Have you ever moved to a new house and forgotten to tell your super fund? This small oversight is one of the ways super ends up getting ‘lost’. As the Australian Taxation Office (ATO) explains if you have ever changed your name, address, job or lived overseas, you may have unintentionally lost track of some of your super.
There was $20.8 billion in lost and unclaimed super across Australia as at 30 June 2019, according to the ATO. About $614 million of that belongs to people who live – or have lived – in one of the 10 postcodes in the table below.
Seven of the postcodes are in NSW while the remaining three are in Victoria. Sitting at top spot is 2170 in NSW which includes Casula, Chipping Norton, Hammondville, Liverpool, Lurnea, Moorebank, Mount Pritchard, Prestons and Warwick Farm. There are 13,251 lost and unclaimed accounts totalling a whopping $81 million in these suburbs.
Postcode 3030 in Victoria is not far behind. There are 9,966 lost and unclaimed accounts worth about $72 million in the suburbs which form that postcode – Chartwell, Cocoroc, Derrimut, Quandong, Point Cook, Werribee and Werribee South.
Third on the list is 2560 in NSW which consists of Airds, Ambarvale, Appin, Blair Athol, Bradbury, Campbelltown North, Campbelltown, Cataract, Englorie Park, Gilead, Glen Alpine, Kentlyn, Leumeah, Macarthur Square, Rosemeadow, Ruse, St Helens Park, Wedderburn and Woodbin. There are 11,004 lost and unclaimed accounts in these suburbs totalling roughly $63 million.
If you have ever lived in one of the areas on this list be sure to go on a hunt to find out if any of that lost or unclaimed super belongs to you. In fact, even if you don’t spot a suburb you have lived on in this list it’s worth taking 10 minutes of your time to check for lost super.
Top 10 lost and unclaimed super postcodes
|Ranking||Postcode||State||Suburbs included||Total number of accounts||Total value of accounts|
|1||2170||NSW||Casula, Casula Mall, Chipping Norton, Hammondville, Liverpool, Liverpool South, Liverpool Westfield, Lurnea, Moorebank, Mount Pritchard, Prestons, Warwick Farm||13,251||$81,085,282|
|2||3030||VIC||Chartwell, Cocoroc, Derrimut, Quandong, Point Cook, Werribee, Werribee South||9,966||$72,114,112|
|3||2560||NSW||Airds, Ambarvale, Appin, Blair Athol, Bradbury, Campbelltown North, Campbelltown, Cataract, Englorie Park, Gilead, Glen Alpine, Kentlyn, Leumeah, Macarthur Square, Rosemeadow, Ruse, St Helens Park, Wedderburn, Woodbine||11,004||$63,231,975|
|4||2145||NSW||Girraween, Greystanes, Mays Hill, Pemulwuy, Pendle Hill, South Wentworthville, Wentworthville, Westmead||8,807||$60,764,352|
|5||3977||VIC||Cannons Creek, Cranbourne, Cranbourne East, Cranbourne North, Cranbourne South, Cranbourne West, Devon Meadows, Five Ways, Junction Village, Skye||10,126||$58,918,901|
|6||3029||VIC||Hoppers Crossing, Tarneit, Truganina||8,883||$57,248,692|
|7||2026||NSW||Ben Buckler, Bondi, Bondi Beach, North Bondi, Tamarama||8,105||$56,000,248|
|8||2000||NSW||The Rocks, Millers Point, Parliament House, Sydney, Sydney South, Barangaroo, Dawes Point, Haymarket||8,295||$55,984,758|
|9||2010||NSW||Darlinghurst, Surry Hills||7,493||$55,732,148|
|10||2148||NSW||Arndell Park, Blacktown, Huntingwood, Kings Park, Marayong, Prospect||8,416||$52,838,249|
Source: ato.gov.au. Ranked by number of lost and unclaimed super account values as at 30 June 2019.
How to check if you have lost or unclaimed super
It has become much easier in the past few years to track down any lost or unclaimed super, but you’ll need a myGov account. Here are the steps to follow:
- Go to myGov. If you have an account already log in but if not create one.
- Link your myGov account to the ATO.
- Select ‘Super’. You’ll see all your accounts and this will include any you have lost track of.
If you have any issues accessing online services you can call the ATO on 13 28 65.
Cover image source: Krakenimages.com (Shutterstock)