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Homebuyer’s first step makes big impact for crisis support charity

The four-bedroom house at 62-64 Reflections Crescent, Lara, sold to first-home buyers for $675,000.

A homebuyer’s first step onto the property ladder in Lara is set to help a Geelong charity provide crisis accommodation for the next four years.

Samaritan House Geelong received the financial boost after the $675,000 sale of the four-bedroom house in Reflections Crescent, Lara.

Bisinella Developments donated the 518sq m Lara Lakes Estate lot to Samaritan House Geelong, facilitating the Hamlan Homes construction, with styling by Moda Interior Styling. Landscaping was arranged and funded by Bisinella as a further donation to the project.

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Coulter Legal, a longstanding supporter of Samaritan House Geelong, provided the conveyancing for both the land donation and the property sale.

The property was purchased in May by first-home buyers from Altona Meadows for $675,000 and the property was expected to be settled in late June.

The four-bedroom residence has two bathrooms and an open-plan living, dining the kitchen area that opens to the back yard.

The galley kitchen has stainless steel appliances and stone benches.

The bright living zone opens to a covered area and the backyard.

The proceeds from the sale will support the Samaritan House Geelong’s work providing crisis accommodation and essential services to men experiencing homelessness in the region.

Samaritan House Geelong Director Wally Pelaccia said Bisinella’s contribution was “deeply impactful”.

“The success of this project is a reflection of the power of community partnerships,” he said.

“Bisinella’s donation will underpin our operations for the next four years, giving us stability and allowing us to plan ahead.”

Bisinella Developments director Richard Bisinella said it’s an important cause.

“Homelessness is a critical issue across Australia that Bisinella Developments and our partners are committed to solving at a local level,” he said.

The main bedroom has a built-in wardrobe and ensuite.

The four-bedroom house at 62-64 Reflections Crescent, Lara, sold to first-home buyers for $675,000.

house for homelessness

Samaritan House Geelong fundraising director Wally Pelaccia, left, with Bisinella Developments Lino Bisinella and the land he donated raise funds to help fight homelessness. Picture: Alison Wynd

“Supporting organisations like Samaritan House is one way we can help make a real difference to people’s lives.

“We are grateful to have been a part of this fantastic initiative and look forward to welcoming the new homeowners into our Lara Lakes Estate.”

Mr Pelaccia said Samaritan House Geelong, which was established in 2012, offers much more than shelter.

“It’s a space to reconnect, to build friendships and to believe in a better tomorrow,” he said.

“Guests often form bonds that lead to shared work opportunities and long-term housing, helping to break the cycle of homelessness.

“Support of Samaritan House Geelong enables those men who have fallen on hard times a chance to breathe and re-evaluate their lives.”

Inspired by the success of this initiative, Samaritan House Geelong has placed the idea of a second home build on its agenda, although no immediate plans are in place.

The post Homebuyer’s first step makes big impact for crisis support charity appeared first on realestate.com.au.

June 23, 2025/0 Comments/by JKents
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Homeowner has 6m driveway elephant confiscated by council

A cherished 6m high elephant slide, affectionately known as Ellie, has been seized from a homeowner’s driveway following complaints from neighbours.

Trevor Robinson, 71, is determined to reclaim the vibrant fibreglass slide “monstrosity”, which he acquired from a UK leisure centre in Gillingham, Kent, after spotting it destined for removal.

Mr Robinson is adamant that the complaints stem from jealousy and a distaste for the Union Jack painted on Ellie and despite his intentions to allow children and parents to use the slide for charity, Medway Council deemed it an “unsafe structure” and ordered its removal.

“There are a few neighbours who don’t like me, but all their kids were waiting to have a go on it,” he told The Sun.

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Supplied Real Estate Source: The Sun UK

Trevor Robinson outside his home. Source: The Sun UK

The slide, a nostalgic relic from Trevor’s childhood, has left a void in his life.

He is now willing to go to great lengths, even offering one of his Jaguar cars, to see Ellie returned.

