Can an SMSF buy property in Australia?

Yes, SMSFs can invest in property, but strict rules apply. It must pass the sole-purpose test, members can’t live in it, and borrowing is only allowed under a Limited Recourse Borrowing Arrangement (LRBA).

Top Things to Google Before Hiring an SMSF Accountant

Q: What is the minimum balance to start an SMSF in 2025?

The ATO doesn’t set a minimum, but most experts recommend at least $250,000 in super before starting an SMSF. This ensures the fund is cost-effective after setup and ongoing admin fees.

Q: How much does an SMSF cost each year?

On average, SMSF costs range from $1,500 to $3,000 annually for administration and compliance, plus independent audit fees. Adenix Accounting offers packages starting from $1,499/year.

Q: Do I need an accountant for my SMSF?

Yes. SMSFs must prepare annual financial statements, lodge tax returns, and undergo an independent audit each year. A registered SMSF accountant ensures compliance with ATO requirements.

Adenix Accounting
Aug 19
3 min read

Hiring an SMSF Accountant in 2025: Key Things to Google First

Setting up a Self-Managed Super Fund (SMSF) is one of the most powerful ways to take control of your retirement. But managing an SMSF comes with strict ATO compliance rules, complex reporting, and big decisions about investments.

That’s why choosing the right SMSF accountant matters. And like most Australians, your first step is usually Google.

The terms you type into Google don’t just find accountants—they help you filter the right kind of accountants for your needs. Here are the top things to Google before hiring an SMSF accountant in 2025—and how to know you’ve found a good match.

SMSF accountant in Sydney meeting with clients about self-managed super fund strategy in 2025

1. “SMSF Accountant Near Me”

Even in a digital world, location matters. Clients who search “SMSF accountant Sydney” or “SMSF accountant near me” usually want:

Local knowledge (property, state rules, investment trends).
Accessibility if face-to-face meetings are preferred.
A sense of trust by choosing someone nearby.

💡 Pro Tip: Be specific. “SMSF accountant Rockdale” filters results more effectively than a generic search.

2. “SMSF Setup Costs 2025”

Cost is one of the first things clients Google. Why? Because fees vary widely. When you search this phrase, you’ll find:

Firms that clearly state setup + annual fees (e.g., Adenix offers SMSF admin packages from $1,499/year).
Transparency about additional audit or property transaction costs.
Comparisons that help you weigh whether an SMSF is the right option for your balance.

💡 Avoid firms that hide their prices—clear costs = clear trust.

3. “SMSF Checklist”

Running an SMSF isn’t just about picking investments—it’s about ticking all the compliance boxes. Clients searching for “SMSF checklist” want:

Trustee eligibility requirements.
ATO registration steps.
Ongoing duties like reporting and audits.

Download our free SMSF Setup Checklist to see if you’re ready.

Visit our SMSF Checklist Page

4. “Can SMSFs Invest in Property?”

This is one of the most Googled SMSF questions. The answer is yes—but with rules:

SMSFs can own property, but only if it benefits members’ retirement.
Borrowing must follow strict LRBA (Limited Recourse Borrowing Arrangements) rules.
Residential property can’t be lived in by members or related parties.

💡 A specialist SMSF accountant should explain these rules clearly before you commit.

5. “Registered SMSF Specialist / Tax Agent”

Not all accountants are qualified to advise on SMSFs. Search for:

CPA or Chartered Accountant qualifications.
Registration with the Tax Practitioners Board (TPB).
Demonstrated SMSF experience in setup, compliance, and audits.

💡 Always confirm credentials. ATO penalties for SMSF breaches are serious.

6. “Xero SMSF Accountant”

Technology makes SMSF management easier. When you search “Xero SMSF accountant”, you’ll find firms that:

Use cloud software for 24/7 access to your fund.
Keep reporting streamlined and paper-free.
Provide real-time transparency for trustees.

💡 Ask your accountant: “What software do you use, and do I get access?”

7. “SMSF Case Study / Reviews”

Trust comes from proof. When you Google “SMSF accountant reviews” or “SMSF case study Sydney”, you’ll see firms that:

Publish client journeys (like Sarah, who used Adenix to set up her SMSF and invest in property while staying fully compliant).
Share reviews that highlight service, responsiveness, and clarity—not just technical skills.
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💡 A good accountant should be proud to share their track record.

✅ Quick Checklist Before You Choose

When you Google your SMSF accountant, look for:

✔ Location & accessibility

✔ Transparent pricing (setup + admin + audit)

✔ Compliance expertise (CPA/CA + TPB registered)

✔ Cloud accounting tools (Xero or similar)

✔ Real reviews and client stories

Your SMSF is a wealth-building tool. With the right accountant, it can also be a stress-free one.

FAQs – What Clients Also Google

What is the minimum balance to start an SMSF in 2025? Generally recommended $250,000+, but it depends on setup/admin costs and investment strategy.

How much does an SMSF cost each year? From around $1,500–$3,000 annually for admin and compliance, plus audit fees.

Can an SMSF buy property? Yes, but strict rules apply. It must meet the sole-purpose test and follow LRBA borrowing rules.

Do I need an accountant for my SMSF? Yes—SMSFs require annual financial statements, tax returns, and an independent audit. A registered SMSF accountant ensures compliance.

✅ Next Step: Take the guesswork out of Google. Download our free SMSF Setup Checklist and book your consultation with Adenix Accounting today.