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Thanks Y33 on your information. I think I should call the ATO in Melbourne to explain my scenario and ask for some guidelines. Or else go and visit an accountant, to minimise my tax requirements. I want to get it right so that I don't have to pay unncessary tax when selling my house...

Hi All :), Can anyone explain how long someone would have to stay at their Principal place of residence within the 6 years of ownership in order to be exempt from CGT when selling?? Or how long in total they have to occupy the property for? I've visited the ATO site and it's a bit vague...

Principal place of residence, exemption on CGT Hi Glebe, With regards to your comments above. Do you know how long someone would have to move back into their Principal place of residence within the 6 years in order to be exempt from CGT when selling?? Or how long in total they have to...