Medway Council, however, remains firm in its decision, citing safety concerns as the primary reason for its confiscation.

“I think it is diabolic. All the kids loved it. If they haven’t broken it up then I will pay to get it back,” he told The Sun.

“I miss it, it has been a part of my life for so long.

“Everyone is really upset that it is gone. I want to get it back, I don’t care what it costs. I will pay any money – I just want her back.”

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Supplied Real Estate Source: The Sun UK

The size of the slide has angered many of his neighbours. Source: The Sun UK

A Medway Council spokesperson said an annual health and safety audit deemed the slide, which is now 30 years old, unsafe, leading to its removal.

The post Homeowner has 6m driveway elephant confiscated by council appeared first on realestate.com.au.

June 23, 2025/0 Comments/by JKents
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Lizard love: Homeowner’s bold move saves backyard buddy

A New South Wales homeowner has taken drastic measures to protect a blue-tongue lizard living under her patio, after selling her property to a developer.

The woman, who has lived on the family property in NSW’s Sutherland Shire for the past 10 years, became friends with the reptile who moved in under her backyard patio, and occasionally emerged to bask in the sun.

However, after selling the lot to a developer, she began to fret about the welfare of her mate and called local snake wrangler Tyler Gibbons to relocate the reptile earlier this month. Despite several attempts, the elusive creature remained hidden.

The homeowner’s anxiety peaked when the settlement date was unexpectedly advanced, leaving her with little time to act.

In a bold move, she spray-painted a message on her garage, alerting incoming construction workers to the lizard’s presence, complete with an arrow indicating its likely location and Gibbons’ contact number who has shared the heartwarming story on his facebook page.

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A woman spray painted a desperate message to tradies on her garage before her home was demolished. Source: Shire Snake Wranglers

MP114965 TSS 19Apr - Blue Tongue Lizzard.

Blue tongue lizard are commonly seen in the area.

“A few weeks ago, we got a call from a lovely lady who was preparing to hand over her family home to a developer for a duplex build. She had lived there for years and had grown quite fond of a blue tongue lizard that regularly visited her backyard,” the facebook post read.

“With demolition day fast approaching and the lizard still unaccounted for, she asked us to come out and help relocate it. We searched high and low – under the slab, in garden beds, and around the entire yard – but couldn’t find it.

“When it came time to hand over the keys, she made sure the new owners didn’t miss the message… and gave them some very clear instructions.

“We visited the site again this week and had a chat with the crew. They told us they took extra care removing the slab, just in case the lizard was still hiding underneath. Thankfully, it looks like it had already moved on—possibly spooked off by the vibrations of the excavator.

A great outcome for a caring local who just wanted to make sure her backyard friend stayed safe.”

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Shire Snake Wranglers regularly share stories of their work on social media.

The post has amassed over 1300 likes and doesn’t of comments from followers applauding both the owner and the tradies’ kind act.

“We need more people like this, what a lovely lady,” one follower wrote.

Another wrote: “Thank you to this beautiful soul for caring to go to this extent to ensure the little one was safe. And thank you for coming out to see the crew,” while a third replied: “I love this that she tried to make sure nothing happened to the lizard they are such beautiful creatures.”

The post Lizard love: Homeowner’s bold move saves backyard buddy appeared first on realestate.com.au.

June 23, 2025/0 Comments/by JKents
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How Afterpay and Zip are killing home loans

Buyers are being quietly blocked from getting home loans — not for bad credit, but for habits like Afterpay use, brunch spending, and too many online orders.

Thousands of Aussies are being quietly shut-out of the housing market not for bad credit, but because of Afterpay, brunch, and one too many online shopping sprees.

Finance, real estate experts, and buyers’ advocates have sounded the alarm on a hidden world of “silent black-listing”, where hopeful homebuyers are knocked back by banks with no explanation, despite strong incomes and even formal pre-approvals.

And you might already be on the list.

