Property has place in SMSF portfolio
Australians worried they are not going to have enough to live off during retirement are ...
Australians worried they are not going to have enough to live off during retirement are taking hold of their super contributions and investing in property.
According to the Australian Taxation Office (ATO), the number of self-managed super funds (SMSF) has increased 13 per cent from June 2010 to March 2012.
At last count, there where 468,133 such funds, also known as DIY super, with some 895,387 members. It is becoming the fastest growing market in the super industry.
For some, real estate is part of their portfolio. Property is a good match for a proportion of your super because it a long term investment, produces an income and in Australia over the long run it has mostly always had attractive returns.