Features & benefits

Diversification to reduce risk

May help you diversify your portfolio by borrowing money to buy real estate.

Accelerating wealth

Building wealth through potential capital gains and tax advantages, including business owners who sell their commercial property to their SMSF.

Range of loan terms

Different loan terms depending on the property. Up to 30 years for residential, 15 years for rural and tailored terms for commercial property investments (available on application) at a fixed or variable rate or a combination of the two.

Rates & fees

See our most up-to-date fixed and variable rates.

Other fees and charges may apply. For more information, check our SuperGear Product Information Booklet.

Set up
Establishment fee
Residential: $1,500
Commercial & Rural: on application
Set up
Security processing fee
$350 - $1,100
Loan service
Residential: $10 per month
Commercial & Rural: $20 per month 
Interest rate
Applicable interest rates multiplied by the outstanding loan balance. Interest generally paid monthly in arrears forming part of your minimum monthly loan repayment  

Who can apply?

Your application will be considered if you:

  • Intend to borrow $200,000 or more
  • Have $200,000 or more in net assets in your SMSF prior to purchasing the property
  • Have a corporate trustee structure in your SMSF, and
  • All members of your SMSF are in accumulation phase

The property must be:

  • Leased, or available for lease, on commercial terms at all times, and
  • Transferred to a custodian1 when it’s purchased.

For more information, check our SuperGear Product Information Booklet.

house moving

How to apply

Step 1: Understand the features, requirements, risks and interest rates and fees

  • Borrowing for property within super is different to borrowing to invest outside super and is governed by different laws and regulations
  • There are risks associated with gearing – borrowing magnifies the gains but also the potential losses from falls in the value of the property
  • You must have sufficient liquid assets in the fund to cover interest rate volatility, a decrease in  rental yield and extended periods of vacancy of the security property

We strongly recommend that you first obtain financial and taxation advice before you commit to the purchase of any property. By understanding the risks, costs and obligations, you’re then in a better position to determine if this strategy is right for you and your SMSF.

This financial and taxation advice should take into account your current financial status and objectives, and allow for future changes that may impact your ability to meet the proposed loan repayment and fees.

Read our SuperGear Product Information Booklet to discover more about features, requirements, risks, interest rates and fees.

Step 2: Prepare

  • Consider the financial capacity of your SMSF to buy geared investment property
  • Evaluate how this aligns with your fund’s investment strategy
  • Identify the investment property and start due diligence
  • Get professional financial, taxation and legal advice

Step 3: Get funding approval

  • Prepare an outline of your investment plans and provide your current SMSF trust deed and SMSF financial statements
  • Start your SuperGear application by contacting your CommBank relationship manager. Alternatively call our SMSF specialist team on 1800 138 363 8.30am – 5.30pm Mon - Fri (Sydney/ Melbourne time) or request a callback
  • As part of your application, you’ll need to engage a qualified financial planner or accountant to complete the SuperGear Risk Disclosure Form in the Product Information Booklet
  • Once your application is approved, you’ll receive a SuperGear offer pack setting out your loan terms and conditions

Things you should know

1 A company nominated by the SMSF trustee to act as custodian to hold legal title to the property for the duration of the loan in accordance with the terms of the documents you provided to us

View the latest and most up to date version of the Product Information Booklet (PDF). The SuperGear lending facility is not a financial product as defined and described within Chapter 7 of the Corporations Act 2001 (Cwlth). The information contained here does not take into account the investment objectives, financial situation and needs of any particular individual or self managed superannuation fund. Because of that, you should assess with the help of legal, financial and taxation advice, whether the information is appropriate in light of your own circumstances before acting on it. Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information. Only investors who fully understand the risks associated with gearing into investments should apply. All applications for the SuperGear lending facility are subject to the CommBank’s credit approval process. Fees and charges apply.

The offer or invitation to start a SuperGear lending facility is only available to persons receiving the PIB (whether in paper or electronic form) within Australia, who are Australian residents and who provide an Australian address for service when making their application to commence a SuperGear lending facility. SuperGear applications which don’t specify an Australian address or which are accompanied by payment drawn from a foreign bank account may be rejected and returned. 

The PIB itself is not an offer or invitation in relation to a loan. Applications for a SuperGear lending facility can be made to CommBank and may be accepted or rejected by CommBank in its absolute discretion.