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Ray White AKG principal Avi Khan said he’s seen an alarming rise in finance knock-backs over issues buyers never saw coming.

“It’s particularly affecting people using buy-now-pay-later services like Afterpay and Zip,” Mr Khan said.

“Any mispayment — even one missed $40 repayment — is enough to raise red flags with the banks.

“Most borrowers have no idea they’re being monitored at that level.”

BUY NOW PAY LATER

Buy now pay later services like Afterpay, Klarna and Zip Pay are quietly killing loan applications — even for buyers with strong incomes and clean credit scores. Picture: NCA NewsWire / Dylan Coker

While many buyers assume their credit score is all that matters, Mr Khan said banks are digging deeper, and judging harshly.

“People think if they pass the online mortgage calculator, they’re good to go,” he said.

“But banks apply a strict stress test those calculators don’t factor in.

“So they enter the market with false confidence, and when finance is declined, they’re devastated.”

Ray White AKG principal Avi Khan says banks are increasingly rejecting buyers based on “silent” internal flags, often without giving any clear reason.

Melbourne buyers’ advocate and expert in buyer psychology Cate Bakos said she’s heard of buyers penalised over spending that feels minor, but looks messy on paper.

“Those services can have a significant impact,” Ms Bakos said.

“And it’s not just buy-now-pay-later platforms. If a lender sees cash being pulled out at a casino, that’s not a good look.

“Even your subscriptions and payment services show up in your statements — and that can absolutely affect how the banks view you.”

QLD_SM_REALESTATE_CRESTMEADAUCTION_28OCT23

Even at booming auctions, some buyers never get to bid, knocked out of the running by behind-the-scenes bank red flags. Photo: David Clark

Ms Bakos said lenders are trained to spot risk, even if the borrower doesn’t see it.

“You’ve got to think like an assessor. What do your statements say about you? That’s what the bank is judging,” she said.

Cohen Handler Victoria managing director Nicole Jacobs said even buyers with solid savings can be left reeling when banks reassess borrowing limits without warning.

“It can be absolutely devastating,” Ms Jacobs said.

“If you’ve been looking at properties in a certain price bracket, and then you’re suddenly told your spending habits or credit conduct have precluded you from buying in that range, it feels like the rug has been pulled out from under you.”

Cohen Handler Victoria managing director Nicole Jacobs Buyers’ warns hidden spending patterns, like cash withdrawals or lifestyle splurges, can quietly ruin loan approval chances.

Ms Jacobs warned that lifestyle spending — even brunches or Afterpay splurges — can quietly erode borrowing power.

“Understand that borrowing isn’t about how much you’ve saved — it’s about what you can repay,” she said.

“Even with a great job, the background spending can hurt you.

“Being in a position to buy a home is far more valuable than another handbag or a few nice extras.”

Finch Financial chief executive and mortgage expert Julian Finch said while there’s no official blacklist, it doesn’t mean you’re not being flagged.

“If you’ve defaulted, had a loan declined, or behaved in a way that raises red flags, that information doesn’t disappear,” Mr Finch said.

“It sits in the bank’s internal systems and can stop you getting a loan — not just with them, but potentially with other lenders too.”

Finch Financial chief executive and mortgage expert Julian Finch says defaults, dishonours, and even certain occupations can land Aussies on secret internal ‘no-lend’ lists.

Mr Finch said defaults, dishonoured payments, overdrawn accounts and too many applications in a short time can all quietly trigger a silent no, especially when banks are assessing repayment risk.

“Banks monitor conduct,” he said.

“Even if your credit score is intact, poor account behaviour can sabotage your application from inside the bank’s risk systems.”

The Finch Financial Finder said certain occupations — especially those with casual or unstable income — can also prompt concern, regardless of salary.

Mr Finch urged buyers to get a proper credit-assessed pre-approval before shopping — and to avoid applying to multiple lenders in desperation.

“Work with a finance expert who understands how banks think,” he said.

“We can match you with lenders who are suited to your situation and help avoid unnecessary hits to your credit file.”

