Do I need a valuation or use a partial CGT method if I rent a property before living in it?

 Author: YellowPotato(Taxicorn)Taxicorn

13 May 2026

Best to ask a tax agent or ATO's technical advice

Can I use the partial CGT method to calculate tax liability if I sell it in the future?

• *Partial Main Residence Exemption
  • https://www.ato.gov.au/forms-and-instructions/guide-to-capital-gains-tax-2025/about-capital-gains-tax/real-estate-and-main-residence#ato-Partialexemptionformainresidence
• Likely can use, will largely depend on your tax residency at time of sale
  • https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/foreign-residents-and-capital-gains-tax/main-residence-exemption-for-foreign-residents

Or should I get a formal valuation done now?

• No, that's for when a main residence first produced income
• https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/property-and-capital-gains-tax/your-main-residence-home/using-your-home-for-rental-or-business#ato-Valueofhomewhenfirstusedtoproduceincome

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