RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

Land Allotment in Concord West, 1836-1910

Shown are some fascinating documents relating to the early allotment and then subdivision of Government land in the Concord West area between 1836 and 1910. Roughly speaking, the average wage in 1890 was around 600 pounds, so a propertywould cost you around 3months salary (loans were often paid at around 5% over 3-5 years, with interest calculated on the balance monthly). You wouldn’t find a block for less than a million today.

The reference to ‘Lovesdale Estate’ is the southern side of Victoria Ave where the Holy Trinity Church now stands (to the north was Brunswick Park). The only local reference to Brunswick Park that remains isthe small park in Liberty Grove.

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Finance Guide, Cropped Top and Bottom
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