If you’re thinking about selling your home, a Downsizer Contribution lets you put some of that money into your super – up to $300,000 for individuals or $600,000 as a couple.  

To be eligible, you need to be: 

• Aged 55 or over 

• Have owned your home for more than 10 years 

• Be selling a property in Australia (sorry, caravans, mobile homes and houseboats don’t count) 

 Check the full eligibility criteria on the ATO website. 

• It doesn’t count towards your non-concessional contributions cap 

• There’s no upper age limit or work test required 

• Contributions aren’t taxed when added to your super  

• You don’t have to buy another home after selling  

• It’s a one-time-only opportunity 

• It does count towards other limits like your Transfer Balance Cap and total super balance (read more about retirement and pensions) 

Age Pension eligibility
Your family home isn’t currently counted in the Age Pension assets test – but once you sell and move the funds into super, that could change your entitlements. 

Access to funds
Money contributed via this strategy is still subject to super rules. That means you’ll need to meet a condition of release before accessing it.  

Talk to a professional
Before making any financial decisions about making a Downsizer Contribution, it’s worth speaking to our Coach team, or your licensed financial adviser. They can help you: 

• Understand the rules 

• See how a Downsizer Contribution fits into your wider retirement plan. 

• Understand how it may impact your super balance and any government benefits. 

• Make the most of this opportunity – without any surprise setbacks. 

If you decide to use the Downsizer strategy, you need to: 

• Complete the Downsizer contribution form 

• Send the form to us 

• Pay your contribution by BPAY, within 90 days of the property sale 

Yes – if you’re 55 or older and selling a home you’ve owned for 10+ years, you may be able to make what’s called a Downsizer Contribution. 

This lets you put up to $300,000 (or $600,000 as a couple) from the sale of your home straight into your super, without counting towards your usual contribution caps. 

You don’t need to buy another property afterwards, and there’s no upper age limit. It’s a once‑only opportunity, but can be a powerful way to boost long‑term financial security. 

You’re generally eligible if: 

• You’re 55 or older 

• You’ve owned your home for at least 10 years 

• The property is in Australia and is a standard dwelling (not a caravan or houseboat) 

• The home qualifies as your main residence for capital gains tax purposes 

• You make the contribution within 90 days of settlement 

If you meet the criteria, you can choose to contribute any amount up to the cap. The ATO has the full eligibility checklist – but the above is what most people need to know. 

Possibly – and it’s important to understand how. 

Your family home isn’t counted in the Age Pension assets test. But once you sell it and move that money into super, it does become assessable under the assets test once you reach Age Pension age or move into an account-based pension. 

That means a downsizer contribution could affect your pension eligibility or reduce your payment rate. This doesn’t mean you shouldn’t do it; just that it’s worth getting advice to understand the trade‑offs and make the choice that best supports future you.