Instructions on how to use your online account to tell us about changes to real estate asset details that you manage or own.
Select Update Real Estate when updating your income and assets details to edit, add or remove real estate asset details.
Real estate assets can include a house, unit, vacant land, holiday home or shack, regardless of whether you rent it out or not.
Read more about real estate assets and how they can affect your payment.
Step 1: view your real estate asset details and choose an action
Select update real estate when updating your income and assets details to view a list of your current real estate asset details.
Tell us about changes to your details by selecting:
- Edit pencil icon to update your existing real estate asset details
- Remove bin icon to remove a real estate asset
- Add a property to add a new real estate asset
Step 2: update your real estate asset details
Edit existing real estate asset details
Select the edit pencil action to update existing property details.
Update the property details and select Done to finalise.
The updated real estate asset details will appear in your real estate asset list.
Remove real estate asset details
Select the remove bin action to remove existing real estate asset details.
Provide the details about the sale of your asset.
Select Done to finalise.
The asset you removed will appear greyed out in your real estate asset list.
Select Undo if you’ve removed the wrong details.
Add real estate asset details
Select add a property and enter the details of your new real estate asset. Depending on the type of property, you may need to answer a number of questions.
Select Next to move to the next section.
The new property details will appear in your real estate asset list.
Select Next when your real estate asset list is correct and up to date.
Step 3: review and submit your real estate asset details
Review the changes made to your real estate asset details and read the declaration.
If you agree with the information in the declaration, check accept this declaration.
Select submit to confirm your updated real estate asset details.
We will provide you a receipt number when your update has been submitted.
We will also tell you if evidence is required to confirm your updates. You will have 14 days to provide evidence to us.
Read our step by step guide and submit evidence or supporting documents using your Centrelink online account.
If you are making changes to other categories as part of your income and assets updates, you’ll be asked to update these next.
Read our step by step instructions on how to update your:
- savings details including any savings, cheque, deeming accounts, cash in hand, money loaned or deposit accounts
- share details
- managed investments and superannuation
- other assets including personal effects, boats, caravans, life insurance, livestock and motor vehicles
- other income including lump sum payments, commissions, list interests, grants and scholarships, leave payments and regular gifts you may receive
Step 4: sign out
Select Return to my profile to get back to your profile information.
Select Home to return to your online account homepage.
Select myGov to return to your myGov account.
For your privacy and security, ensure you sign out of your myGov account when you have finished using it.