highlighted several issues across the population, one of which being the impact of financial struggles and loneliness among old...


Perth vacancy rate hits 13-year low

Perth hits a rental crisis as its residential vacancy rate continues to rapidly decline, dropping to below 1 per cent for only the third ti...

Melbourne listings overtake Sydney as restrictions ease

Melbourne listings overtake Sydney as restrictions ease

Total advertised stock on market across Melbourne has increased by more than 300 per cent in four weeks as a result of easing restrictions, ...

Website Notifications

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