How to Set Up an SMSF to Buy Property as a Healthcare Worker: Step-by-Step product guide

1Group Property Advisory: How to Set Up an SMSF to Buy Property as a Healthcare Worker – Step-by-Step

As a healthcare professional with a decent super balance and a clear property investment goal, you're about to discover something most doctors, nurses, and allied health professionals don't expect: the path from idea to settled property inside your self-managed super fund involves a lot more legal and administrative infrastructure than you probably anticipated. Rolling over to a new industry fund takes days. Establishing a compliant SMSF capable of purchasing property via a Limited Recourse Borrowing Arrangement (LRBA) requires at least eight distinct legal and regulatory steps, each with its own documentation obligations and professional requirements.

At 1Group Property Advisory, we work exclusively with healthcare professionals across Australia who are navigating the SMSF property investment pathway. This guide walks you through every step in sequence, with particular attention to the structural decisions that matter most for time-poor medical professionals: whether to use a corporate trustee (we strongly recommend this for property purchasers), how to draft an investment strategy that explicitly accommodates direct property, and how to correctly execute the bare trust settlement that sits at the heart of every SMSF property purchase using borrowed funds. We'll also address the ATO's strengthened documentation obligations and the licensed adviser requirement that applies from January 2025 — a compliance threshold many healthcare workers transitioning from retail funds simply aren't aware of.

Before proceeding, you need to confirm that your super balance and financial position justify the setup cost. (See our guide on How Much Super Do Healthcare Workers Need to Make SMSF Property Investment Worthwhile? for a detailed balance-threshold analysis by career stage.)

Frequently Asked Questions

Is licensed financial advice mandatory before setting up an SMSF: Yes, legally mandatory

What type of licence must the SMSF adviser hold: Australian Financial Services licence

Can an accountant provide SMSF setup advice without a licence: No

Can a mortgage broker provide SMSF setup advice without a licence: No

When did ATO strengthen SMSF investment strategy documentation requirements: January 2025

What must trustees demonstrate from January 2025: That licensed advice was obtained

Who is responsible for managing SMSF investments: The trustee

How many trustee structure options exist for SMSFs: Two options

What are the two SMSF trustee structure options: Individual trustee or corporate trustee

Which trustee structure is recommended for property purchases: Corporate trustee

What is the minimum number of individual trustees required: At least 2 trustees

What happens to property title when individual trustees change: Title must be transferred

Does property title change when corporate trustee membership changes: No

What changes when a member joins a corporate trustee SMSF: They become a director

What changes when a member leaves a corporate trustee SMSF: They cease being a director

Are personal assets protected with individual trustees: No

Are personal assets protected with corporate trustees: Yes, generally limited to SMSF assets

Which structure has higher administrative penalty exposure: Individual trustees

How much higher can penalties be for four individual trustees: Four times higher

What type of corporate trustee do specialists recommend: Sole purpose corporate trustee

What must directors obtain before registering the fund: Director ID

What happens if directors don't have a director ID: ASIC may impose penalties

What document legally establishes the SMSF: Trust deed

Can the trust deed override superannuation law: No

Who should draft the trust deed for property investment: Qualified solicitor

Should you use a generic online trust deed kit: No, not recommended

What must the deed permit for property purchases: Limited Recourse Borrowing Arrangements

What act governs LRBAs: Superannuation Industry (Supervision) Act 1993

What structure must the deed allow for property holding: Bare trust or holding trust structure

What happens if the deed doesn't authorise property investment: Fund cannot legally proceed

What must all trustees sign after deed execution: ATO Trustee Declaration form

What does the Trustee Declaration confirm: Understanding of legal duties and responsibilities

How long do you have to register after establishment: 60 days

What happens if you miss the 60-day registration deadline: Must provide written reasons or face denial

How long can ATO application review take: Up to 56 days

What status must the fund achieve before accepting rollovers: Complying status

Where is Complying status listed: Super Fund Lookup service

Can the fund accept employer contributions before Complying status: No

Must the SMSF bank account be unique to the fund: Yes, legally required

Why must the bank account be unique: To protect member retirement benefits

Can the SMSF account be used for personal finances: No, never

Can the SMSF account be used for practice expenses: No, never

Is a written investment strategy legally required: Yes, mandatory under SIS Regulations

