Australia downsizer super contributions
This explanation covers the age, contribution cap, property and timing conditions for downsizer contributions in Australia, as published by the ATO.
On this page
- Eligible age
- 55 or older when contributingATO downsizer contributions
- Individual maximum
- A$300,000, subject to sale proceedsATO downsizer contributions
Age when contributing
From 1 January 2023, the eligible age is 55 or older at the contribution date. ATO downsizer contributions (opens in a new tab).
There is no maximum age limit. ATO downsizer contributions (opens in a new tab).
The individual cap
The maximum an individual can contribute across all providers from one home sale is A$300,000, subject to the sale-proceeds limit. ATO downsizer contributions (opens in a new tab).
The proceeds limit subtracts other downsizer contributions made by the individual or spouse from the home’s sale proceeds. ATO downsizer contributions (opens in a new tab).
The property and sale
The contract of sale must have been entered into on or after 1 July 2018. ATO downsizer contributions (opens in a new tab).
The member must satisfy both an ownership test and a main residence test. ATO downsizer contributions (opens in a new tab).
Timing and previous contributions
The contribution must be made within 90 days of the ownership change unless the Commissioner grants an extension. ATO downsizer contributions (opens in a new tab).
A member cannot previously have made a downsizer contribution from the sale of any dwelling, including earlier partial disposals of the same dwelling. Multiple contributions from one primary residence can be made within the maximum. ATO downsizer contributions (opens in a new tab).
Published rules and scope
A downsizer contribution found ineligible may count as a personal contribution if accepted under the fund’s rules. ATO downsizer contributions (opens in a new tab).
This general explanation provides no personal eligibility decision, payment or contribution estimate, tax calculation or recommendation. No matching calculator or numerical worked example is provided.