Estimate your capital gains tax on a Queensland property sale. Covers the 50% CGT discount, main residence exemption, and key budget changes. Estimate only.
Estimated CGT
$0
Net Proceeds
$0
Queensland CGT Estimator. Built for Queensland property owners and investors. Uses QLD transfer duty rates and reflects Australian CGT rules including the 50% discount, main residence exemption, and capital loss treatment. Use the discount slider to stress-test your CGT under different discount rates. Current law applies a 50% CGT discount for individuals and trusts on assets held more than 12 months. This calculator is an estimate only. Always consult a registered tax adviser or accountant before making financial or tax decisions.
Sale date cannot be before the purchase date. Please check your dates.
Property Details
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CGT Discount Rate
Applies to individuals and eligible trusts when property is held over 12 months. Currently 50% under Australian law. Adjust the slider to model proposed federal budget changes.
50%Discount
0% Removed25%50% Current law75%
Acquisition and Selling Costs
These are added to your cost base, which reduces your estimated capital gain. Include costs actually paid, not estimates.
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Only include costs you have not already claimed as income tax deductions.
For investment properties, expenses such as interest, council rates, and insurance are typically claimed as annual deductions and cannot also be added to the cost base. For owner-occupied properties held under main residence rules, some of these costs may be includable. Seek advice from your accountant if unsure.
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Your Situation
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Main Residence
A full or partial main residence exemption can significantly reduce or eliminate CGT. The rules are complex; this section provides an estimate only.
yrs
Hold Period
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Enter your dates above.
Discount Eligible
Estimated Capital Gain
Your sale proceeds$0
Less: total cost base($0)
Gross capital gain$0
Less: main residence exemption($0)
Less: prior year capital losses applied($0)
Gain after losses$0
Less: 50% CGT discount($0)
Net taxable capital gain$0
Outcome
$0
Estimated capital loss
No CGT is payable on a capital loss. Capital losses may generally be carried forward and offset against future capital gains. You should record this loss on your tax return. Consult your accountant to confirm how this applies to your circumstances.
Main Residence Exemption
Full exemption likely
CGT may not apply to this transaction.
This estimate assumes full main residence exemption applies. The actual outcome depends on your specific circumstances. Seek advice from a registered tax adviser to confirm eligibility.
Estimated Tax on Capital Gain
Other taxable income$0
Plus: net capital gain$0
Total taxable income$0
Income tax (before gain)$0
Income tax (with gain)$0
Estimated tax attributable to gain$0
Medicare levy on gain$0
Discretionary trust: The estimated net capital gain is $0. A discretionary trust may pass through the CGT discount to individual beneficiaries when distributing a capital gain. The tax payable depends on how the gain is distributed and each beneficiary's marginal tax rate. This estimate cannot reliably calculate a single tax figure. Seek advice from your accountant.
Net capital gain (no discount)$0
Tax at company rate (30%)$0
Companies do not receive the CGT discount. A base rate entity (turnover under $50 million) may pay 25% rather than 30%. No Medicare levy applies to companies.
Net gain (after one-third discount)$0
Estimated tax at 15% (accumulation phase)$0
SMSFs in accumulation phase receive a one-third CGT discount (not 50%) on assets held over 12 months, resulting in an effective CGT rate of 10%. In pension phase, no CGT applies. SMSF tax is complex. Seek advice from an SMSF specialist.
Total estimated CGT payable$0
Estimated Net Proceeds After Tax
$0
Effective rate on gross gain: -
Budget Impact: 50% vs Your Rate
Current law (50% discount) compared to your selected rate
Current Law (50%)
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Tax payable
Selected Rate
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Assumptions and Important Notes
This is an estimate only and does not constitute tax advice.
Built for Queensland property owners. Transfer duty uses Queensland OSR rates.
Uses 2025-26 Australian resident individual marginal tax rates.
Does not account for depreciation recapture, PAYG instalments, or Division 7A.
Seek advice from a registered tax adviser before acting on any result.
Daniel Gierach
Ray White Bulimba · Queensland
Capital Gains Tax Estimate
Queensland Property · Prepared
Property Details
Purchase price
Purchase date
Sale price
Sale date
Hold period
Ownership
Tax residence
Main residence
Cost Base
Estimated Capital Gain
Estimated Tax on Capital Gain
Net Proceeds After Tax
Estimated Net Proceeds
Budget Scenario Comparison
Assumptions and Important Notes
Daniel Gierach · Ray White Bulimba · 0412 523 821 · danielgierach.com
This estimate does not replace professional tax advice. Always consult a registered tax agent.
Thinking about selling?
Before you can model the tax, you need an accurate sale price.
If you're working through whether to sell an investment property, a current market appraisal is the one input that makes everything else in this calculator more useful. I cover the Brisbane inner east and can give you a realistic view of what your property is worth and when might be the right time to sell.