A property fund is a pooled investment vehicle that acquires and manages a diversified portfolio of properties on behalf of its investors. Unlike a property syndicate (which owns a single asset), a property fund holds multiple assets across different property types, locations and tenants.
Types of Property Funds in Australia
Listed Property Trusts (A-REITs)
Australian Real Estate Investment Trusts listed on the ASX. They offer daily liquidity, low minimum investment (as little as $500 through a broker) and exposure to large diversified commercial portfolios.
Unlisted Property Funds
Not traded on the ASX. They offer quarterly or annual liquidity windows, typically higher yields than A-REITs and direct access to specific property types. Minimum investment typically $10,000 to $50,000.
Wholesale Property Funds
Available to wholesale or sophisticated investors only ($500,000 minimum or $2.5m net assets). Often provide access to premium assets and lower fee structures than retail funds.
Property Fund Yields in Australia 2026
| Fund Type | Distribution Yield | Liquidity | Minimum Investment |
|---|---|---|---|
| A-REIT (listed) | 3.5-5.5% | Daily (ASX) | $500+ |
| Unlisted retail fund | 5.0-7.5% | Quarterly | $10k-$50k |
| Unlisted wholesale fund | 5.5-8.0% | Quarterly/Annual | $500k+ |
SMSF and Property Funds in 2026
Both listed and unlisted property funds are SMSF-eligible. Following the residential borrowing ban, unlisted commercial property funds have seen significant increased interest from SMSF trustees seeking diversified property exposure without direct ownership or borrowing.
Whether you’re buying your first investment property, building a portfolio, or exploring SMSF property investment, the Collings Property Platform gives you access to off-market opportunities, portfolio tracking, investment tools, and property insights powered by GeeVee AI. Join free today and start building your property future. collings.com.au/portal
Find your next property with Collings
Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.
