TrustSoft Review Australia 2026

AU-MadeReal Estate Trust Accounting
3.6 / 5SoftwareHQ editorial score

Editorial score, not a user-review average. How we score · How we test

Editorial verdict

Cheapest public trust + AML cards — not a PM suite

TrustSoft still publishes the only cheap public trust-accounting table in this category ($99–$300 ex GST) and a live AML yearly table now at $1,320 / $1,650 / $2,640 ex GST. It does not run a rent roll, inspections or owner portal. Homepage AU storage plus ISO 27001 is stronger than the privacy policy, which still allows overseas transfer. Use it beside a PM platform, not instead of one.

Best for
Commercial agents, conveyancers, auctioneers and other trustees who need specialist trust accounting and a Tranche 2 AML module at a public price.
Not ideal for
Residential agencies that need rent roll, inspections, owner portals or AU-only hosting in one product.
Visit TrustSoft →

SoftwareHQ does not currently have an affiliate arrangement with TrustSoft. Scores are independent of commercial relationships. Affiliate disclosure

Pricing verified 8 Sep 2026 · Hosting verified 8 Sep 2026

By SoftwareHQ Editorial Team — Updated

Overview

TrustSoft is specialist trust accounting $99–$300/mo ex gst plus aml yearly cards. Founded in 2022 and headquartered in Bella Vista, NSW, Australia, it serves Australian businesses with local data hosting and AU-based support.

Feature highlights

These highlights come from vendor documentation and editorial analysis of public sources. They are not firsthand test results or a claim that every listed capability was exercised in a trial.

  • Trust cards still $99 / $150 / $300 ex GST

    Monthly. 1 / 5 / 15 trusts. Automatic bank feeds from Hybrid.

  • AML yearly cards now $1,320 / $1,650 / $2,640 ex GST

    Stored $1,200 / $1,500 / $2,400 dropped. Tranche 2 is in force from 1 July 2026.

  • Not a property-management suite

    No rent roll, inspections, maintenance or owner/tenant portals on official pages.

  • ISO 27001:2022 claimed; AU storage claimed

    Privacy still allows overseas transfer. Cloud vendor unnamed.

  • Xero and .aba on every trust plan

    Audit-ready reports and client statements included.

  • Need your own statutory trust account

    About page: TrustSoft does not take or disburse client funds.

AU Compliance Scores

These scores apply to Australian tax, payroll and banking capabilities where they are relevant to TrustSoft. They are SoftwareHQ editorial judgements from public documentation, not firsthand product tests.

Not applicable means this product type is not scored on that dimension (for example BAS lodgement on a CRM). Not supported means the vendor does not offer it. Unknown means we could not verify it from public sources — that is not the same as unsupported.

BAS LodgementNot applicable

Not a BAS lodge product. Business GST/BAS stays in Xero or another accounting file.

STP Phase 2Not applicable

Not a payroll product.

Payday SuperNot applicable

Not a payroll product.

Modern AwardsNot applicable

Not a payroll or HR product.

GST Handling
2/5Verified

Trust-account transactions and .aba files. Business GST/BAS is via Xero. Subscription GST is extra.

Bank Feeds
4/5Verified

CSV import on Professional. Automatic bank feeds on Hybrid and Ultimate. 50+ AU banks remains vendor copy from earlier pages; the live cards only say automatic bank feeds.

When this was checked

Status as of (page snapshot) against a 90-day review target. Checked dates are not updated when the site is rebuilt.

Editorial article date: . That is not proof that pricing, hosting, or compliance was re-checked.

  • PricingVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au/pricing

    Trust monthly ex GST Professional $99 / Hybrid $150 / Ultimate $300. AML yearly ex GST Pro $1,320 / High $1,650 / Ultimate $2,640 (stored $1,200 / $1,500 / $2,400). Onboarding $300. GST extra.

  • HostingVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au

    Homepage: ISO 27001:2022 and data stored in Australia. Privacy allows overseas storage/processing/transfer. Cloud vendor unnamed. Not AU-only.

  • Aml CtfVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au/pricing

    Yearly AML module in force for Tranche 2. Live cards $1,320 / $1,650 / $2,640 ex GST.

  • Bank feedsVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au/pricing

    CSV import on Professional; automatic bank feeds on Hybrid and Ultimate.

  • GST handlingVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au/pricing

    Cards are ex GST. Business BAS is Xero, not TrustSoft.

  • Trust AccountingVerified

    Verified — checked 8 September 2026.

    trustsoft.com.au/pricing

    Specialist trust product: reports, .aba, Xero, client statements. Not a rent roll.

Pricing (AUD)

All prices below are in Australian dollars and exclude GST. Verified — checked 8 September 2026. Source: trustsoft.com.au/pricing.

