Bought an investment property before 12 May 2026?

Why a 1 July 2027 property valuation may matter when you eventually sell.

The 2026 Federal Budget introduced major property tax changes that are now law. If you owned a residential investment property before 12 May 2026, the existing negative gearing treatment for that property is protected. But from 1 July 2027, the way capital gains are taxed changes.

For properties held across 1 July 2027, gains arising before and after that date are treated differently. That makes your property’s value at 1 July 2027 an important number when you eventually sell.

Three simple questions can help you decide what to do next.

1. Do I need a valuation?

Ideally, yes. If you bought your investment property before 12 May 2026 and still own it at 1 July 2027, having a valuation at that date may be important when you eventually sell.

2. Why do I need one?

Because it gives you the ability to compare two methods when your future capital gain is calculated:

Depending on your property’s purchase price, growth, costs and holding period, the difference between the two methods could be significant.

Without a valuation, you cannot compare both methods. That could potentially mean more tax when you eventually sell.

3. Why get one now?

You can choose between a desktop valuation and an in-person valuation.

For an in-person valuation, the valuer needs to inspect the property around the valuation date. Leave it too late and you may need to rely on a retrospective desktop valuation instead.

Organising it early also helps you avoid the last-minute rush and higher valuation costs as 1 July 2027 approaches.

How it works

General information only. This article does not constitute tax, legal or financial advice. Your circumstances may differ, so seek professional advice before making a decision.