Types of assets that can be acquired by a Self Managed Superannuation Fund from an unrelated party

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.

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Property investment should be long term

If you were planning to make some money from real estate this year, you should be setting your sights much longer than 10 or 12 months.

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Property Market Predictions 2014

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.

The latest hotspotting report on Australia’s top ten suburbs to buy in for future capital growth, has revealed it is the outer suburbs or regional areas where the money is to be made.

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RP Data-Rismark January Hedonic Home Value Index Results

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.

Highlights over the three months to January 2014:

  • Best performing capital city: Hobart, 5.8 per cent
  • Weakest performing capital city: Darwin, 0.8 per cent
  • Highest rental yields: Darwin houses with      gross rental yield of 6.2 per cent and Darwin units at 6.0 per cent
  • Lowest rental yields: Melbourne houses with      gross rental yield of 3.3 per cent and Melbourne units at 4.2 per      cent
  • Most expensive city: Sydney with a median      dwelling price of $660,000
  • Most affordable city: Hobart with a median dwelling price of $340,000

Full report is here: rpdata-rismark home value report

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