PRESS RELEASE: Shielding Your Super from Coronavirus: Investing Your Super in Residential Property Could Help Shelter Your Balance from the Corona Stocks Crisis

As the Corona Virus continues to stir up uncertainty and panic among financial markets, super fund Superestate is aiding members to avoid some of the impacts of the worst stock market performance and most volatile conditions seen in over a decade. With many Australians seeing a dramatic dip in their super this week, Superestate members have been spared some of the effects with up to half of their respective balances being invested in the comparatively stable residential property market.

During sign up (with no minimum balance required), Superestate members choose what percentage of their super to invest in residential property (10%, 25% or 50%). The remainder of their balance is invested in a traditional super mix of shares, infrastructure & cash. Superestate is currently the only super fund in Australia with this investment strategy, offering significant exposure to residential property investment.

Domain’s ‘Property Price Forecasts – 2020’, predicts that house values in Sydney could rise by 10 percent, with 8 percent growth for the country overall. This is in stark contrast to the Global and Financial Markets which have seen falls of up to 5% on a single day over the last few weeks.

“As we’ve seen previously in the 2008 GFC, residential property has been far more resilient to the volatile nature of the greater economic climate. Until now our main goal has been to make residential property investment accessible to all Australians, and in times like these it’s also fantastic to be able to offer our members a less volatile place to invest their super”
– Grant Brits, Superestate CEO

If you would like further understanding on how Superestate works or how our investment strategy may help cushion the blow of the current market, please get in touch with us. Our CEO, Olympic medallist turned entrepreneur, Grant Brits would be happy to speak with you.

Media contacts:
Katie Mazzoni
0431 238 714
[email protected]