How to use Your Super to Invest in Property

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Don't have enough money saved for a deposit? No problem, Self-Managed Super Funds (SMSF) are a simple way to buy property. There are numerous conditions associated with the purchase of property through a SMSF, so we recommend you research this option thoroughly and get professional advice before making any decisions.

Start with a Self Managed Super Fund

Did you know if is simple and easy to use your Australian Superannuation fund to invest in property?  Well you can and I'm going to tell you how. 

Firstly, you'll need the help of a professional Financial Planner to set up a Self Managed Super Fund (SMSF), rather than automatically allowing a large corportation to invest those funds for you.

A self-managed super fund (SMSF) is a private superannuation fund that you manage yourself or with the help of a professional financial planner (which we recommend). You can have up to six members in your SMSF, combining your super investing power to dramatically increase returns.

There are many costs involved with setting up and managing an SMSF, and you generally need a balance over $200,000 for SMSFs to be cost-effective compared to a standard super fund. This isn't a set rule, but it's a good guideline to consider.  In addition, you can combine your Super with a partner or family memeber inorder to reach the deposite percentrage (generally 20% of the purchase amount)  

Yes, you are able to buy an investment residential property or commercial property using SMSF, provided you comply with the rules outlined by the ATO.



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