Our services

Buyers advisory.

Australia's first specialist off-the-plan buyers agency & advisory service. We sit on your side of the table for the entire transaction, and we back our full service with a performance guarantee: if we do not save you our fee, you do not pay.

Why a specialist

Everyone at the table has an expert. Except you.

Australia's first

The first specialist off-the-plan buyers agency and advisory service in the country, built for off-the-plan from the ground up.

Every side of the table

We have sat as buyer's agent, selling agent and vendor advisor, so we know how an off-the-plan deal looks from every seat.

Developers ourselves

Not just former agents. We actively develop off-the-plan, so we read pricing, contracts and finishes the way they are written.

Performance guaranteed

Our full-service fee is 2% of the purchase price. If we do not save you at least that, you do not pay.

In an off-the-plan purchase, every party has professional representation except one. The developer has a sales team. The selling agent works for the developer. The financier protects the lender. The buyer has a lawyer for the contract - but no one working in their commercial and buying interests, and no one guiding them through the parts of the decision that are not legal at all.

Penny Black exists to change that. We work exclusively in off-the-plan, and our directors spent their careers inside it - selling projects for developers, structuring development finance, and advising vendors. We know how off-the-plan pricing is built and what represents fair value, because we have priced and sold these projects ourselves.

No other buyer's agent in the market combines more than a decade of experience selling and marketing off-the-plan with active experience as a developer. That is the advantage we put on your side of the table.

The specialist difference

You don't know what you don't know.

An off-the-plan purchase is never just the property. There are six layers to every transaction, each largely invisible to buyers, and each one a place we have worked.

01

The price

Off-the-plan prices are set to fund the project, not to reflect the market. We know how the price list was built, what comparable projects are achieving, and what represents genuine value.

02

The contract

Hundreds of pages drafted to protect the developer. We work through sunset clauses, variation rights, finishes schedules, and the terms that decide what happens when things change.

03

The developer

The render does not tell you who is building it. We assess the developer's track record, the builder's delivery history, and the team behind the project before you commit a deposit.

04

The funding

A project is only as sound as its finance. We understand how developments are funded and what a project's funding status means for your deposit, your timeline, and your settlement.

05

The layout

Floor plans reward a trained eye, and the work is twofold. First we identify the best opportunity within a development. Then we improve the layout and amenity of the apartment you select - orientation, outlook, usable space, and how it will live and hold its value.

06

The materiality

Specifications decide how a building lives and ages. We read finishes schedules the way developers write them, and flag where quality has been engineered out of the project.

How we can act for you

Three ways to work with us.

Every engagement begins with a conversation about where you are and what you need. From there, we act in one of three capacities.

Full Service
01

Full Service

Performance guarantee included

End-to-end buyer's agency. From shortlisting to settlement, we manage every step. Includes our performance guarantee - if we do not save you our fee, you do not pay.

Negotiation Only
02

Negotiation Only

Already found your property? We step in to negotiate the best possible terms. Access our developer relationships and market intelligence without the full-service engagement.

Professional Consultancy
03

Professional Consultancy

Independent advice for buyers who want expert guidance without full representation. Ideal for a second opinion on pricing, contract terms, or development quality.

Engagement structures and fees are tailored to your situation. We walk you through exactly how it works on the discovery call, before you commit to anything.

The Penny Black guarantee

If we do not save you our fee, you do not pay.

Our full service fee is 2% of the purchase price. Because we have priced, sold and developed off-the-plan ourselves, we know how these deals are structured and what represents fair value - so we back ourselves to negotiate a better outcome than you could alone, and to save you more than we cost.

A property advertised at $2,000,000? We need to secure it for $1,960,000 or less. Otherwise, our fee is waived.

Our performance guarantee applies to our full-service engagement. Subject to terms and conditions, set out in your engagement agreement.

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Fil Gacesa
Your buyer's agent

Led by 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 sold projects for CBRE, Knight Frank, and Marshall White, led sales and marketing for developers, and now develops his own projects - so he knows how developments are priced, marketed, and sold, because he has done all three.

14+
Years in project sales
25+
Major projects
4
Own developments
Read Fil's full experience
The Penny Black Way

Value before the search even begins.

Our onboarding process starts delivering from the day you engage us - well before we inspect a single property.

Organise a valuation for your current home

Provide the size and floorplan of your current living

Visit your home and review how the space is used

Discuss your criteria, budget, and what matters most

Recommend the size and type of property to pursue

Identify the suburbs where size and budget work

See the full process

Frequently asked questions.

Everything you need to know about working with Penny Black. Can't find what you're looking for? Book a discovery call and we'll walk you through it.

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What is a specialist off-the-plan buyer's agent?

We focus exclusively on off-the-plan property purchases - apartments and townhouses that are yet to be built or are under construction. Unlike generalist buyer's agents, we have direct developer relationships and experience on both sides of the transaction, which means better pricing and terms for our clients.

How does the performance guarantee work?

On our full-service engagement, our fee is 2% of the purchase price. If we cannot demonstrate savings of at least that amount against the developer's asking price, you do not pay our fee. The guarantee applies to the full-service engagement and is subject to the terms of your engagement agreement.

Do I need to have found a property already?

No. Our full-service engagement covers everything from shortlisting properties to settlement. If you have already found something, our negotiation-only service lets us step in at the point that matters most.

What areas do you cover?

We are Melbourne specialists and service clients across Australia. Our deepest relationships are in the Melbourne off-the-plan market, but the Penny Black method travels - wherever you are buying off-the-plan, the same process applies.

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 you are looking for, and whether we are the practice to help you find it.

Book a discovery call