Home & Interiors

  • Written by Heidi Cuthbert


Australian women are missing out on millions of dollars of property equity because they don’t understand basic construction principles, according to a building tech startup aimed at women.

 

The online information portal, Build in Common, was established by a tech entrepreneur from Perth and a commercial construction CEO from Melbourne to empower women to build wealth and financial independence through property upgrades and development.

 

“The construction sector is the most male dominated industry in the country. It has a jargon that often locks women out of the conversation - we are giving them the keys,” said co-founder Justine Teggelove.

 

According to the Property Council of Australia, 47 per cent of investment properties are owned by women.

 

However, despite the high proportion of investment property ownership, co-founder Pia Turcinov says women are shortchanging their potential equity growth by avoiding undertaking projects, or outsourcing tasks they could do themselves.

 

“Women are capable of more than just painting and buying soft furnishings. We want to help women project manage the trades for their renovation, or even have the confidence to coordinate an entire subdivision or commercial development,” said Ms Turcinov.

 

Build in Common is an online platform and marketplace with a digital toolbox of information kits that explain specific areas of construction.

 

The first to be made available is the Kitchen Toolkit, which will appeal to women who want to overhaul or update their kitchen.

 

“A kitchen renovation can add significant value to a property, but if you outsource every aspect of the development you can easily over capitalise. Our toolkits will give women the confidence to optimise every improvement they make to their property,” said Ms Teggelove.

 

Build in Common was founded by Justine and Pia following numerous requests from women around the country to provide advice about developing property.

 

Justine is CEO of Melbourne-based commercial construction firm Rodine Australia - a company that lists Westfield and Melbourne Airport among its clients.

 

Pia is a former commercial lawyer, entrepreneur and Chair of Women in Technology Western Australia, a not-for-profit organisation that encourages diversity and supports women and young people in technology, science and innovation.

 

For more information go to www.buildincommon.com

The Viw Magazine

Sick and Tired of Your Dead End Job? Try Teaching!

Tired of the same old grind at the office? Want an opportunity to impact lives both in your community and around the world? Do you love to travel and have new experiences? Teaching English is the perf...

News Company - avatar News Company

LifeStyle

Yvonne Allen: Eight ways to super impress someone on a first date

According to Yvonne Allen well known relationship mentor, psychologist and matchmaker, a first dat...

Picking The Right Crystal Yoni Egg: Tips And Instructions

When you are ready to pick your own crystal yoni egg, you need to decide what you will use it for...

Top 5 Tips for Paddleboarding In Whitewater

Paddleboarding can be relaxing as well as intense. If you occasionally want to do something differen...

3 Most Promising Career Occupations for Graduates in 2019

Studying in college is a great adventure which opens up lots of career opportunities. Yet, at times...