About Penny Black

The practice.

Australia's first specialist off-the-plan buyers agency & advisory service. Decades of experience on every side of the transaction, and a performance guarantee on our full-service engagement.

Our story

Built from sitting on both sides of the table.

1st
Of its kind in Australia
60+ yr
Combined experience
2%
Fee, performance guaranteed

Penny Black exists because of a gap we saw from the inside. In an off-the-plan purchase, you have a lawyer for the contract - but no one working in your commercial and buying interests, and no one guiding you through the parts of the decision that are not legal at all.

We have sat on every side of an off-the-plan transaction - as buyers, as developers, and as agents. So we know the things you cannot know from the outside: how a floor-plan can be improved, where quality is won or lost, which contract terms actually matter, and what represents fair value. It is the you-don't-know-what-you-don't-know that costs buyers the most, and it is exactly where we add it back.

We back it with a simple guarantee: on our full-service engagement, our fee is 2% of the purchase price, and if we do not save you our fee, you do not pay.

Penny Black client
For every kind of buyer

Confidence at every stage.

From your first purchase to your next move, we turn the uncertainty of buying off-the-plan into clarity - and the confidence to act.

Book a discovery call
Meet the directors

Two perspectives. One practice.

Penny Black brings buyers advisory and vendor advisory under one roof - led by people who have sat on every side of an off-the-plan transaction, united by a shared standard of client care.

The Penny Black directors
Fil Gacesa

Fil Gacesa

Co-Founder & Buyer's Agent

Fil leads the buyers advisory practice. He knows how off-the-plan projects are developed, structured, priced, marketed and sold - because he has done all of it. That insider view is what lets him see the value, the quality and the risk that others miss.

Jeff Anderson

Jeff Anderson

Head of Vendor Advisory

Jeff leads vendor advisory. With over 40 years in real estate and more than 4,000 auctions personally conducted, he represents you on the sale of the home you are leaving - the conduit between you and the selling agent, keeping the campaign accountable to your result.

Fil Gacesa
Director experience

Fil Gacesa.

Co-Founder & Buyer's Agent

More than a decade inside Melbourne's off-the-plan market, on every side of the table. Fil has sold and marketed off-the-plan projects, led sales and marketing for developers, and now develops his own - so he knows how developments are developed, structured, priced, marketed and sold, because he has done all of it.

14+
Years in project sales
$500m+
Represented
$200m
Developed
4
Own developments
2011201620212026
Off-the-plan sales & marketing2011 - 2026
Development2019 - 2026

Credentials

MBA, Marketing & Finance
Diploma of Finance & Mortgage Broking Management
Full Real Estate Licence
Agents Representative Certificate

Notable projects

Kooyongkoot, HawthornAus 108Melbourne SquareThe WilliamStudio NineRoyal ComoToorak ParkQueens DomainThe CarlileSerpells Place
Jeff Anderson
Vendor advisory experience

Jeff Anderson.

Head of Vendor Advisory
Full career history to follow.

Jeff brings over 40 years of real estate experience to the practice - a multi-award winning auctioneer who has personally conducted more than 4,000 auctions, vendor advised on TBA+ transactions, and trained hundreds of agents. As head of vendor advisory, he is the conduit between you and the selling agent, keeping the campaign accountable to your result.

40+
Years in real estate
4,000+
Auctions conducted
100s
Of agents trained
1985199920122026
Real estate, auctioneering & vendor advisory1985 - 2026

Credentials

Multi-award winning auctioneer
More than 4,000 auctions personally conducted
Vendor advised on TBA+ transactions
Trainer of hundreds of agents across the industry

Advisory expertise

Vendor advocacyAgent selectionAuctioneeringPrivate sale negotiationAuction biddingCampaign strategy
Our values

What guides every engagement.

Four principles shape every conversation, every recommendation, and every outcome. They are not aspirational - they are how we operate, every day.

Fil Gacesa and Jeff Anderson
01

Trust

Built through discretion, clarity, and consistency. We earn it over months and protect it over years. Every recommendation is made with your interests as the only consideration.

02

Expertise

Demonstrated through experience and insight, not credentials on a wall. We know the off-the-plan market because we have worked inside it for decades.

03

Integrity

Our fee structure is simple, our advice is never conflicted, and our loyalties are never divided. Transparent, ethical, and client-first in every interaction.

04

Confidence

Calm assurance rather than overt promotion. We do not sell urgency. We provide the clarity that makes good decisions feel natural.

Common questions

Questions, answered plainly.

What exactly does Penny Black do?

We are Australia's first specialist off-the-plan buyers agency and advisory service. We sit on your side of the table through an off-the-plan purchase - assessing the project, the contract, the floor plan, the pricing and the value, and guiding the decisions that are not legal at all but cost buyers the most.

How is this different from the selling agent at the display suite?

The agent at a developer's display suite is engaged by and paid by the developer. Their obligation is to the developer, not to you. We are engaged by you, paid by you, and our loyalty is never divided. We exist to protect your commercial and buying interests.

How does your fee structure work?

It is simple and transparent. On our full-service engagement our fee is 2% of the purchase price, and we back it with a guarantee: if we do not save you our fee, you do not pay. There are no conflicted commissions and no hidden incentives.

Do you only work on off-the-plan purchases?

Off-the-plan is our specialism, and it is where the you-don't-know-what-you-don't-know costs buyers the most. It is also where decades of experience on every side of the transaction - as buyers, developers and agents - makes the biggest difference to the outcome.

How do we get started?

Every engagement begins with a complimentary 15-minute discovery call. It is an unhurried conversation about where you are in your thinking, what would make the move feel right, and whether we are the practice to help you make it. No agenda but yours.

Begin with a conversation

A 15-minute conversation. No agenda but yours.

The discovery call is how we start every engagement. A complimentary, unhurried conversation about where you are in your thinking, what would make this move feel right, and whether we are the practice to help you make it.

Book a discovery call