Below is a 1969 newspaper advertisement for a house and land package on offer at Penrith. The area is currently in South Penrith and would encompass the neighbourhood that is home to the Jamison Hotel and close to Jamison Park.
The package included a 3-bedroom brick veneer home on a block of land. According to the RBA Inflation Calculator, this was equivalent to spending $155,000 in today's money, which is very good value for money.
Source: Lancelot Homes. 1969. "Penrith $10, 575" (Advertisement). The Daily Telegraph, July 12: 28.
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