The Superannuation Industry (Supervision) Act 1993 (SISA) does not provide a comprehensive list of assets an SMSF can invest in. Instead, it provides rules and restrictions on what an SMSF can and cannot do. So basically, an SMSF can purchase any type of asset for investment purposes as long as it does not contravene any of the superannuation rules.
WANT to pick the suburb where you have the best chance of making a profit?
Well get in your car and start driving because they are all outside the CBDs of our capital cities.
Dwelling values continued their upwards trend, with the RP Data–Rismark combined capital city index posting a 1.2% capital gain in January.
According to Australia’s most timely indicator of housing market conditions, the RP Data-Rismark Home Value Index, a 1.2 per cent rise in capital city dwelling values was recorded over the month of January with a 2.7 per cent rise for the three months to end of January.
Full report is here: rpdata-rismark home value report