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SMSF assets

Summary of SMSF average and assets by age of fund.

Last updated 15 December 2015

SMSF average assets

In 2014, the average assets of SMSFs reached more than $1 million for the first time, representing a growth of 23% over five years.

The median SMSF asset size was $603,000, an increase of 25% over the period. The rates of growth in average and median SMSF assets are consistent with that of SMSF member balances (see Graph 9 and appendix 1, table 12).

The difference between the average and median asset figures reflects the number of SMSFs with more than $1 million in assets. These have increased from 26% in 2010 to 32% in 2014 (see appendix 1, table 14).

For SMSFs established in 2014, the average fund assets were $361,000, an increase of 7% from average assets of $337,000 for those established in 2010. Likewise, the median assets of SMSFs established in 2014 were $228,000, an increase of 29% over the period (see Graph 10 appendix 1, table 13).

SMSF assets by age of fund

For funds established in each of the last 10 years to 30 June 2014, the median asset value in the year of establishment was on average $209,000. The median asset values of these funds increased by 51% in their second year of operation.

For more recently established funds, the time taken to double their starting asset balance has increased to approximately four years, compared to the three years for funds established in 2006 and earlier years.