From prosolution.com.au: Borrowing to invest in property through SMSFs has shown asset growth, but the potential benefits are often overstated, particularly regarding CGT advantages and negative gearing.

While investing in property within SMSFs can avoid CGT if held until retirement, the associated costs and lower gearing ratios can diminish returns compared to personal property investments.

Overall, investing personally is generally more economical, and careful consideration of liquidity and long-term goals is essential for those contemplating property investments in super.