Using Super To Buy A Property

Using Super To Buy A Property. Using Your Super to Buy an Investment Property A SMSF is a private superannuation fund that you manage yourself. If you have a self-managed super fund (SMSF), you can use it to buy an investment property only — not a home to live in

Using super to buy investment property ART
Using super to buy investment property ART from www.australianretirementtrust.com.au

You may also like our blog on Costs involved with Buying a House in Perth Setting up an SMSF is the key step for buying property with super

Using super to buy investment property ART

In general terms, Australians can access their super once they retire and reach their 'preservation age' (between 55 and 60 years old depending on your date of birth) This option is a lot more complex, and there are some significant ins and outs to consider Regardless of retirement, individuals are given full access to their superannuation when they turn 65.

How Can I Use Super to Buy A House? Using Superannaution for a Home. The growth of your investment is now based on the larger value of the property. Leveraging Your Super: One of the biggest advantages of using super to buy property is leverage

A Beginner's Guide to Using Super to Buy Investment Property. Instead of only growing your super based on that amount, you can use it as a deposit to buy a property worth, say, $600,000 Before deciding, consider the tax implications of using your super to buy a house