Overview
TrustSoft is specialist trust accounting & aml/ctf compliance for au real estate agents. Founded in 2022 and headquartered in Bella Vista, NSW, Australia, it serves Australian businesses with local data hosting and AU-based support.
Specialist trust accounting & AML/CTF compliance for AU real estate agents
AU Compliance Scores
BAS Lodgement0/5
STP Phase 20/5
Payday Super0/5
Modern Awards0/5
GST Handling2/5
Bank Feeds4/5
Modern Awards NoteNot applicable — no payroll or HR functionality.
Pricing (AUD inc. GST)
All prices below are in Australian dollars (GST not included). Pricing verified as of 2026-03-20.
Professional Trust
$99/mo
AUD exc GST
Entry-level trust accounting with CSV bank feed import, asset management, client statements, automated audit reports, regulatory compliance, .aba file generation, Xero integration, and audit trails. Suits small agencies with a single trust account.
- Trusts: 1
- Users: 2
- Bank Feeds: csv_import
Most Popular
Hybrid Trust
$150/mo
AUD exc GST
Most popular plan. Adds automatic bank feeds (syncing with 50+ AU banks) and support for up to 5 trust accounts. Suits growing agencies managing multiple trust accounts across different property types.
- Trusts: 5
- Users: 5
- Bank Feeds: automatic
Ultimate Trust
$300/mo
AUD exc GST
Full-scale trust accounting for larger agencies with multiple trust accounts. Automatic bank feeds, up to 15 users, and all core features included. Suits multi-office or high-volume agencies.
- Trusts: 15
- Users: 15
- Bank Feeds: automatic
Pros & Cons
Pros
- Specialist trust accounting focus with state-specific compliance modules for NSW, VIC, QLD, WA, and SA — deeper regulatory coverage than general-purpose PM tools
- Dedicated AML/CTF Tranche 2 compliance module purpose-built for the July 2026 AUSTRAC deadline, including KYC/CDD, PEP screening, and suspicious matter reporting
- Affordable entry point at $99/month (ex GST) for a single trust account — significantly cheaper than full property management platforms for agencies that only need trust accounting
- Automatic bank feeds syncing with 50+ Australian banks on Hybrid and Ultimate plans, with instant discrepancy flagging to prevent audit penalties
- ISO/IEC 27001:2022 certified with multi-factor authentication and data encryption — a security credential many competitors lack
- Mixed-use commercial portfolio management tracking shopping centres, offices, venues, and commercial properties in one platform
- Xero integration plus CSV/Excel import from MYOB and QuickBooks allows flexible accounting workflows
- Australian-based support team with global time zone coverage and AI-powered chat assistance
Cons
- No property management features — no rent roll management, inspections, maintenance tracking, lease renewals, or tenant/owner portals. Agencies need separate PM software.
- Relatively new to market (parent company registered 2022) with limited user reviews and market track record compared to established players like PropertyMe
- Small integration ecosystem (Xero, bank feeds, CSV import) compared to PropertyMe's 70+ integration partners
- Data sovereignty unclear — privacy policy allows data transfer outside Australia but doesn't specify where data is primarily hosted or which cloud provider is used
- No free trial publicly advertised — only demo available on request, making it harder for agencies to evaluate before committing
- Support hours and phone number not publicly listed on website, requiring direct inquiry
- Professional plan limited to CSV bank feeds only — automatic bank feeds require the $150/month Hybrid plan
Who Is TrustSoft Best For?
- Commercial Real Estate
- Compliance Focused
- Small Agency
- Mixed Use Portfolio
TrustSoft may not be the best fit for:
- Residential Property Management
- All In One Seekers
- Large Enterprise
TrustSoft Alternatives
If TrustSoft doesn’t quite fit your needs, consider these alternatives for Australian businesses:
- PropertyMe — Australia's largest cloud property management & trust accounting platform. From $149/mo inc. GST.
- Reapit — All-in-one real estate platform for sales, PM & trust accounting. From $225/mo inc. GST.
- REI Master — Integrated trust accounting & property management for AU real estate agencies.