Buying a Melbourne Property with Your Self-Managed Super Fund

Buying a Melbourne Property with Your Self-Managed Super Fund investment strategy of Australians is to purchase property within their Self Managed Superannuation Fund (SMSF). Purchasing an asset like residential property within an SMSF has the potential to be much more tax effective than investing in your own name.

It also gives you the opportunity to invest into a wide variety of assets that would not be available to you if investing in your own name (e.g. property, shares, gold, wine, antiques). Generally speaking, it’s best to speak with your Financial Adviser before deciding whether an SMSF investment strategy is right for you.

Investing in Your Future: A Guide to Purchasing Melbourne Property with Your Self-Managed Super Fund

With its first-rate healthcare services, premium education facilities, stable economy, investment in infrastructure and thriving creative culture it’s no surprise that Melbourne continues to attract home buyers and investors alike. This has resulted in the city being ranked as one of the world’s most liveable cities for more than 20 years.

Currently, the Melbourne market has shifted back to favour buyers as house prices snap their recent run of gains and supply improves. Despite this, buyers are still finding it difficult to secure properties in the sought-after suburbs of Melbourne, especially if they’re after renovate or new homes and are competing with other interested parties.

However, as the market settles, it may be a good time for informed buyers to consider buying in Melbourne’s outer suburbs where the city’s population is growing and gentrification is underway. These areas may provide higher capital growth opportunities in the medium term and yields are improving for investors.