“I can’t say too much just yet, but there’s certainly more activity to come.”


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

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The post How Afterpay and Zip are killing home loans appeared first on realestate.com.au.

June 23, 2025/0 Comments/by JKents
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How rentvesting helped this couple build real wealth

REALESTATE SUPER VS HOUSE CASESTUDY 21JUN25

Melbourne rentvestors Rob Bright and Siobhan Freeman live in Hampton but bought in Ripley, QLD — where prices have more than doubled in a decade. Picture: David Caird

Smart buyers aren’t choosing between super and property, and this Melbourne couple proves the most successful investors aren’t picking between super and property, they’re doing both.

And Rob Bright and Siobhan Freeman are living proof.

The Melbourne couple, who rent in Hampton but own in booming Ripley, Queensland, say they’ve already seen the pay-off of thinking differently, and they’re not done yet.

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“We live in Hampton and own in Ripley in South East Queensland,” they said.

“We bought in Ripley as a rentvestment in March 2021 and have lived in Hampton the whole time.”

According to PropTrack data, Ripley house prices have jumped from $320,000 to $749,900 over the past decade, an average annual increase of 8.9 per cent, beating the 5.7 per cent average return delivered by Australia’s top-performing super funds in the same period, according to SuperRatings.

REALESTATE SUPER VS HOUSE CASESTUDY 21JUN25

Their $320k Ripley home is now worth $749,900, proving some investors can beat super returns with the right growth corridor strategy. Picture: David Caird

And with Melbourne’s market rebounding, the couple said they could now be eyeing suburbs like Cobblebank, 11 per cent, Weir Views, 10.9 per cent, Aintree, 10.4 per cent, and Mickleham 9.9 per cent for their next investment.

“We definitely feel the market has changed and we are eager to get back in,” they said.

REALESTATE SUPER VS HOUSE CASESTUDY 21JUN25

“We love where we live, and we’re building equity somewhere else,” the couple said, as they could eye booming suburbs like Cobblebank and Mickleham with Melbourne’s market resurgence. Picture: David Caird

For the couple, the strategy has always been about flexibility and smart planning, not chasing the status quo.

“Rentvesting was always part of our plan. It works for us.”

OpenCorp chief executive Cam McLellan said the most successful investors weren’t choosing between superannuation and property they were combining both.

REALESTATE SUPER VS HOUSE CASESTUDY 21JUN25

Rob Bright and Siobhan Freeman say rentvesting gave them flexibility and financial growth, without compromising on lifestyle in sought-after Hampton. Picture: David Caird

“You don’t have to choose super or property. Smart investors are doing both,” Mr McLellan said.

“That’s how you future-proof, multiple levers working together.”

Mr McLellan added that many buyers underestimated the leverage and tax benefits of owning strategically, especially in growth corridors.

For Rob and Siobhan, the focus is on what works, not what looks good on paper.

OpenCorp chief executive Cam McLellan says savvy buyers aren’t choosing between superannuation and property, they’re using both to build long-term wealth.

“We’ve just found that rentvesting gives us the best of both worlds,” they said.

“We love where we live, and we’re building equity somewhere with strong returns.”


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Bombers star finalises new $2m+ deal

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david.bonaddio@news.com.au

The post How rentvesting helped this couple build real wealth appeared first on realestate.com.au.

June 22, 2025/0 Comments/by JKents
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To move or not to move? A better way to handle the waiting game

Are your clients “waiting for the market to recover”? They’re often talking about fear and uncertainty, coach Darryl Davis writes. Ask these questions to shift from uncertainty to clarity.

June 22, 2025/0 Comments/by JKents
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Take the Inman Intel Index survey for June

Each month, hundreds of real estate agents, brokers, executives and investors report on what they’re seeing in their corner of the industry. Add your insights. Take the survey.

June 22, 2025/0 Comments/by JKents
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House or super – which has performed better in SA, and where?

