Budget 2026: What it means for owner‑occupiers

At Living Gems, our resort communities are made up of exclusively owner-occupiers. Last night’s Federal Budget confirmed changes to Capital Gains Tax and negative gearing that apply to investment properties — owner‑occupied homes are unaffected, so Living Gems buyers (who make their home their primary residence) remain exempt. 

What this means for Living Gems buyers 

The great news is that Owner‑occupiers in Living Gems communities ordinarily remain covered by the main residence exemption and will not face CGT on sale because of these reforms. 

The negative gearing changes apply only to investment properties and do not affect homeowners who occupy their primary residence.  

Why land lease communities are an attractive option for over‑50s 

Land lease communities like Living Gems deliver many benefits for Australians aged over 50. With significant financial advantages and a model that supports confident downsizing, Living Gems buyers own their home as an asset without many of the financial burdens of traditional home ownership, and their rights are protected by the Queensland Government’s Manufactured Homes Act. When you buy into Living Gems, you enjoy: 

• Unlocked equity 

• No stamp duty or ongoing fees 

• No exit or deferred management fees 

• No council land rates 

• 100% capital gains 

• A wide range of premium facilities, including pools, lawn bowls, a private cinema, library and more 

Comparison: Land Lease vs Traditional Ownership 

If you have any questions, please feel free to contact our team at 1800 953 002. 

Disclaimer: All reasonable care has been taken in the preparation of the information provided. Living Gems does not guarantee or warrant the accuracy, reliability, completeness or currency of the information or its usefulness in achieving any purpose. The information is for illustrative purposes only, and indicative only.  The information does not consider or take into account a prospective buyer’s personal circumstances. The information does not constitute financial, legal, or investment advice. Prospective buyers must rely on their own enquiries and seek appropriate independent financial and legal advice before making any decisions related to land lease community living. Living Gems will not be liable for any loss, damage, cost or expense incurred or arising by reason of any person using or relying on the information.