If you sold after 12 months, your capital gain is reduced by 50%, the remaining will be taxed according to your personal tax bracket. Australia is a tax progressive system. Tax rate is depending on individuals taxable income. look up tax table 2019 which will tell you roughly your personal tax rate. The threshold of first $18200 is tax free. Any taxable income above that will be taxed progressively. The max rate is 47% plus medicare levy and applicable medicare surcharge. Is this guidance helpful to you and people who have the same question.
