Managing an SMSF means you’re responsible for all compliance and administration, which can be a lot to keep up with unless you’re really into financial details. You’ll also need to pay for professional advice, audits, and possibly property management fees, which can eat into your returns.

On the other hand, if you’re confident in managing it (or have a good financial adviser) and the property is a solid investment, it could be worth it. Just make sure you’re not putting all your eggs in one basket—diversification is key for super investments.

Only superannuation funds I’ve had are ones through work. Never even considered anything more

Thanks for the advice we own our own business so the idea is to pool funds and be able to get an asset (house) we can use to earn income. In theory it seems great but I’m xoncerned about ongoing costs

Best to chat to a financial advisor. We’ve been thinking of doing this too

It depends how much super you have. Maybe look at the administration costs and go from there.

We have been thinking about it but there is so much admin