In 1968, Parkes Developments were selling 1/2 acre blocks of land to build your dream home at St Ives.
According to the map, the lots were on sale in Palm Street, Hassell Street, Mawson Street, and what I think when compared with current maps would be Monterey Street, Ashlar Street and Wembury Road. I have included a Google Maps reference.
$5000 would equate to the equivalent of $ 63 422 in todays money according to the RBA Inflation Calculator.

Source: Parkes Developments Pty. Ltd. 1968. "Land at St. Ives: (Advertisement). The Daily Telegraph, March 16: 39.
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