Your Property Guide

Property glossary

What is Capital Gains Tax (CGT)?

A tax on the profit made from selling a capital asset (including investment properties). In Australia, CGT is part of income tax — the gain is added to your taxable income in the year of sale. Properties held for more than 12 months receive a 50% CGT discount. Your primary residence (principal place of residence) is generally exempt from CGT.

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Negative gearing in Australia

How it works, what you can deduct, and whether it fits your strategy.