From Morton’s 30‑year legacy to Penrith’s rapid transformation, David Lipman, Morton’s number one Sales Agent in Penrith, shares what makes this market tick in a recent My88 radio interview.
A 30‑Year Foundation Built on Experience
Morton Real Estate was founded 30 years ago by Mark Morton and his father, growing from its roots in Crows Nest into a network of eight offices across Sydney. This year also marks 10 years of Morton in Penrith, a milestone that reflects the brand’s deep understanding of both established and emerging property markets.
“It’s a tough industry,” David says, “and to last this long, you clearly have to know what you’re doing.”
Today, Morton manages over 3,500 properties across Sydney, including more than 820 properties in Penrith alone, a scale that speaks to trust, consistency and market knowledge.
From Property Management to Market Leader
David’s career has given him a rare, full‑circle view of real estate. Starting in property management and leasing before moving into sales, he understands property from every angle, including investors, landlords, tenants and owner‑occupiers.
Now specialising predominantly in apartment sales, with houses making up an increasing share, David has spent the past seven years focused on Penrith, a suburb he believes is one of Sydney’s most exciting growth stories.
Why Penrith Is One of Sydney’s Most Important Growth Corridors
Penrith is undergoing major transformation, driven by infrastructure investment, affordability and lifestyle appeal.
Key drivers include:
- Western Sydney International Airport
- The expanding Sydney Metro network
- Long‑term planning for Penrith Lakes
- A future hospitality and café precinct
- Proximity to the Blue Mountains and the Nepean River
“Penrith is aspirational, affordable and very community‑driven,” David explains. “There’s so much momentum here, and it’s only getting stronger.”
Real Estate with a Community Heart
What truly sets Morton Penrith apart is its strong connection to the local community.
From monthly free community barbecues to seasonal events drawing hundreds of locals, Morton does not just work in Penrith, it belongs to it. Leftover food is donated to the Penrith Community Kitchen, helping feed those in need, with over $15,000 raised and donated in recent years.
David even brings a touch of his entrepreneurial past into the mix. Before real estate, he famously ran a hot‑dog stand in Canada, now reappearing as “Dave’s Dogs” at Morton’s annual VIP client events.
Trusted Advice, Human Approach
For David, success in real estate is not just about transactions. It is about relationships, trust and long‑term thinking.
Whether you are buying, selling or simply seeking insight into the Penrith property market, David Lipman and the Morton team bring deep local knowledge, proven results and a genuinely human approach.