Professional Trust
$99/mo
AUD ex GST
Entry trust accounting. Automatic bank feeds are Hybrid+.
  • Trusts: 1
  • Users: 2
  • Bank Feeds: csv_import
Most Popular
Hybrid Trust
$150/mo
AUD ex GST
Most popular trust card.
  • Trusts: 5
  • Users: 5
  • Bank Feeds: automatic
Ultimate Trust
$300/mo
AUD ex GST
Largest public trust card.
  • Trusts: 15
  • Users: 15
  • Bank Feeds: automatic

Estimate first-year cost for TrustSoft

Observed price changes

Recorded when a listed price changed. This is not a complete vendor timeline.

  1. Trust cards unchanged. AML yearly cards now $1,320 / $1,650 / $2,640 ex GST (stored $1,200 / $1,500 / $2,400).
  2. AML/CTF Pro · $1200 → $1320 · Trust cards still $99/$150/$300 ex GST monthly. AML yearly cards now $1,320/$1,650/$2,640 ex GST (stored $1,200/$1,500/$2,400).
  3. Trust cards Professional $99 / Hybrid $150 / Ultimate $300 per month ex GST.

Pros & Cons

Pros

  • Public monthly trust cards $99 / $150 / $300 ex GST
  • Live AML yearly table for Tranche 2 (in force 1 July 2026)
  • ISO 27001:2022 claimed
  • Xero and .aba on every trust plan
  • Automatic bank feeds from Hybrid
  • Australian-based support (with overseas coverage)

Cons

  • No rent roll, inspections, maintenance or owner/tenant portals
  • AML yearly cards rose to $1,320 / $1,650 / $2,640 ex GST
  • Privacy still allows overseas transfer despite AU-storage marketing
  • Cloud vendor, phone number and support hours unpublished
  • No free trial on the pricing page
  • Automatic bank feeds are not on Professional

How this review was made

Reviews separate vendor documentation, editorial analysis and firsthand records. They are not interchangeable.

  • Vendor documentation — Public pages from TrustSoft and other sites. Recorded HTTP(S) URLs are listed under Sources. A source URL is a document we recorded, not a claim that every sentence on this page was checked against that URL.
  • Editorial analysis — SoftwareHQ's written verdict and scores for Australian buyers. The header score is an editorial assessment, not a user-review average, not a lab result, and not a number derived from how many evidence records exist.
  • Firsthand records — This review has no firsthand observation records, trial walkthroughs, or screenshots from a logged-in SoftwareHQ account. Missing tests stay not tested.

This page does not rank products by speed or security from documentation or from evidence count.

Checked by SoftwareHQ Editorial Team. There is no named author profile for this page; attribution stays with the SoftwareHQ editorial team. How we test and the editorial policy for scoring, independence and affiliate rules.

Sources

Public pages recorded when this review was compiled. They are not a checklist that every claim was verified, and they are not evidence of hands-on product testing.

TrustSoft Alternatives

If TrustSoft doesn’t quite fit your needs, consider these alternatives for Australian businesses:

  • PropertyMe — Cloud PM and trust accounting — $149–$215 per 100 properties incl GST. From $149/mo inc GST.
  • Reapit — Reapit PM (Console Cloud) — quote only; AML sits on Sales.
  • REI Cloud (REI Master) — REI Cloud — quote-only AU trust accounting on Azure Sydney/Melbourne.

Frequently Asked Questions

Is TrustSoft compliant with trust accounting regulations in all Australian states?
Vendor copy: state and industry regulatory compliance, audit-ready reports, client ledgers and .aba files. Built for trustees who already hold a statutory bank trust account. Not a rent-roll product.
How much does TrustSoft cost for real estate trust accounting?
Trust cards (8 Sep 2026) are monthly ex GST: Professional $99, Hybrid $150, Ultimate $300. Quickstart onboarding $300. AML yearly cards are $1,320 / $1,650 / $2,640 ex GST. Homepage $1,200 pa AML copy is stale versus those cards.
Does TrustSoft help with the upcoming AML/CTF Tranche 2 requirements?
Tranche 2 has been in force since 1 July 2026. TrustSoft still sells a yearly AML/CTF module (CDD, PEP/sanctions, SMR/TTR, training). Live prices are $1,320 / $1,650 / $2,640 ex GST.
How does TrustSoft compare to PropertyMe?
TrustSoft is specialist trust accounting and AML priced per trust. PropertyMe is a full PM suite priced per 100 properties with inspections and owner/tenant apps. They are not substitutes.
Does TrustSoft integrate with Xero?
Yes — named on every trust plan card.
Where is TrustSoft data hosted?
Homepage claims Australian storage and ISO 27001:2022. Privacy still allows overseas storage, processing or transfer and does not name a cloud vendor. Not AU-only.

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