.5 past lightspeed (So 1.5c?)...
It's obviously not 1.5c. That's easily determined by comparing 'known distances' and the fact that people *not* making hyperspace trips don't die of old age waiting for the people who do. Even ignoring relativistic effects, the time taken to travel from Coruscant to Kamino would take *decades* at 1.5c (and the Falcon is obviously supposed to be an exceptionally fast ship).
So the question becomes 'point 5 *WHAT* past light speed'? Obviously people in-universe are familiar with whatever scale/metric/measurement is being discussed, but we don't actually have the slightest clue. (RPGs have traditionally considered it a speed factor, that modifies a 'standard' hyperdrive's transit time, such that .5 means it's twice as fast/takes half as long, but it really could be *anything*.)