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Penny Costa

Business Development Manager / Associate Director

Commencing Real Estate in 1995 Penny has had a  winning career in Property Management and Business Development over the many years. 

Penny is a highly renowned professional with a string of prestigious industry awards since 1996. As Ray White Victoria/Tasmania’s Number One Property Manager & Business Development Manager for 20 consecutive years, she is a driving force behind Ray White Oakleigh’s multi-awarded team – one which sits within the upper echelons of the wider company as the Number One Property Management Team. 

A local resident for most of her life, and with more than 23 years’  at Ray White Oakleigh, Penny possesses unmatched local experience and success in the Asset Management field. A dedicated and unique approach has Penny and the specialist team consistently achieving the highest possible returns in the shortest possible timeframes. Her extensive knowledge of the industry – and how best to capitalise on it – have seen her develop a large, loyal client base, one which continues to grow due to numerous commendable recommendations by satisfied, successful investors.

Penny's authentic approach when meeting clients develops excellent rapport from the moment they meet and sustains long  trusting relationships with valued clientele. 

She also enjoys meeting new clients and discussing their individual goals in terms of both short and long-term financial security. She draws on extensive resources – personal, office and network-based – to advise on and achieve them. Penny combines a warm personality and infectious energy with standards of professional excellence that set the benchmarks others try to follow.


  • 2021/2022 - 25 Year Service Award
  • 2019 - REB Women in Real Estate Business Development Manager of the Year
  • 2017 - 20 Year Service Award
  • 2017 - Property Management Business Development Manager of the Year
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