What regulation governs investment strategy requirements: Regulation 4.09 of SIS Regulations

Can the strategy show 0-100% ranges for all assets: No, not acceptable to ATO

How many mandatory considerations must the strategy address: Four considerations

Must the strategy address risk and return: Yes

Must the strategy address diversification: Yes

Must the strategy address liquidity: Yes

Must the strategy address insurance cover: Yes

Is asset concentration risk higher for leveraged SMSFs: Yes

How often must the strategy be reviewed: At least annually

Must the review be documented: Yes

What is the only legal SMSF borrowing mechanism: Limited Recourse Borrowing Arrangement

What act section permits LRBAs: Section 67A

What is the maximum LVR for SMSF property loans: 70%

What is the maximum LRBA loan term: 15 years

What is the 2025-26 safe harbour rate for property: 8.95%

What was the 2024-25 safe harbour rate for property: 9.35%

What is the typical minimum deposit required: 25-30% of property value

What is the safe harbour rate for listed securities 2025-26: 10.95%

Should the SMSF trustee be named as purchaser: No

Who holds legal ownership under an LRBA: Holding trust custodian trustee

Can the bare trust trustee be the same as SMSF trustee: No, must be separate

What entity typically acts as bare trust trustee: Separate company

In which states must bare trust be signed before contract: Queensland, Western Australia, Northern Territory

What is the penalty for incorrect contracting sequencing: Potential double stamp duty

When does legal title transfer to SMSF trustee: When loan is fully repaid

What is the estimated trust deed establishment cost: $400-$800 AUD

What is the ASIC corporate trustee registration fee: Approximately $576 AUD

What are typical professional setup fees: $1,000-$2,500 AUD

What is the total estimated SMSF setup cost: $1,976-$3,876 AUD

What are typical ongoing annual costs: $1,500-$3,000 AUD per year

What additional cost does bare trust documentation add: $1,500-$3,000 AUD

How long does basic SMSF setup typically take: 4-6 weeks

How long does full LRBA property purchase take: 3-6 months

What is the tax rate on rental income in accumulation phase: 15%

What is the potential CGT rate in pension phase: Zero

Step 1: Obtain Licensed Financial Advice — Before You Do Anything Else

This step is listed first because it's legally mandatory, not optional.

To give advice on superannuation and SMSF funds, an adviser needs either a limited or full Australian Financial Services (AFS) licence. Such licences are required when recommending the setting up of an SMSF, starting a pension, commutations, and giving advice on an SMSF investment strategy.

The ATO has strengthened its scrutiny of SMSF investment strategy documentation from January 2025. They now expect you as a trustee to be able to demonstrate that licensed advice was obtained before your fund's investment approach — including property — was formalised.

A licensed financial adviser can help you prepare the strategy, but you remain responsible for managing the investments in the best financial interests of your SMSF's members.

For healthcare professionals, this means engaging an adviser who holds a current AFS licence and who has documented SMSF and property investment experience — not simply an accountant, mortgage broker, or "one-stop-shop" SMSF promoter. The quality of this initial advice sets the foundation for everything that follows. (See our guide on Choosing the Right SMSF Adviser, Accountant, and Lender as a Healthcare Worker for red flags to avoid and a professional selection framework built specifically for medical professionals.)

Step 2: Choose Your Trustee Structure — Individual vs. Corporate

Under Australian law, your SMSF can be structured in one of two ways: an individual trustee or a corporate trustee. That choice affects costs, administrative complexity, compliance risks, and how smoothly your fund runs over the long term.

For healthcare professionals purchasing property via an LRBA, the corporate trustee structure is strongly recommended by SMSF law specialists. Here's why this matters for your situation:

Individual Trustees

SMSFs with individual trustees must always have at least 2 trustees.

If your SMSF has individual trustees, when a trustee is added or removed, the name in each asset's ownership document must be updated. This can be costly and time-consuming. State government authorities and financial institutions may charge a fee for title changes.

For a property-holding SMSF, this means a change in membership can trigger a title transfer on real estate — an expensive and administratively burdensome outcome that you, as a busy healthcare professional, don't need.

Corporate Trustee

If your SMSF has a corporate trustee, when a person starts or stops being a member, they become, or cease to be, a director of the corporate trustee. You must notify the ATO and ASIC of any change in director. The name on the ownership documents doesn't change. It remains in the name of the corporate trustee.

