Property Advert of the Week: New Cottages at Mt Colah (1968)

An $895 deposit bought you a three bedroom home at Mt Colah in 1968, If you want to live there today, a similar home would cost you at least $1.1 million. That's an easy 100 fold increase in nearly fifty years.




Source: Mel-Ok Constructions Pty Ltd. 1968. "Cottages...Brand NEW brick-veneer" (Advertisement). The Daily Telegraph, June 22: 42.

Property Advert of the Week: Parkes Developments Land Release at Mt Colah (1966)

In 1966, you could snap a block of land at Mt Colah for just a deposit of fifty pounds plus the promise of a quick 40 minute train ride to your city job. Sadly in 2015, that trip now takes an average of 55 minutes.

Source: Parkes Developments Pty. Ltd. "Station Estate Mt Colah" (Advertisement). The Daily Telegraph, February 12: 43.