Property settlement scams cost Australians $166.8 million last year

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.