Frontier and pioneer life -- Australia -- Queensland
These explorers of a new port and future city were deserving of a much
higher and better recognition than was accorded them by either
Government.
The first sale of Bowen town lands was held in Brisbane on October 7th,
1861, when eighty-nine lots were sold, realising £2,083. Many of those
early investors were Brisbane men, well known in business and the
professions. The lots were mostly half-acres in area, and averaged about
£25 to £50 per acre, the first Bishop of Brisbane (Tuffnell) figuring
largely among the land buyers. In 1863 the demand for land called for
several sales, as the town was progressing on account of the large
overlanding of stock and the shipments of supplies for parties taking up
country to the north and west.
A land sale on April 20th, 1863, was held in Bowen, when seventy-nine
lots were sold, realising £1,718; all the lots went above the upset
price. On June 8th, 1863, another land sale took place in Bowen, when
seventy-four lots were sold, realising £1,135; among these were some
country lands in ten-acre lots, which realised the upset price, £3 7s.
6d. per acre. For town lots the upset price was £20 per acre; the
competition for fancy lots was keen enough to run them up to as much as
£100 per lot. Still another land sale had to be held to keep pace with
the growing town, and the demands of speculators. This was held in Bowen
on August 3rd, 1863, when seventy-three lots found purchasers, realising
£2,643. This sale consisted mostly of country lands, put up in lots of
from seventeen to fifty acres, at the upset price of £1 per acre; 1,518
acres were sold at this last land sale. These figures from official
sources testify to the rapidity of the expansion of the new town, and
to the high expectations that were formed as to its future rise and
progress. Many familiar names occur in the annals of the official
register, but most of the purchasers are now dead. Seaward, Marsh, and
Genge, who had a large business as storekeepers, figure extensively as
buyers, also Mr. J. G. Macdonald, James Hall Scott, Korah H. Willis,
Thomas Cavanagh--a well-known celebrity of Bowen--and many other old
identities are called to mind by looking through the list of the first
land buyers in Bowen. Few now remain of those early speculators. The
treasury of the young colony benefited by their ambition to hold land in
the future capital of the north by the sum of £7,579.
Public-domain text, read in full here on John Shaqi.
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