If your fund owns a property, just like any other property owner the trustees of the fund can be held liable for accidents on their property. If the trustee is a company, then your personal liability is generally limited to the assets held in the SMSF. Assets that you own outside the fund — your family home, your share of a medical practice, your investment portfolio — are protected. That same protection doesn't apply to funds with individual trustees.

On penalties:

In more extreme cases, the Tax Office can issue "administrative penalties" that you as a trustee have to pay personally (they can't be paid from the fund). The maximum penalty amount is worked out "per trustee" (so per person for individual trustees or per company for a corporate trustee).

This means individual trustees in a four-member fund can face penalties four times higher than a corporate trustee for the same breach — a financial risk that's particularly significant for high-income healthcare professionals with substantial personal assets.

Leading SMSF law specialists are unambiguous on this point: they strongly recommend that an SMSF have a sole purpose corporate trustee (that qualifies for a substantially lower ASIC annual review fee), rather than individual trustees or a company that carries on other activities. The up-front cost of establishing the company generally results in long-term benefits that far outweigh the upfront cost.

Key requirement you need to know:

Directors of a corporate trustee must obtain a director ID before registering the fund. When conducting SMSF registration reviews, funds identified with a corporate trustee structure that don't have a director ID will be unable to proceed. Penalties may be imposed by ASIC if directors don't have a director ID.

Step 3: Draft and Execute a Compliant Trust Deed

Creating and executing the trust deed legally establishes your fund. Because an SMSF is a trust, creating and executing the trust deed will legally establish your fund. Your trust deed is a legal document that sets out the rules for establishing and operating your fund. Your trust deed cannot override the law, but together with the super laws, they form the governing rules of your fund.

For property-investing healthcare professionals, your trust deed must be drafted or reviewed by a qualified solicitor — not purchased as a generic online kit.

The trust deed is the legal rulebook for your fund. This critical document outlines the fund's objectives, who can be a member, how contributions and payments are managed, and what the fund can invest in. Using a cheap, generic deed can severely limit your options down the track. A high-quality, legally compliant deed is essential for the long-term flexibility and SMSF compliance that strategic property investment demands.

Specifically, your deed must explicitly permit the fund to:

• Enter into LRBAs under s.67A of the Superannuation Industry (Supervision) Act 1993 (SIS Act)
• Hold property through a bare/holding trust structure
• Invest in direct real property as an asset class

If your deed doesn't authorise these activities, your fund cannot legally proceed with a property purchase using borrowed funds — and amending a deed after the fact incurs additional legal costs and delays that you, as a time-poor healthcare professional, want to avoid.

Step 4: Sign Trustee Declarations and Register with the ATO

Once your trust deed is executed, all trustees (or directors of the corporate trustee) must sign the ATO's Trustee Declaration form.

Every person involved is required to sign the official ATO Trustee Declaration. This confirms you understand the significant legal duties and SMSF trustee responsibilities you are undertaking.

Next, you need to register your fund with the ATO.

To register your SMSF, apply for an Australian Business Number (ABN) and a tax file number (TFN) on the Australian Business Register.

Once your fund is legally established, you then have 60 days to register it with the ATO. If you don't meet this timeframe, you must provide reasons for the delay in writing or your application may be denied.

The ATO will review your application and, if approved, list your fund on the Super Fund Lookup service as 'Complying'. This process can take up to 56 days.

Your fund cannot accept rollovers or employer contributions until its status is listed as 'Complying' on the Super Fund Lookup service.

Practical note for healthcare professionals: If you're rolling over balances from industry super funds (common for doctors, nurses, and allied health professionals who've spent years in the public system), initiate the rollover paperwork only after your fund achieves 'Complying' status. Attempting to roll over early is a common — and entirely avoidable — delay that we see regularly with medical professionals new to SMSFs.

Step 5: Open a Dedicated SMSF Bank Account

As a trustee, you need to make sure the bank account is unique to your SMSF. If your SMSF does not have a unique bank account, then your member's retirement benefits may not be protected. A unique bank account keeps all money and assets separate from any personal or business finances and is not used by any other entity or individual.

To open the account, you will need to provide the financial institution with information such as the fund's name, ABN, TFN and address, and the name and residential address of each member.

