Below is a 1962 newspaper advertisement from Mala Homes. House and land packages were on offer at Baulkham Hills, Pendle Hill and Liverpool. Deposits started from £595 ($1190) at Liverpool to £845 ($1690) at Baulkham Hills.
In todays money according to the RBA Inflation Calculator , the deposit was approximately $18 200.
Source: Mala Estate Agency Pty. Ltd. 1962. "Mala Homes" (Advertisement). The Daily Telegraph, April 14: 43.
My parents bought a MALA house in Rydalmere in 1963 in a new street of 33 dwellings they offered for sale off the plan. I’m interested to know more about the company and their background.
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