Information update as of September 2026: you must be 55 or older to make a downsizer contribution. The work test now only applies to personal deductible contributions for people aged 67 to 74, and most other voluntary contributions stop at age 75.

If you're 55 or older and sell a home you've owned for at least 10 years, you can put up to $300,000 of the proceeds into super as a downsizer contribution: $300,000 each, so up to $600,000 for a couple. It doesn't count towards your concessional or non-concessional caps, there's no upper age limit or work test, and it must be made within 90 days of settlement.

In this video, McKern financial adviser Kristian Tangan explains why downsizer contributions are becoming common as baby boomers move into smaller homes, and why they're especially useful for people who can no longer make other voluntary contributions because of their age.

In this video

0:00 Is there a contribution that's neither concessional nor non-concessional?

1:04 Are we seeing this more as baby boomers retire?

1:22 The strict rules

1:45 How to get started

General information only, not personal advice.