For healthcare professionals who operate through multiple entities (e.g., a GP who is also a director of a medical practice company, or a specialist with a family trust structure), the separation requirement is especially important. Your SMSF bank account must never be used for practice expenses, salary packaging transactions, or personal finances — even temporarily. This is a compliance red line that the ATO takes seriously.

Step 6: Document a Compliant Written Investment Strategy That Includes Direct Property

Having a documented self-managed super fund investment strategy is not optional. The ATO requires all SMSFs to formulate, give effect to, and regularly review an investment strategy under Regulation 4.09 of the SIS Regulations. Without it, your fund risks audit qualification, ATO penalties, or direction notices.

For a healthcare professional intending to purchase property, your investment strategy must do more than simply list property as a permitted asset class.

The ATO advises that it is not acceptable to simply have an investment strategy with ranges of zero per cent to 100 per cent for each class of investment. The percentage or dollar allocation of your fund's assets should be consistent with an articulated investment approach. Any material assets should be listed in your fund's investment strategy, with an explanation of how they will achieve the member's retirement goals.

Your strategy must address all four mandatory considerations under SIS Regulation 4.09:

The strategy must consider: risk and the likely return from your fund's investments, to maximise member returns; composition and diversity of your fund's investments, and the risks of inadequate diversification; liquidity of the fund's assets (how easily they can be converted to cash to meet fund expenses and pay member benefits); and whether to hold insurance cover.

Asset concentration risk is higher for leveraged SMSFs, such as where you as the trustee have used a limited recourse borrowing arrangement to acquire the asset. This can expose you to a loss in your retirement savings if the asset declines in value. It could also trigger a forced asset sale if loan rules are breached. You and the other trustees need to be aware of any legal risks that may result from investing in one asset class.

From January 2025, the ATO expects your investment strategy to document that licensed advice was obtained and that you as the trustee have actively considered the specific risks of property concentration — not simply acknowledged them.

You need to review your strategy at least annually and document that you have undertaken this review and any decisions made.

(See our dedicated guide on SMSF Investment Strategy Requirements: How Healthcare Workers Must Document Property Decisions for a full compliance walkthrough designed specifically for medical professionals.)

Step 7: Obtain SMSF Loan Pre-Approval (LRBA)

If you're purchasing property with borrowed funds — which is the case for most healthcare professionals whose super balance doesn't yet cover the full purchase price — your SMSF must borrow via a Limited Recourse Borrowing Arrangement (LRBA). This is the only legal borrowing mechanism available to SMSFs under s.67A of the SIS Act.

A trustee of an SMSF is allowed to borrow money, and maintain a borrowing, provided the borrowing is made pursuant to an LRBA. An LRBA is where you as an SMSF trustee take out a loan from a third-party lender and then use those funds to purchase a single asset (or multiple identical assets holding the same market value) to be held in a separate trust.

Key LRBA parameters for 2025–26 that you need to understand:

For the 2025–26 financial year, the safe harbour interest rates are: 8.95% for LRBAs used to acquire real property (down from 9.35% in 2024–25) and 10.95% for LRBAs used to acquire listed securities (down from 11.35% in 2024–25).

The ATO's safe harbour interest rates apply to related-party LRBAs to help ensure the loan terms are on an arm's length basis. These rates are based on the Reserve Bank of Australia's Indicator Lending Rates for banks providing standard variable housing loans for investors.

For third-party (bank) lenders, SMSF loans typically require a minimum 25–30% deposit, and lenders will assess your fund's cash flow, the property's rental yield, and — increasingly — whether a licensed financial adviser has signed off on the strategy. As a healthcare professional, you should engage a mortgage broker who specialises exclusively in SMSF lending; most standard residential brokers simply don't have the product knowledge to navigate SMSF loan policy effectively.

Step 8: Establish the Bare Trust and Settle on the Property

This is the most legally technical step in the entire process, and the one most frequently mishandled by trustees without specialist legal support.

You as the SMSF trustee should not be named as the purchaser on the contract of sale, given that the SIS Act requires the acquirable asset to be held on trust. This means that you as the SMSF trustee acquire only a beneficial interest in the acquirable asset and, as such, the corporate trustee of the holding trust (or the holding trustee) acts as the legal owner of the property, holding it for the ultimate benefit of you as the SMSF trustee until the loan is repaid.