Home value growth has outpaced that of the average superannuation fund over the past 10 years, new data shows.

According to Finder.com.au analysis of 564 super investment options across 191 super fund providers, the average national 10-year performance is 5.7 per cent per year.

Comparing this with the average annual home value growth of the 579 SA suburbs and towns PropTrack has statistically reliable house or unit data – 488 outperformed the average superannuation fund, with the two leaders being Elizabeth North and Unley Park houses.

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Both of these have increased by 12.4 per cent over the past 10 years, significantly outperforming even the top performing growth fund.

Growth funds returned as much as 8.79 per cent per year over the decade, balanced funds delivered returns of up to 7.84 per cent while conservative funds returned as much as 5.98 per cent per annum.

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Adelaide’s northern suburbs dominated the list of suburbs outperforming super returns, with Elizabeth South, Elizabeth Downs, Davoren Park, Elizabeth Grove and Smithfield Plains homes growing by 11.9, 11.8, 11.6, 11.5 and 11.4 per cent respectively.

Edge Realty principal Mike Lao, who sells in the northern suburbs, said properties in the area had performed spectacularly over the past five years after a flat first half of the decade.

As good an investment as property is, Mr Lao said, it works best as part of an diversified portfolio.

Mike Lao, Director/Sales, Edge Realty.

“Property’s had a really good run over the past five years but that may or may not continue, so if you can spread your money out over property and shares, then they can balance out for times when property’s not doing as well.

“Bricks and mortar is a safe haven, and that’s reflected in the bank’s risk capital.

“If you’re borrowing to buy a property, you know, they’ll lend you 80, 90, 95, 100 per cent sometimes.

“If your borrowing to buy shares, they’re going to lend you 50 per cent.”

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Retiree Deidre Oliver, 67, is currently selling her 27 Yarnbury Rd, Elizabeth North property through Mr Lao and is thrilled to hear about the capital growth in her suburb.

“I took a redundancy from the federal public service so this is my super fund, I’m sitting in it – I saw that as a more tangible investment,” she said.

Where home values have outperformed super

Deidre Oliver is selling her Elizabeth North home, where home values growth has outpaced that of super. Picture: Kelly Barnes

“This is my only buffer and my only income apart from age pension, and it gives me an opportunity to enjoy the rest of my life and it offers me some security.

“The growth we’ve seen here in that period has been an absolute saving grace.”

Finder money expert Richard Whitten said proactive engagement was critical in ensuring Australians had enough super at retirement, and urged people to have just the one fund.

“The younger you are the better your chances of building a big nest egg,” he said.

Finder’s money expert Richard Whitten

“But it’s never too late to start putting a bit more money into your super.

“Consolidating your super means you pay less in fees, leaving more money in your account to build your wealth.”

Super outperformed home value growth in 82 suburbs with the greatest difference being for Roxby Downs houses where values have dropped 4 per cent annually over the past 10 years.

– with Aidan Devine

The post House or super – which has performed better in SA, and where? appeared first on realestate.com.au.

June 22, 2025/0 Comments/by JKents
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Where superannuation is outperforming Aus house price growth

Aussie homeowners are sitting on a goldmines, making more money from their properties than their superannuation funds, new research shows.

Finder analysis of SuperRatings data revealed the country’s super fund performances with a few surprises on the list.

It comes as Finder research showed 23 per cent of Aussies – equivalent to 4.6 million people – admit they don’t have enough money in their super fund or other investments to get by in retirement.

The average 10-year performance across all super funds is 5.7 per cent a year, according to the data, which measures 113 publicly released super fund products.

On a state level, Hobart was the top performer at 6.9 per cent – 1.2 per high higher than the national average, followed by Adelaide (6.7 per cent), Brisbane (5.9 per cent), Canberra (4.9 per cent), Sydney (4.5 per cent), Melbourne (3.8 per cent), and Perth (3.2 per cent).

