Saturday, 25 April 2015

Property Advert of the Week: St Ives Quarter Acre Blocks (1967)

In 1967, all you needed was a fifty pound ($100) deposit to own a quarter of an acre of land at St Ives. The blocks of land were priced from just under eighteen hundred pounds ($3600). According to the RBA Inflation Calculator, that would equate to just under $43 000 in today's money.

St Ives April 1 1967 Daily Telegraph 41

Source: Parkes Developments Pty. Ltd. 1967. "Unbelievable - but true! Brand New Estate Priced from £1795 (Advertisement)." The Daily Telegraph: April 1: 41.