Base sedan models started at approximately $2,500–$2,600. Keep in mind at this stage Australia was still a few years away from moving to the pre-decimal currency system
The EH featured all-new body styling, refined interiors, and the introduction of Holden’s first “Red” 6-cylinder engine, improving performance and smoothness. Exterior and interior styling was very similar to the previous EJ Holden. Many can not tell the two cars apart.
It was a modern, stylish, and reliable family car, reinforcing Holden’s dominance in the Australian market
The EH Holden is one of the best known early Holdens. It was also one of the best selling Holdens of all time.
It was also one of the first Holdens to be produced as a station wagon in high numbers.
Average wage
Average weekly wage: about $28–$30
Average annual wage: roughly $1,456–$1,560
Average house price
Around $6,800–$7,000
Price of petrol
About 6 cents per litre
Prime Minister
Robert Menzies (Liberal Party)
Population of Australia
About 10.9 million people
Top-grossing movie
Cleopatra, The Great Escape
Top song
She Loves You by The Beatles topped Australian charts
Significant world event
Early 1960s Cold War tensions; space race gaining momentum
Economic growth and suburban expansion continued in Australia
Popular TV / radio in Australia
Bandstand, local news, and emerging variety shows on TV
Radio remained essential for music, news, and sports, especially outside major cities
Significant Australian news story
Suburban development and rising car ownership were key domestic topics
The EH Holden marked a major leap in performance and refinement, appealing to families and first-time car buyers
Interesting comparisons
The EH Holden cost roughly 0.9–1 year’s average wage, making it slightly more premium than the EJ
The average house cost about 4.5 years’ wages
Filling a ~40L tank cost roughly $2.40
A week’s wages could buy roughly 470–500 litres of petrol
