Hi @johnny1234
If you sell or dispose of your investment property, capital gains tax (CGT) still applies, unless you meet one of the CGT exemptions listed on our website.
For example, perhaps you acquired the property before CGT started on 20 September 1985. Another common one is the main residence exemption. While you mentioned it was an investment property, it may still apply depending on your circumstances.
CGT requirements aren't altered by retirement, but you could use our CGT property exemption tool to see if another factor entitles you to any exemption.
All replies
Hi @johnny1234
If you sell or dispose of your investment property, capital gains tax (CGT) still applies, unless you meet one of the CGT exemptions listed on our website.
For example, perhaps you acquired the property before CGT started on 20 September 1985. Another common one is the main residence exemption. While you mentioned it was an investment property, it may still apply depending on your circumstances.
CGT requirements aren't altered by retirement, but you could use our CGT property exemption tool to see if another factor entitles you to any exemption.
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