Ford Mustang (1st gen Fastback)
1964–1968
Lowest price
$26,000
Since 2020
Median price
$59,650
Since 2020 · n=24
Highest price
$283,000
Since 2020
Sold cars
24
All time
Sell-through
100%
Of 24 lots

Based on 24 verified auction results
$46,875
Market value · recent verified sales
-19.7%
12-month change
Wait or Sell
Prices declining. Sellers should consider acting; buyers should wait.
Median sold price down 19.7% over the last 12 months. Loss is likely to continue, especially for this segment.
MSRP
—
Collectibility
6/10
Collectible
3-Year Forecast
$28,497
-39%
5-Year Forecast
$24,493
-48%
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Market scores
50
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
Option premiums
What every option is worth.
Manual gearbox
+$60,080+101%192 with · 143 without · high confidence
Bucket seats
−$35,790-60%7 with · 437 without · med confidence
Hardtop included
−$21,259-36%21 with · 423 without · high confidence
Limited-slip diff
−$11,930-20%5 with · 439 without · med confidence
Built ≤ 1967
−$10,526-18%324 with · 65 without · high confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The Australian market for first-generation Mustang Fastbacks has contracted sharply, with the median price falling to AUD $46,875—a 19.7 percent decline over the past twelve months. The downward momentum is pronounced and carries a high-confidence sell signal, reflecting broader softness in this segment.
Market liquidity remains thin, with only six sales recorded in the past year against a historical sample of 24 transactions. The absence of active listings currently on the market underscores limited near-term supply, though the small transaction volume makes price discovery inconsistent and suggests buyers should expect extended search periods.
First-generation Mustang Fastbacks occupy the collectible tier with moderate desirability, a positioning that has not insulated the model from recent price pressure. The moderate collectibility score and thin trading conditions mean depreciation risk outweighs appreciation potential in the current cycle.
Projections through 2029 point to sustained downward pressure, with the base case modeling a further 39.2 percent decline to AUD $28,497 by year three. A five-year outlook suggests prices could settle near AUD $24,493, representing a total loss of 47.7 percent from current levels if the depreciation trajectory holds.
Sellers are advised to move inventory while valuations remain above the projected floor. Buyers entering this market should be prepared for a patient acquisition process given low turnover and should not expect near-term appreciation as an exit strategy.
Depreciation Benchmark
- Current avg value$46,875
- Annual appr. rate-19.7%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked535
- Damage or salvage declared0 (0.0%)
- No damage declared535 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)$910
- Maintenance$1,830
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$7,610
For sale now · 6 live
All live deals
1967 Ford Mustang Fastback S-Code 390 4-Speed
US$58,000-25% vs market
US

Fuel-Injected 1972 Ford Mustang Convertible 351
US$5,900-92% vs market
US

302-Powered, GT350-Style 1966 Ford Mustang Fastback 4-Speed
US$42,000-45% vs market
US

38-Years-Owned, GT350-Look 1965 Ford Mustang Fastback Project w/302
US$11,500-85% vs market
US

ProCharged Dart 363ci-Powered 1968 Ford Mustang Fastback 6-Speed
US$52,500-32% vs market
US

1965 Ford Mustang Coupe K-Code 289 4-Speed
US$27,500-64% vs market
US
Market Liquidity
- Active Listings0
- Sales Last 12 Months7
- Sell-Through29%
Market Snapshot
- Active Listings0
- Avg Sale Price$76,392
- Avg Mileage at Sale—
- Recent Price Range$26,000 – $283,000
- Total Sales Tracked24
Recent sales
Showing latest 20$66,000
Collecting Cars · 4 Sept 2026
$34,750
Collecting Cars · 8 Jul 2026
$49,500
Collecting Cars · 12 Mar 2026
$75,000
Collecting Cars · 11 Mar 2026
$26,000
Collecting Cars · 3 Mar 2026
$283,000
Collecting Cars · 7 Nov 2025
$44,250
Collecting Cars · 13 Oct 2025
$90,000
Collecting Cars · 30 Sept 2025
$94,000
Collecting Cars · 8 Sept 2025
$160,000
Collecting Cars · 23 Jul 2025
Common questions
What is a Ford Mustang (1st gen Fastback) worth in 2026?
The current Australia market median is $46,875, based on 6 verified auction sales. Recent sales ranged from $26,000 to $283,000.
Is the Ford Mustang (1st gen Fastback) going up in value?
Over the last 12 months its Australia median moved -19.7%. Past movement is not a guarantee of future value.
How many Ford Mustang (1st gen Fastback)s are for sale right now?
We track 6 live auction listings for this model right now — each priced against the market median on this page.
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.