Downsizer super contributions data

Downsizer super contributions

A downsizer contribution is a personal super contribution, but doesn’t count towards your non-concessional contribution cap. It will be reflected in your total superannuation balance when it is next calculated (on 30 June).

If you are 55 years or older at the time of making the contribution, you may be able to contribute up to $300,000 from the proceeds of the sale (or part sale) of your home into your super fund. For more information, see Downsizer super contributions.

About the downsizer super data

This data is based on information reported to us by super funds about the downsizer contributions made by their members. It includes updated or corrected information about historical contributions.

The data on this page is current as of 15 July 2025.

Data for 2023–24 and earlier financial years is relatively settled but can change. The 2024–25 data will be subject to substantial change as reporting of downsizer contributions for that financial year is ongoing.

Unless stated otherwise, in the following data tables references to the number of individuals is rounded to the nearest 100, and references to dollar amounts are rounded to the nearest $100,000. Totals may not add up due to rounding.

Definitions

A 'financial year' is defined by the 1 July to 30 June date range. Where the data relates to a financial year, the reference is to the financial year in which the downsizer contribution was received by the super fund. This may differ from the financial year in which the contribution was reported to us by the super fund.

'Age' is referenced in the data as the individual's age at the date they make the downsizer contribution to their super fund.

'State or territory' is referenced based on the individual’s residential location at the date the contribution is reported to us by the super fund.

Downsizer super contributions data tables

The following are data tables for downsizer super contributions, broken into total, average, demographics, age, and gender.

Table 1: Total individuals and total downsizer contributions by financial year

Financial year	Total individuals	Total contribution ($b)
2018–19	6,500	1.557
2019–20	10,700	2.560
2020–21	13,000	3.183
2021–22	19,700	5.064
2022–23	15,900*	4.235
2023–24	16,900	4.491
2024–25	15,800	4.165

*Note: Legislation change affecting the eligibility age occurred twice during the 2022–23 financial year. This ongoing change to an eligibility age of 55 years and over from 1 January 2023 has seen a continued rise in the total individuals contributing towards downsizer. For more information, see Downsizer super contributions.

Table 2: Percentage of individuals and total average downsizer contribution by state or territory from 2018–19 to 2024–25

State or territory	Individuals (% of total)	Total average contribution
NSW	32.67	$266,000
VIC	24.76	$257,000
QLD	22.97	$247,000
WA	8.50	$252,000
SA	6.80	$246,000
ACT	2.01	$257,000
TAS	1.97	$251,000
NT	0.20	$251,000

In Table 2 above, we rounded average contribution amounts to the nearest $1,000.

Downsizer location demographics data

Tables 3 to 10 below show the total number of individuals and contribution by state and territory for the financial year.

The total number of individuals is rounded to the nearest 100 (or the nearest 5 for Table 10 – NT). Contributions are rounded to the nearest $100,000 for all tables.

New South Wales

Table 3: Downsizer location demographics – NSW

Financial year	Individuals	Contribution ($m)
2018–19	2,100	521.9
2019–20	3,400	837.3
2020–21	4,300	1103.8
2021–22	6,400	1711.3
2022–23	5,100	1382.4
2023–24	5,700	1550.1
2024–25	5,300	1451.3

Victoria

Table 4: Downsizer location demographics – VIC

Financial year	Individuals	Contribution ($m)
2018–19	1,700	407.4
2019–20	3,000	726.9
2020–21	3,000	735.0
2021–22	4,800	1243.8
2022–23	4,100	1096.4
2023–24	4,200	1107.5
2024–25	3,700	962.7

Queensland

Table 5: Downsizer location demographics – QLD

Financial year	Individuals	Contribution ($m)
2018–19	1,500	352.9
2019–20	2,400	545.7
2020–21	3,200	749.2
2021–22	4,900	1200.8
2022–23	3,500	893.0
2023–24	3,700	962.3
2024–25	3,400	880.2

Western Australia

Table 6: Downsizer location demographics – WA

Financial year	Individuals	Contribution ($m)
2018–19	400	100.8
2019–20	700	173.2
2020–21	1,100	248.3
2021–22	1,500	360.1
2022–23	1,500	403.5
2023–24	1,600	411.8
2024–25	1,600	411.7

South Australia

Table 7: Downsizer location demographics – SA

Financial year	Individuals	Contribution ($m)
2018–19	400	96.5
2019–20	700	163.3
2020–21	900	218.0
2021–22	1,300	329.3
2022–23	1,000	270.0
2023–24	1,100	286.6
2024–25	1,100	286.7

Australian Capital Territory

Table 8: Downsizer location demographics – ACT

Financial year	Individuals	Contribution ($m)
2018–19	200	38.6
2019–20	200	54.7
2020–21	300	63.2
2021–22	400	113.3
2022–23	400	94.8
2023–24	300	71.7
2024–25	300	72.3

Tasmania

Table 9: Downsizer location demographics – TAS

Financial year	Individuals	Contribution ($m)
2018–19	200	35.7
2019–20	200	56.5
2020–21	300	62.9
2021–22	400	94.0
2022–23	300	81.4
2023–24	300	75.7
2024–25	300	80.5

Northern Territory

Table 10: Downsizer location demographics – NT

Financial year	Individuals	Contribution ($m)
2018–19	15	3.4
2019–20	10	2.2
2020–21	10	2.8
2021–22	40	10.4
2022–23	35	10.3
2023–24	35	8.7
2024–25	50	12.7

Downsizer age and financial year data

Tables 11 to 19 below show the number of individuals and number of contributions by age and financial year.

