Interestingly, but perhaps not surprisingly given the state of play in the stock market, the geared superannuation structures we have seen implemented over the past year have almost predominantly involved residential property. Initially there were strong longterm positions of up to 10 years taken on major blue chip equities via self funding installment warrants as well as various commercial properties but residential real property has increasingly emerged as the geared super fund investment of choice. Based upon this observation, this article seeks to outline some of the issues specific to making a geared superannuation investment into residential property.