Real estate trust accounting for Victoria agencies
Whether you're a Melbourne agency or operating across regional Victoria, we keep your trust account accurate, reconciled and audit-ready — without the overheads of in-house staff.
Compliant with VIC requirements
Every VIC real estate agency must run its trust account in line with the Estate Agents Act 1980, with oversight from Consumer Affairs Victoria. We configure your accounts correctly, reconcile daily and maintain the documentation that keeps you inspection-ready and makes audit time straightforward.
Daily receipting & reconciliation
Your VIC trust account receipted and reconciled every day, with anything that needs attention flagged before it becomes a problem.
Audit preparation
We keep your accounts configured and documented to satisfy Consumer Affairs Victoria, so audits are a formality rather than a scramble.
EOM & disbursements
End-of-month processing, owner and creditor payments and ad-hoc disbursements handled accurately on your behalf.
What's different about trust accounting in Victoria
Trust accounting rules are set state by state, and the differences are more than cosmetic — they change when money has to move and when reports fall due. Here's what VIC asks of you.
| Regulator | Consumer Affairs Victoria |
|---|---|
| Governing legislation | Estate Agents Act 1980 |
| Bonds lodged with | the Residential Tenancies Bond Authority (RTBA) |
| Bond lodgement deadline | Within 10 business days of receiving the bond from the renter |
| Trust audit year | 1 July – 30 June |
| Audit lodgement | Audited within three months of 30 June by an approved auditor |
Victoria adds a reporting obligation most states do not have. If you become aware of a deficiency in a trust account or trust ledger account, you must notify both Consumer Affairs Victoria and your auditor within three business days. That is a very short window, and it only works in practice if your reconciliations are current enough to surface a shortfall within days rather than at month end. Victoria also requires an approved auditor — a practising public accountant who is a member of CPA Australia, CA ANZ or the Institute of Public Accountants.
General information current as at July 2026, not legal advice — always confirm against the regulator. Source: Consumer Affairs Victoria — auditing estate agents trust accounts.
Serving agencies across Victoria
From Melbourne, Geelong and regional Victoria, we support VIC agencies of every size — whether you manage under 100 properties or several thousand.
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