Below is a 1966 newspaper advertisement promoting new estates at Panania, Fairfield West, Merrylands, and Cabramatta. Three-bedroom homes were on offer from £4300 ($8600). According to the RBA Inflation Calculator, that would be equivalent to spending $134,000 in 2024.
Source: Hitter Homes. 1966. Untitled (Advertisement). The Daily Telegraph, October 15: 27.
Note: Advertising goods and services in pounds, shillings and pence was permitted for a two-year period following the introduction of decimal currency on 14 February 1966.
