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Update · 11:27 pm AEST · 10 September 2026

Property settlement scams cost Australians $166.8 million last year

Property settlement scams cost Australians $166.8 million last year
Photograph: Australian Conveyancer

Property settlement scams cost Australians $166.8 million in 2025, marking an increase of more than 9% from the previous year, according to Scamwatch data published by Australian Conveyancer on Tuesday.

A survey by property settlement company PEXA found that 99% of Australians failed to identify a fraudulent email address even when informed the document was a scam.

Settlement scams getting harder and harder to detect - Australian Conveyancer Conveyancer says 'the traditional warning signs people associated with scams are no longer always present'. australianconveyancer.com.au
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Property settlement scams cost Australians $166.8 million last year | The Financial Register Inward Money