One of the most popular topics on this blog is to do with real estate. This time, here is an article from 1969, where the vendor for a harbourside mansion at Point Piper thought that an offer of $145 000 was not enough. They wanted $180 000.
The RBA Inflation Calculator would measure the reserve price as being the equivalent of $2 million in todays money. Going by the information I have, median house prices in Sydney in 1969 were roughly $20 000.