David Lipman was recently featured on The Real Estate Podcast, sharing insights into Sydney’s remaining pockets of affordability. With a particular focus on Penrith and Western Sydney’s long‑term growth potential.
In the episode, David explored how increased development activity around major transport hubs, combined with ongoing infrastructure investment, is creating new opportunities for buyers. Recent approvals for transport‑oriented developments near Penrith Station are boosting housing supply while also improving accessibility to the Sydney CBD, with express services connecting Penrith to Central in under an hour.
This rise in supply is opening doors for both first home buyers and investors looking to enter the market at a more accessible price point. At the same time, David noted early signs of price momentum, with local median apartment and house prices already recording weekly increases, a signal that buyer demand is responding quickly.
Looking ahead, David highlighted the significant role the upcoming Western Sydney Airport is expected to play in driving activity, employment and housing demand across the region. With Penrith located close to the airport precinct, the long‑term outlook remains strong.
As David shared on the podcast, “In ten to fifteen years, unit prices will double pretty much no matter where you buy in Penrith.” It’s a powerful reminder that affordability today often underpins tomorrow’s strongest growth stories.
🎧 Listen to David Lipman’s full discussion on The Real Estate Podcast here