Buying Property Through Your Super Fund

You could significantly increase the value of your superannuation by investing in property.

Experts in their fields, speakers Dr Tony Hayek (left) and Mr Vince Scully (right) will talk on self managed super funds, how they work and how you can increase your wealth for retirement.

At this exclusive Metro event you can:
Discover how you can fast-track the growth of your super
Learn how you can reduce your Capital Gains Tax to 0%
Understand the legal structures that are used within SMSF's
Learn how to finance SMSF transactions - what's legal and what's not

The Sydney event was fully booked with standing room only. There are limited seats available.
Don't miss your opportunity to hear these expert speakers!

To book please phone Carolyn on (03) 9831 3006 or email carolynh@metropm.com.au

Look what happened during the past 10 years......

House prices may surge about 20 per cent or more in some of Australia's largest cities over the next three years, driven higher by on-going shortages.

Sydney prices may jump 21 per cent in that period, while Melbourne prices may be 19 per cent higher.

The increases are likely even with the expected rebound in interest rates as the economy recovers. The Reserve Bank last week lifted official interest rates from near half-century lows to 3.25 per cent and signalled more rate rises to come.

"While interest rates are forecast to rise over 2010-2012, the outlook for the Australian housing market looks positive," said QBE LMI chief Ian Graham.

"The current low interest rates will be the main driver for the house price increases, which are expected to accelerate through to 2012, particularly in those markets with positive affordability and continuing under supply of housing."

Based on calculations from data contained in the report, provided by the Real Estate Institute of Australia and BIS Shrapnel, the median house price in Sydney increased by 101 per cent from June 1998 to June 2008.

Over the same 10 year period the median house price in Melbourne more than doubled, rising 116 per cent.

Brisbane values soared 202 per cent while Adelaide's increased 208 per cent during the same 10 year stretch. Perth's rose 211 per cent and Hobart's soared 203 per cent. The median house prices of Canberra increased 191 per cent, while in Darwin they increased 135 per cent.

The current household debt to income ratio is around 155 per cent, up from about 130 per cent at the time of the last RBA rate rising cycle in 2003, Westpac said today, in releasing the September consumer confidence number.

Rising home prices has been a contributor to household debt, analysts say.

"Corrections are not like share market corrections, where people sell off all their shares"

"People just sit in the property and wait for things to improve. You don't have this turnover, aside from people who are forced to sell." (Angie Zigomanis - Bis Schrapnel Senior Project Manager)

(Information supplied by Chris Zappone - The Age Newspaper)

October is Breast Cancer Month

Right around the world, October is Breast Cancer Month.

Metro Property Management is a proud supporter of Breast Cancer Month and would love for you to get involved.

Some great ideas are:

A girls night in - send the boys out and invite the girls in for a night of fun and pampering!

Pink Ribbon Day - October 22nd is Pink Ribbon Day. Join in and purchase your pink ribbon or any of the hundreds of products available from the National Breast Cancer Foundation

Pink Ribbon Breakfast - Get your friends and/or work colleagues together and make the most important meal of the day fun while raising money for Breast Cancer Research.

More details can be found on the National Breast Cancer Foundation website: http://www.nbcf.org.au/

Buying Property Through Your Super Fund....An Invitation to attend

Significantly increase the value of your superannuation by investing in property.

EVENT DETAILS
Date
Tuesday 13th October, 2009

Time
6.30pm - 7.30pm Registration
7.00pm - 8.30pm Presentation
8.30pm - 8.45pm Questions and Answers

Venue
Novotel Sydney on Darling Harbour, NSW
100 Murray Street
Pyrmont NSW


The Superannuation Act was recently changed to allow Self Managed Super Funds (SMSF's) to borrow to purchase assets. This has created new opportunities to invest in property through your super fund.

SMSF's are the fastest growing sector of the superannuation industry with 2,500 new funds being created every month. At this event you will learn why thousands of people are choosing to include property in their super funds and how this is significantly increasing their superannuation.

At This Event You Will:
Discover how you can fast-track the growth of your super
Learn how you can reduce your Capital Gains Tax to 0%
Understand the legal structures that are used within SMSF's
Learn how to finance SMSF transactions - what's legal and what's not
Case Study - Using Property to Increase Retirement Wealth

John is 50 years old. He and his wife have a combined super of $150,000. John earns $110,000pa and his wife earns $40,000pa. Based on their employer contributions and their funds past performance, they expect to retire with $727,137 and they are concerned that it will not be enough to maintain the lifestyle they would like.

They decided to set up a SMSF and purchase an investment property for $360,000. "We were able to use our superannuation as a deposit and our employer contributions and rent more than cover the loan repayments." They now feel confident that they will have enough money for retirement, even if the property achieves conservative growth, they expect their super fund will now be worth $1,031,062 at retirement.

This case study assumes: Retirement at 65, income grows at 3% pa, interest rates 7.5%, managed funds grow at 6% property grows at 6%.

You Should Attend This Event If:

You and your partner have $150,000 or more in superannuation
You want to increase your wealth for retirement
You want to learn more about Self Managed Super Funds and how they work
You would like to meet industry experts who can assist you in providing SMSF services to your clients

Bookings are essential. To book your seat call Carolyn on (03) 9831 3006 or email carolynh@metropm.com.au