Wealth management
Insight
Despite the benefits of Self-Managed Super Funds (SMSFs), adoption is low.
The report The Evolution of SMSF Property Investing by Investorkit and Agile Market Intelligence gives us insight into this investment pathway. The purpose of this research is to educate and inform those who are looking to invest in residential property about the possibilities of doing so via an SMSF. This report reveals that only 35% of eligible Australians use an SMSF, meaning 65% could be missing out on significant opportunities.
Key barriers include:
- Lack of Knowledge: 38% of eligible Australians don’t know that they meet the requirements for an SMSF.
- Setup Complexity: 39% believe the process is too complicated.
- Access to Advice: 26% feel they lack support from specialised professionals.
In reality, SMSFs are accessible to households with a combined super balance of $200,000 or more. Professional advisors can simplify the setup process, ensuring compliance and maximising investment strategies.
Australians who use SMSFs report overwhelmingly positive experiences, with 95% saying they would do it again. By understanding SMSF benefits—such as control, tax advantages, and property investment opportunities—more Australians can unlock the potential of their superannuation.
Addressing education gaps and improving access to advice is critical. With proper guidance, Australians can confidently use SMSFs to secure their retirement and invest in high-performing property markets.
The Evolution of SMSF Property Investing was produced by conducting a survey and analysing the data. The survey was conducted between 19 August and 6 September 2024, with property investors and general consumers across Australia encouraged to complete the questionnaire. The survey received a total usable sample of 423 responses, therefore, the margin of error for the results enclosed ranges between +/-4.76%. This is an excellent level of accuracy for a study of this nature.