However, the federal government’s First Home Super Saver Scheme (FHSSS) could help boost savings and help first-home buyers get their foot on the property latter sooner – yet many are still aware of the scheme and how it could benefit them.

If eligible, buyers can withdraw up to $50,000 of voluntary super contributions plus associated earnings to put towards a home deposit

Here’s a closer look at some of Australia’s key states and how Super returns compares to property prices.

VICTORIA

A growing number of young Melbourne homebuyers are using a little-known super hack to beat the city’s property market – but hundreds of thousands are still missing out.

Finder analysis of SuperRatings data revealed 190 Melbourne suburbs where house prices failed to keep pace with the 5.7 per cent average annual return delivered by super funds over the past decade.

These include affordable homes in Docklands, Carlton, Parkville, St Kilda West and Cranbourne South.

Other suburbs were houses outperform superannuation include Cobblebank, Aintree, Mickleham, Fraser Rise, Bonnie Brook and Wollert.

And for the 16,500 young Victorians who have used the First Home Super Saver Scheme (FHSSS) to boost their savings and cut the tax hit on their interest gains, the stronger growth has helped them keep up with or exceed property price rises.

Despite the state’s market entrants accounting for almost 45 per cent of the 27,000 Australians who withdrew a combined $370m in voluntary contributions to help buy their home, according to latest Australian Taxation Office figures, experts have warned it is still underused.

Australian Bureau of Statistics figures show that across the 2018-2024 financial years covered by the scheme, there were more than 231,000 new loans to first-home buyers in the state — meaning almost 93 per cent missed out.

Read the full story here.

Supplied Real Estate super artwork

10 year annual compound growth rate in median sales price (12 months). Source: Finder

QUEENSLAND

According to Finder, homeowners in 166 suburbs across Brisbane recorded bigger annual returns on their homes than the country’s average super fund return, although the data does not take into account the ongoing costs of home ownership.

When comparing property returns, house values in Chandler, in the city’s east, had the highest 10 year annual compound growth rate in median sale price at 11.8 per cent, following by Roberston (10.9 per cent) and Anstead (10.6 per cent).

Around the state, Beechmere, in Moreton Bay, recorded more than double at 19.2 per cent.

On the Sunshine Coast, Shelly Beach reined supreme with 13.4 per cent, while on the Gold Coast Surfers Paradise was king with 12.9 per cent.

The highest super fund return in Australia hit 8.79 per cent.

Read the full story here.

SOUTH AUSTRALIA

According to Finder.com.au analysis, 488 suburbs and towns outperformed the average superannuation fund.

Adelaide’s northern suburbs dominated the list of suburbs outperforming super returns, with the two leaders being Elizabeth North and Unley Park houses.

Both of these have increased by 12.4 per cent over the past 10 years, significantly outperforming even the top performing growth fund.

Growth funds returned as much as 8.79 per cent per year over the decade, balanced funds delivered returns of up to 7.84 per cent while conservative funds returned as much as 5.98 per cent per annum.

Other star performers include Elizabeth South, Elizabeth Downs, Davoren Park, Elizabeth Grove, Smithfield Plains and Roxby Downs in regional SA.

Read the full story here.

Supplied Real Estate super artwork

Finder analysis of Super Ratings Data on the top 10 ‘Growth’ super funds with the highest 10-year performance returns, as of March 2025 compared to the 10 year annual compound growth rate in median sales price (12 months).

NEW SOUTH WALES

NSW homeowners in over 200 suburbs could be building retirement wealth faster than their super fund, new research reveals.

Australian Retirement Trust’s super savings high growth fund had the highest returns, with a 8.79 per cent annual 10 year return, yet there were over 200 suburbs in NSW that out performed that.

Houses in Millfield, Lockhart, Brunswick Heads and Clareville were among the top performers, growing by an average of 11-16 per cent annually over the past 10 years.

The average 10-year performance across all super funds is 5.7 per cent a year, according to Finder, while Sydney’s 10 year annual compound property growth rate was 6.4 per cent.

Read the full story here.

