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Asset Selection15 August 20245 min read

August 2024: SDA volumes hit new records

NDIA SDA payments rose past $1.2 billion annual run-rate. Investor enquiry into SDA product reached an all-time high.

Why the market normalised

Three years of operating data had clarified the participant-matching, vacancy, and management dynamics. The early-2021 'wild west' was over. SDA had become a real, repeatable, federally-backed yield asset for properly-advised investors.

The fit

SDA suited investors with $1.5m+ portfolios already heavy in capital-growth product, looking to harden cash flow ahead of retirement or borrowing-capacity ceilings. As a 15–25% portfolio overlay it added genuine diversification. As a starter asset it remained unsuitable.

Dax Stanley

Founder & Principal Strategist, Hera Property. #1 international bestselling author of Real Estate Investing Using ChatGPT.