Table 11: Individuals 55 to 59 years old

Financial year	Individuals	Contribution ($m)
2018–19	n/a	n/a
2019–20	n/a	n/a
2020–21	n/a	n/a
2021–22	n/a	n/a
2022–23	400	103.8
2023–24	1,100	301.8
2024–25	1,000	261.8

Note: From 1 January 2023, eligibility changed to 55 years and over.

Table 12: Individuals 60 to 64 years old

Financial year	Individuals	Contribution ($m)
2018–19	n/a	n/a
2019–20	n/a	n/a
2020–21	n/a	n/a
2021–22	n/a	n/a
2022–23	3,200	871.5
2023–24	2,900	793.3
2024–25	3,000	819.4

Note: From 1 July 2022 to 31 December 2022, eligibility changed to 60 years and over.

Table 13: Individuals 65 to 69 years old

Financial year	Individuals	Contribution ($m)
2018–19	2,400	568.0
2019–20	3,800	909.8
2020–21	4,600	1135.4
2021–22	6,800	1754.7
2022–23	3,600	947.3
2023–24	3,600	956.3
2024–25	3,400	889.2

Note: From 1 July 2018 to 30 June 2022, eligibility was 65 years and over.

Table 14: Individuals 70 to 74 years old

Financial year	Individuals	Contribution ($m)
2018–19	2,100	504.3
2019–20	3,400	802.1
2020–21	4,200	994.0
2021–22	6,100	1532.4
2022–23	3,400	897.3
2023–24	3,400	897.7
2024–25	2,800	737.2

Table 15: Individuals 75 to 79 years old

Financial year	Individuals	Contribution ($m)
2018–19	1,200	282.8
2019–20	2,000	467.9
2020–21	2,500	615.1
2021–22	4,000	1,012.0
2022–23	3,100	789.4
2023–24	3,200	829.5
2024–25	2,800	708.8

Table 16: Individuals 80 to 84 years old

Financial year	Individuals	Contribution ($m)
2018–19	500	133.6
2019–20	1,000	238.9
2020–21	1,100	290.3
2021–22	1,800	475.2
2022–23	1,500	398.1
2023–24	1,700	443.0
2024–25	1,600	434.0

Table 17: Individuals 85 to 89 years old

Financial year	Individuals	Contribution ($m)
2018–19	200	50.7
2019–20	400	101.3
2020–21	400	108.0
2021–22	800	209.1
2022–23	600	164.9
2023–24	600	180.2
2024–25	800	215.9

Table 18: Individuals 90 to 94 years old

Financial year	Individuals	Contribution ($m)
2018–19	100	14.4
2019–20	100	34.5
2020–21	100	34.9
2021–22	200	69.0
2022–23	200	49.4
2023–24	200	61.4
2024–25	300	76.0

Table 19: Individuals 95 years and older

Financial year	Individuals	Contribution ($m)
2018–19	10	3.5
2019–20	20	5.4
2020–21	20	5.4
2021–22	35	10.6
2022–23	35	10.1
2023–24	40	11.0
2024–25	55	15.7

Downsizer gender and contribution data

Table 20: Summarised percentage of gender and average amount contributed by financial year

Financial year	Male (%)	Average contribution	Female (%)	Average contribution
2018–19	46.54	$239,000	53.45	$241,000
2019–20	45.36	$238,000	54.64	$239,000
2020–21	46.00	$244,000	54.00	$246,000
2021–22	46.09	$257,000	53.90	$257,000
2022–23	42.86	$265,000	57.06	$267,000
2023–24	43.57	$264,000	56.02	$266,000
2024–25	42.21	$263,000	57.61	$266,000

In Table 20 above, we rounded average contribution amounts to the nearest $1,000.

Table 21: Number and percentage of individuals by gender and amount of contributions by financial year

Financial year	Male	Male (%)	Contribution ($m)	Female	Female (%)	Contribution ($m)
2018–19	3,000	46.54	720.5	3,500	53.45	836.7
2019–20	4,900	45.36	1,159.2	5,900	54.64	1,400.6
2020–21	6,000	46.00	1,457.0	7,000	54.00	1,726.1
2021–22	9,100	46.09	2,335.7	10,600	53.90	2,727.2
2022–23	6,800	42.86	1,809.6	9,100	57.06	2,422.2
2023–24	7,400	43.57	1,949.6	9,500	56.02	2,524.6
2024–25	6,700	42.21	1,746.8	9,100	57.61	2,411.4