The holding/bare trust's trustee cannot be the same individual or corporate trustee of the SMSF.

This means a separate company — often called the "custodian trustee" — must be incorporated specifically to act as the bare trust trustee.

Proper documentation is essential for ensuring compliance and protecting your SMSF. Key documents you need include: the bare trust deed, outlining the holding trust arrangement; the loan agreement, specifying terms such as interest rate, repayment schedule, and LVR; and the custodian trustee incorporation documents, which is a new company set up to act as trustee for the bare trust.

Critical state-by-state variation you need to know: The name to be used on the purchase contract differs by state and territory.

Queensland, Western Australia, and Northern Territory purchases should have bare trust documents signed before or on the same day as entering into a contract.

Getting this wrong can result in double stamp duty — a potentially five-figure error that's entirely avoidable with proper legal guidance. Always confirm the correct contracting name with your SMSF solicitor before signing any purchase documents.

Once the loan is repaid in full, legal title transfers from the bare trust to you as the SMSF trustee, completing the LRBA structure. (For a full explanation of the bare trust lifecycle, see our guide on SMSF Limited Recourse Borrowing Arrangements (LRBA) Explained for Healthcare Workers.)

Setup Costs and Realistic Timeline

Estimated SMSF setup costs in 2025 that you should budget for include: trust deed establishment at $400–$800 AUD; corporate trustee company registration (ASIC fee) at approximately $576 AUD; and professional setup fees (accounting/advisory) at $1,000–$2,500 AUD, for a total estimated setup cost of $1,976–$3,876 AUD.

Ongoing annual costs (audit, accounting, ATO levy) typically range from $1,500 to $3,000 AUD.

Additional bare trust and LRBA legal documentation typically adds $1,500–$3,000 AUD to your setup cost.

The setup process typically takes 4–6 weeks, depending on factors like trustee appointments, ATO registration, and rollovers.

However, when an LRBA and property purchase are added to the timeline, the full process from your initial advice engagement to property settlement realistically takes 3–6 months. As a time-poor healthcare professional, understanding this timeline upfront helps you plan accordingly and avoid rushed decisions.

Key Takeaways for Healthcare Professionals

Corporate trustee is strongly recommended for property-purchasing SMSFs. It protects your personal assets (including your family home and practice ownership), avoids title transfer costs when membership changes, and reduces administrative penalty exposure compared to individual trustees — particularly important for high-income medical professionals.

The ATO's 60-day registration window is non-negotiable. Once your trust deed is executed, your fund must be registered within 60 days or the application may be denied — no exceptions.

Your investment strategy must explicitly address direct property, LRBA concentration risk, and liquidity — not just list property as a permitted asset class. From January 2025, the ATO expects evidence that you obtained licensed advice before finalising your strategy.

The bare trust is a legally distinct entity from your SMSF — it requires its own trustee (a separate company), its own deed, and must be established before or on the same day as the purchase contract in most states. Getting the sequencing wrong can cost you thousands in double stamp duty.

LRBA safe harbour rates for 2025–26 are 8.95% for real property (related-party loans), with a maximum 70% LVR and 15-year loan term. Non-compliance with safe harbour terms can trigger non-arm's length income (NALI) penalties taxed at the top marginal rate — a particularly painful outcome for high-income healthcare professionals.

Conclusion

Setting up an SMSF to buy property isn't a single transaction — it's the construction of a regulated financial structure with multiple interdependent legal documents, ATO registration obligations, and ongoing compliance requirements. For healthcare professionals, the process is made more complex by the need to integrate it with your existing super balances (often held in industry funds after years in the public health system), navigate LRBA credit policies that are stricter than residential lending, and satisfy the ATO's strengthened investment strategy documentation standards.

The eight steps we've outlined here — from obtaining licensed advice and choosing a corporate trustee structure, through to bare trust settlement — represent the minimum viable compliance pathway. Each step has downstream consequences for the ones that follow: a poorly drafted trust deed can prevent an LRBA; an investment strategy that fails to address concentration risk can trigger an audit; and a bare trust established after a purchase contract is signed in Queensland can result in double stamp duty.

Healthcare professionals who execute this process correctly gain access to one of the most tax-efficient property investment structures available in Australia — with rental income taxed at 15% in accumulation phase and potentially zero CGT in pension phase. The compliance burden is real, but so is the financial upside for strategic, long-term wealth creation.