The post Where superannuation is outperforming Aus house price growth appeared first on realestate.com.au.

June 22, 2025/0 Comments/by JKents
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Superannuation vs. property returns: What’s the winner?

D BNE Story Ferry CBD Runrise

Brisbane homeowners make more money for their properties than their superannuation funds.

Brisbane homeowners are sitting on goldmines, making more money from their properties than their superannuation funds, according to new research.

Exclusive data provided by Finder revealed the country’s super fund performances compared to property growth around the Sunshine State.

It comes as Finder research showed 23 per cent of Aussies – equivalent to 4.6 million people – admit they don’t have enough money in their super fund or other investments to get by in retirement.

Ausralia Map And Folded Notes

23 per cent of Aussies don’t have enough money in their super funds or other investments to get by in retirement.

97 Warriewood Street, Chandler sold for $3.4m.

The average 10-year performance across all super funds is 5.7 per cent a year, according to Finder analysis of Super Ratings data, which measures 113 publicly released super fund products.

That’s 0.2 per cent less than Brisbane’s 5.9 per cent 10 year annual compound property growth rate, the third biggest return in the country under Hobart (6.9 per cent) and Adelaide (6.7 per cent).

It shows homeowners in 166 suburbs across Brisbane recorded bigger annual returns on their homes than the country’s average super fund return, although the data does not take into account the ongoing costs of home ownership.

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golden easter egg

The average 10-year performance across all super funds is 5.7 per cent a year.

758 London Road, Chandler, is on the market at offers over $3.15m.

When comparing property returns, house values in Chandler, in the city’s east, had the highest 10 year annual compound growth rate in median sale price at 11.8 per cent, following by Roberston (10.9 per cent) and Anstead (10.6 per cent).

Around the state, Beechmere, in Moreton Bay, recorded more than double at 19.2 per cent.

On the Sunshine Coast, Shelly Beach reined supreme with 13.4 per cent, while on the Gold Coast Surfers Paradise was king with 12.9 per cent.

The highest super fund return in Australia hit 8.79% per cent.

56 Coronation Ave, Beachmere goes to auction on July 6.

1/15 Acacia Ave, Shelly Beach is on the market at $1.8m plus.

Brisbane-based Mortgage Choice broker Caroline Jean-Baptiste said choosing what to invest into came down to strategy.

“When it comes down to what’s better, it totally depends on strategy,” Ms Jean-Baptiste said.

“Most people have a reasonably balanced view of property and super and tend to diversify over favouring one or the other.

“We’re seeing self employed people buying commercial property in their super and that’s generally on the back of advice from other professionals, their accountant or financial planner.

“We’re also seeing a lot of people use self managed super funds for commercial properties and investment properties.”

Finder’s Richard Whitten

The recent Labor government tax changes, which apply an additional 15 per cent tax on earnings for super balances exceeding $3 million, are designed to affect an estimated 80,000 Australians (0.5% of super account holders).

“The $3 million cap is not indexed to inflation, meaning that over time, as balances naturally grow, more individuals may find themselves impacted,” said Richard Whitten, money expert at Finder.

“While it’s unlikely to become ‘common’ for the average Australian to reach this threshold quickly, particularly younger people with decades of super growth ahead might eventually be affected.

“But it’s a nice problem to have.”

Three piggy banks under magnifying glass on question marks background.

Three piggy banks under magnifying glass on question marks background. Saving money concept; superannuation saving generic

According to the ATO, as of the 2021 financial year, the average super fund balance for women between the ages of 65-69 was $403,038, and $453,075 for men.

These figures indicate many Aussies are set to retire with substantially less than ASFA’s comfortable retirement standard of $595,000.

“Retirement often arrives sooner than you think, and the more attention you give your superannuation now, the better off you’ll be,” Mr Whitten said.

– With Aidan Devine

The post Superannuation vs. property returns: What’s the winner? appeared first on realestate.com.au.

June 22, 2025/0 Comments/by JKents
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