Phone 1800 444 396
Web brightersuper.com.au
Email info@brightersuper.com.au
Post GPO Box 264, Brisbane QLD 4001

Downsizer super contributions

Selling your home? You may be able to boost your super with a downsizer contribution.

This type of contribution allows Australians aged 55 or over to contribute up to $300,000 from the sale of their home to super. You don’t need to purchase another home to be eligible.

Even if you don’t meet the work test or would otherwise be ineligible to contribute to super, you may still be able to make a downsizer contribution.

Who can qualify?

  • A person must be at least 55 years old.
  • The contributor or their spouse must have owned the home for at least 10 years.
  • Both members of a couple can contribute from the sale of the same property (up to $300,000 each).
  • The home must be located in Australia and cannot be a caravan, houseboat or mobile home.
  • The proceeds from the sale of the home must be exempt, or partially exempt from Capital Gains Tax (CGT).
  • No previous downsizer contribution will have been made.

Making a contribution

A contribution generally needs to be made within 90 days of the home being sold. To pay into your Brighter Super account you'll need to notify us that the contribution is a 'downsizer' contribution to ensure it isn't assessed under the general contribution rules.

To make a downsizer contribution you will need to complete the Downsizer Contribution Form available from the ATO website and return it to us with your contribution.

Submitting the form with your downsizer contribution will confirm that you have met all the eligibility requirements. Refer to the ATO website to confirm your eligibility.

  • Further details about downsizer contributions

    Your downsizer contribution is not a non-concessional contribution and won't count towards your contributions caps. The contribution can still be made even if you have a total super balance larger than $2 million (2025/26).

    Your downsizer contribution won't affect your total super balance until your total super balance is recalculated to include all your contributions, including your downsizer contributions, on 30 June at the end of the financial year. The downsizer contribution will count towards your transfer balance cap, which is currently set at $2 million (2025/26). This cap applies when you move your super savings into retirement phase. 

    Contributions made under the scheme will be assessed as an asset for Age Pension purposes and may result in your pension entitlement being reduced or cancelled. You should discuss your situation with the Department of Human Services’ Financial Information Service (FIS).

    You can read more about downsizer super contributions on the Australian Tax Office (ATO) website.

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