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HOW 22-YEAR-OLD SOPHIE GOT HER PIECE OF THE PROPERTY PIE


The path to traditional home ownership is changing in Australia. Image: Domain



It’s no secret, getting your hands on the cash required to get into the property market is no small feat! But what if you could put the money the government makes you save, into actual property? Superestate includes residential real estate as part of the overall super investment mix (which also includes all the usual investments you would expect to see: Australian and International shares, fixed income, infrastructure and cash).


person writing dollar sign on sketch bookWe chatted to Sophie, a 22-year-old Superestate member from Sydney. When asked what first attracted her to Superestate, Sophie said the decision followed the realisation that buying her own home might be harder than she’d thought (and take her a lot longer than she had planned!).“I did the math and it was suddenly so obvious I’d be renting for a long time.” This is a revelation shared by many 20-something Australians, particularly those in metro areas.

“I grew up assuming being an adult meant getting a job, buying a house and getting married just like my parents did.” Renting and shared living are the norm as it becomes increasingly difficult for young Aussies to buy their own homes. Sophie shares her rented apartment with her brother and hadn’t given much thought to her super.


“Superannuation wasn’t really something I thought about until I switched jobs and couldn’t remember who my super was with.  Superestate was the only super fund I found that invested in actual houses, something I’d eventually like to do myself.”


Initially Sophie was worried that the sign up and rollover process would involve a lot of time and paperwork.
“I was really surprised when all I needed was my tax file number. It turned out I had 3 funds out there getting eaten up by fees that I rolled all in to one.  It’s nice to know it’s all sorted, the whole process only took me like 3 minutes on my phone.”
Sophie had the opportunity to walk through Superestate’s Stanmore investment property when it was bought earlier this year. “It was so cool to be able to stand in a house that I own a little bit of. And I won’t lie, I did like feeling like a landlord – I also really like that the rent being paid goes to my super.”



And it’s true, each member of Superestate has a stake in every Superestate property, with their super balances growing from rental income as and property values.


“Before finding Superestate I had no idea where my super was or what it was invested in. Now I can literally drive past [where some of my super is invested] whenever I like – I can’t wait to see more houses when they’re bought.”


All working Australians have super and almost everyone has the choice of which fund to be a part of.  If you’d like to get in on the property action, click here to get started.







Before rolling your super into Superestate, you should check with your other funds to see if you will lose any insurance entitlements and if any exit fees apply.

HOW 22-YEAR-OLD SOPHIE GOT HER PIECE OF THE PROPERTY PIE


The path to traditional home ownership is changing in Australia. Image: Domain


It’s no secret, getting your hands on the cash required to get into the property market is no small feat! But what if you could put the money the government makes you save, into actual property? Superestate includes residential real estate as part of the overall super investment mix (which also includes all the usual investments you would expect to see: Australian and International shares, fixed income, infrastructure and cash).

We chatted to Sophie, a 22-year-old Superestate member from Sydney. When asked what first attracted her to Superestate, Sophie said the decision followed the realisation that buying her own home might be harder than she’d thought (and take her a lot longer than she had planned!).

“I did the math and it was suddenly so obvious I’d be renting for a long time.” This is a revelation shared by many 20-something Australians, particularly those in metro areas.

“I grew up assuming being an adult meant getting a job, buying a house and getting married just like my parents did.” Renting and shared living are the norm as it becomes increasingly difficult for young Aussies to buy their own homes. Sophie shares her rented apartment with her brother and hadn’t given much thought to her super.

“Superannuation wasn’t really something I thought about until I switched jobs and couldn’t remember who my super was with.  Superestate was the only super fund I found that invested in actual houses, something I’d eventually like to do myself.”

Initially Sophie was worried that the sign up and rollover process would involve a lot of time and paperwork.

“I was really surprised when all I needed was my tax file number. It turned out I had 3 funds out there getting eaten up by fees that I rolled all in to one.  It’s nice to know it’s all sorted, the whole process only took me like 3 minutes on my phone.”

Sophie had the opportunity to walk through Superestate’s Stanmore investment property when it was bought earlier this year. “It was so cool to be able to stand in a house that I own a little bit of. And I won’t lie, I did like feeling like a landlord – I also really like that the rent being paid goes to my super.”

And it’s true, each member of Superestate has a stake in every Superestate property, with their super balances growing from rental income as and property values.

“Before finding Superestate I had no idea where my super was or what it was invested in. Now I can literally drive past [where some of my super is invested] whenever I like – I can’t wait to see more houses when they’re bought.”

All working Australians have super and almost everyone has the choice of which fund to be a part of.  If you’d like to get in on the property action, click here to get started.


Before rolling your super into Superestate, you should check with your other funds to see if you will lose any insurance entitlements and if any exit fees apply.

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