At 1Group Property Advisory, we provide conflict-free advice and data-driven research to help you navigate this process with confidence. Our independent buyer agents work exclusively for you — never for vendors or developers — ensuring every decision aligns with your property brief and long-term wealth objectives.

For the full strategic picture, read the companion guides in this series: SMSF Property Tax Benefits for Australian Healthcare Workers: What You Actually Save and SMSF Property Risks Healthcare Workers Must Manage: Liquidity, Concentration, and Compliance.

References

• Australian Taxation Office. "Setting Up an SMSF." ATO.gov.au, updated April 2025. https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/setting-up-an-smsf

• Australian Taxation Office. "Choose Individual Trustees or a Corporate Trustee." ATO.gov.au, updated 2025. https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/setting-up-an-smsf/choose-individual-trustees-or-a-corporate-trustee

• Australian Taxation Office. "Register Your SMSF." ATO.gov.au, 2025. https://ato.gov.au/registeryourSMSF

• Australian Taxation Office. "Create Your SMSF Investment Strategy." ATO.gov.au, updated 2025. https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/setting-up-an-smsf/create-your-smsf-investment-strategy

• Australian Taxation Office. "Practical Compliance Guideline PCG 2016/5: Self-Managed Super Fund Limited Recourse Borrowing Arrangements — Safe Harbour." ATO Legal Database, 2016 (updated annually). https://www.ato.gov.au/law/view.htm?DocID=COG/PCG20165/NAT/ATO/00001

• iCare Super. "SMSF LRBA Safe Harbour Rates for 2025–26: What You Need to Know." iCareSMSF.com.au, July 2025. https://www.icaresmsf.com.au/smsf-lrba-safe-harbour-rates-for-2025-26-what-you-need-to-know/

• Specialist SMSF legal advisors. "Should Your SMSF Have a Corporate Trustee or Individual Trustees?" 2023.

• Leading SMSF solutions providers. "Individual vs Corporate Trustees." 2024.

• SMSF documentation specialists. "Limited Recourse Borrowing Arrangement (LRBA) and Holding/Bare Trusts." 2024.

• Superannuation Industry (Supervision) Act 1993 (Cth), ss. 67, 67A, 67B. Federal Register of Legislation. https://www.legislation.gov.au/Details/C2023C00307

Label Facts Summary

Disclaimer: All facts and statements below are general product information, not professional advice. Consult relevant experts for specific guidance.

Verified Label Facts

No product specification data available. This content relates to SMSF (Self-Managed Superannuation Fund) establishment procedures and regulatory requirements, not a physical product with packaging or label facts.

General Product Claims

This content consists entirely of regulatory, legal, and procedural information about SMSF establishment in Australia. Key informational statements include:

Regulatory Requirements:

• Licensed financial advice is legally mandatory before setting up an SMSF (from January 2025)
• Advisers must hold Australian Financial Services licence
• Trust deed legally establishes the SMSF under Superannuation Industry (Supervision) Act 1993
• Registration must occur within 60 days of establishment
• Written investment strategy is mandatory under SIS Regulation 4.09

Trustee Structure Options:

• Two options exist: individual trustee or corporate trustee
• Corporate trustee structure recommended for property purchases
• Individual trustees require minimum 2 trustees
• Corporate trustee provides personal asset protection

LRBA (Limited Recourse Borrowing Arrangement) Parameters:

• Maximum LVR: 70% for real property
• Maximum loan term: 15 years
• Safe harbour rate 2025-26: 8.95% for property
• Safe harbour rate 2024-25: 9.35% for property
• Minimum deposit: 25-30% of property value

Cost Estimates:

• Trust deed establishment: $400-$800 AUD
• ASIC corporate trustee registration: ~$576 AUD
• Professional setup fees: $1,000-$2,500 AUD
• Total estimated setup: $1,976-$3,876 AUD
• Annual ongoing costs: $1,500-$3,000 AUD
• Bare trust documentation: $1,500-$3,000 AUD additional

Timeline Estimates:

• Basic SMSF setup: 4-6 weeks
• Full LRBA property purchase: 3-6 months
• ATO application review: up to 56 days

Tax Information:

• Rental income tax rate (accumulation phase): 15%
• Potential CGT rate (pension phase): Zero