VIC Real Estate Trust Account Audit for Victoria Agents

In Victoria, the audit period runs from 1 July to 30 June. Consumer Affairs Victoria guidance says trust accounts must be audited each year within three months after 30 June by an approved auditor, using the approved audit report form.

After the approved auditor gives the report to the estate agent, the estate agent must lodge a copy with Consumer Affairs Victoria through myCAV within 10 business days. That myCAV lodgement step is separate from the auditor completing the audit work.

A Victoria estate agent trust account audit must be completed by an approved auditor. CAV guidance describes an approved auditor as a practising public accountant who is a member of CPA Australia, the Institute of Public Accountants, or the Institute of Chartered Accountants in Australia, and not disqualified by a conflict such as keeping, controlling, or having custody of the trust account records.

Consumer Affairs Victoria provides an application to vary the annual audit date from 30 June. This should be treated as a specific audit-date variation process with conditions, not as a general late-lodgement extension. The current CAV guidance should be checked before relying on this pathway.

Consumer Affairs Victoria oversees real estate trust account compliance under the Estate Agents Act 1980 (VIC).

Pricing for Victoria real estate trust account audits starts at $549 + GST per trust account.

AuditsPro keeps real estate trust account audit pricing competitive by using a secure client portal, structured document checklists, digital workpapers, and state-aware review workflows. The efficiency comes from reducing administration, document chasing, and repeated follow-up. It does not mean client services are offshore or that the audit work is reduced.

Client services, audit coordination, and client portal data management are handled onshore in Australia. Client portal audit documents are managed on Australian AWS infrastructure, including the Sydney region, with important audit information protected by encryption in transit and at rest.

The portal gives real estate agencies a structured checklist, secure upload pathway, document tracking, and clearer follow-up requests. That means auditors can see what is missing earlier, review files in a more organised way, and spend less time on manual administration.