Buy Property in Your SMSF


Using Your Self Managed Superannuation Fund to Buy Property

Using Property to Secure Your Financial Future

There are many advantages to buying property in your Super, but here is something to think about -

In March 2010, Steven Long of late Line, ABC reported on SUPERNOMICS, in fact the report was titled:

“Supernomics report exposes serious failings in the super sector”

  • New research exposes the fact that millions of Australian's are paying for financial advice they are not receiving, and the more you pay, the worse the results.
  • Since 1996 more than 40 billion has been lost from Australian workers super accounts due to super accounts being silently milked by commissions and it’s estimated they will lose another $120 billion over the next 10 years.
  • Over the past 10 years many super funds have delivered about what you would get if you held your money in a standard bank account.

See the video further below for the full report.

At Inspired Finance we can point you in the right direction, allowing you to take control of your Superannuation, so you can stop the losses you pay in commissions, fees and poor performance year after year.

We understand the special financing needs of Self Managed Super Fund's, and have helped customers use their Superannuation money to buy an investment property, and provided you have enough Super and your Super is accessible we can help you start immediately.

What are you waiting for.....

Steven Long of late Line, ABC reports on SUPERNOMICS, March 2010.
Lateline talks to David Whiteley from the Industry Super Network about the failings in the superannuation system and how billions are being milked from the savings of working Australians.

Here are some advantages to buying property in your Super

  • Ability to leverage or gear property investments via superannuation. Leverage or Gearing is borrowing money to invest. By adding borrowed funds to your own funds, you increase the amount invested, so the returns, as a proportion of your original capital are magnified.
  • You have met the concessional and non-concessional contribution caps.
  • You may be able to bring forward the purchase of  an investment property, as you have cash available within your Super Fund.
  • At a certain point properties can be sold tax free.

At our free consultation, you will hear and see more.

NOTE: Everyone's financial circumstances are different, and the above is provided as general advice. We always do our best for our clients, so click on the get started button above to see if we can help you.