David Lipman’s Success Story – 98 Racecourse Road, South Penrith

Sold 20th October 2025 | by David Lipman

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In a market where auctions are still uncommon, Morton Real Estate delivered an outstanding result with the sale of 98 Racecourse Road, South Penrith, thanks to the expertise of Sales Executive David Lipman and his team. This spacious five-bedroom, two-bathroom home with six car spaces sold for $1,305,000, exceeding the vendor’s expectations by $40,000.

38

Groups inspected

26

Days on Market

16

Contracts issued

12

Enquiries

$1,305,000

Sold Price

The vendors were looking to upsize and wanted a hassle-free process with the best possible price. Auctions in Penrith can be challenging due to buyer demographics, but David’s confidence in the auction method and proactive engagement with buyers ensured a successful campaign. His strategy focused on keeping buyers informed and motivated, even persuading hesitant bidders to attend on auction day.

The campaign included online advertising on realestate.com.au, two weekly open homes, and private viewings. With 38 groups inspected, 9 viewings, and 16 contracts issued, the property attracted strong interest and competitive bidding on the day. The result? A sale price that exceeded expectations and left the vendors thrilled.

This success story highlights the importance of trusting the auction process, maintaining buyer engagement, and leveraging expert negotiation skills. For David Lipman and the Morton team, turning challenges into record-breaking results is what sets us apart in Sydney’s evolving real estate market.

David Lipman

Sales Executive