AML Changes Are Coming to Real Estate: Here’s What It Means For Property Buyers And Sellers

AML Changes Are Coming to Real Estate: Here’s What It Means for Property Buyers And Sellers

You may have started hearing more about AML, or Anti-Money Laundering, reforms and what they’ll mean for buying and selling property.

The good news is that for most people, there’s nothing to worry about.

From 1 July 2026, new Australian laws will require real estate agencies to complete additional identity verification checks before providing certain services. While this may mean a few extra steps along the way, the purpose is simple: to help make property transactions safer, more secure and more transparent.

For buyers and sellers, the experience is expected to be straightforward. Much like opening a bank account or applying for finance, you may be asked to provide identification documents so your identity can be verified.

At Peake, we’re already preparing for these changes. Our team is undertaking industry training, updating our processes and ensuring we’re ready well before the new requirements come into effect. Our goal is to make the transition seamless and continue providing the professional, personalised service our clients expect.

Ultimately, these reforms are about building greater confidence in Australia’s property market. While there may be a little more verification involved, the benefit is a stronger and more secure system for everyone.

As always, if you have questions about the property market or upcoming industry changes, our team is here to help.

A few extra checks. A lot more confidence.