Bank of New South Wales building, Yungaburra

Bank of New South Wales Building, Yungaburra
Bank of New South Wales Building, Yungaburra
	Bank of New South Wales Building, 1993
Location	27 Atherton Road, Yungaburra, Tablelands Region, Queensland, Australia
Coordinates	17°16′16″S145°34′58″E / 17.2711°S 145.5828°E Coordinates: 17°16′16″S145°34′58″E / 17.2711°S 145.5828°E
Design period	1900 - 1914 (early 20th century)
Built	c. 1914
Queensland Heritage Register
	Official name: 27 Atherton Road, Yungaburra, Bank of New South Wales
Type	state heritage (built)
Designated	21 October 1992
Reference no.	600468
Significant period	1910s (fabric); c. 1914-1967 (historical use)
	Location of Bank of New South Wales Building, Yungaburra in Queensland Bank of New South Wales building, Yungaburra (Australia)

Last updated March 13, 2019

Bank of New South Wales is a heritage-listed former bank building at 27 Atherton Road, Yungaburra, Tablelands Region, Queensland, Australia. It was built c. 1914. It was added to the Queensland Heritage Register on 21 October 1992.^[1]

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.

The Tablelands Region is a local government area in Far North Queensland, Australia inland from the city of Cairns. Established in 2008, it was preceded by four previous local government areas which dated back more than a century. On 1 January 2014, one of those local government areas, the Shire of Mareeba, was re-established independent of the Tablelands Region.

Queensland is the second-largest and third-most populous state in the Commonwealth of Australia. Situated in the north-east of the country, it is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean. To its north is the Torres Strait, with Papua New Guinea located less than 200 km across it from the mainland. The state is the world's sixth-largest sub-national entity, with an area of 1,852,642 square kilometres (715,309 sq mi).

History

The former Bank of New South Wales is a single storeyed timber building erected c. 1914 for local timber merchant Arthur Herbert Belson on the corner of Atherton Road and Cedar Street. For over fifty years, it housed the local branch of the Bank of New South Wales.^[1]

The Bank of New South Wales (BNSW), also known commonly as The Wales, was the first bank in Australia, being established in Sydney in 1817 and situated on Broadway. During the 19th and early 20th century, the Bank opened branches first throughout Australia and Oceania. It merged with many other financial institutions, finally merging with the Commercial Bank of Australia in 1982 to form the Westpac Banking Corporation.

Yungaburra, previously known as Allumbah (meaning red cedar) Pocket, was surveyed in 1886 by Surveyor Rankin as part of a government village settlement scheme. In 1910, the Cairns to Millaa Millaa railway reached the town, which was renamed to avoid confusion with another similarly named town. In 1926, the Gillies Highway between Cairns and Gordonvale was opened. Fuelled by the resulting tourist trade to the nearby lakes, the town experienced a second period of development.^[1]

The Tablelands line is a railway line in North Queensland, Australia. It was opened in a series of sections between 1887 and 1916. It commences at Cairns and at its maximum extent, reached Ravenshoe at the southern end of the Atherton Tableland. The rail system served by this line was unusual for Queensland in that the majority of lines that connected to it were built by private companies and later purchased by the Queensland Government.

The Gillies Highway is a road that runs from Gordonvale in the Cairns Region through the Gillies Range to Atherton in the Tablelands Region, both in Queensland, Australia. It is also known as the Gillies Range Road and was originally known as the Cairns Range Road.

Cairns is a city in the Cairns Region, Queensland, Australia. It is on the east coast of Far North Queensland. The city is the 5th-most-populous in Queensland and ranks 14th overall in Australia.

In 1914, the building which was sited opposite the new Yungaburra railway station, was leased to the Bank of New South Wales. Previously the Bank had occupied temporary premises in the town. In 1921, the property was purchased by the Bank. Photographs at this time show the building to be single skinned. According to local folklore, the bank was part of a New Year's Eve prank, in which the railway gates were removed, taken across the road, and left on the awning of the bank. This was regarded as a feat of strength on the part of the young people of the town.^[1]

In 1965, the Yungaburra branch was converted to an agency attached to the Atherton branch of the Bank. In 1967, the agency was closed and the property sold by the Bank of New South Wales in the following year. It was acquired by the present owners in 1988.^[1]

Description

This single-storeyed timber building with a corrugated iron gable roof is located on the corner of Atherton Road and Cedar Street in the centre of Yungaburra. Originally an exposed framed, single skin building, it has been clad in chamferboard.^[1]

Gable Generally triangular portion of a wall between the edges of intersecting roof pitches

A gable is the generally triangular portion of a wall between the edges of intersecting roof pitches. The shape of the gable and how it is detailed depends on the structural system used, which reflects climate, material availability, and aesthetic concerns. A gable wall or gable end more commonly refers to the entire wall, including the gable and the wall below it.

The street frontage to Atherton Road to the east has a reconstructed curved corrugated iron awning with a shaped gable above. The building is divided into two tenancies, with the Atherton Road end having a central entry from the awning and the rear tenancy accessed via a timber deck off Cedar Street.^[1]

The building has principally sash windows, with some later casements. A lean-to bathroom has been added to the southwest. The building has been recently refurbished, with new timber floors and some new windows. The rear of the site is grassed.^[1]

Heritage listing

The former Bank of New South Wales Building was listed on the Queensland Heritage Register on 21 October 1992 having satisfied the following criteria.^[1]

The place is important in demonstrating the evolution or pattern of Queensland's history.

The building is important in demonstrating the pattern of Queensland's history, in particular the development of Yungaburra and the Atherton Tableland.^[1]

The place is important because of its aesthetic significance.

It exhibits a range of aesthetic characteristics valued by the local community, in particular its contribution, through scale, form and materials, to the Yungaburra townscape.^[1]

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References

1 2 3 4 5 6 7 8 9 10 11 "27 Atherton Road, Yungaburra (entry 600468)". Queensland Heritage Register . Queensland Heritage Council. Retrieved 1 August 2014.

Attribution

This Wikipedia article was originally based on "The Queensland heritage register" published by the State of Queensland under CC-BY 3.0 AU licence (accessed on 7 July 2014, archived on 8 October 2014). The geo-coordinates were originally computed from the "Queensland heritage register boundaries" published by the State of Queensland under CC-BY 3.0 AU licence (accessed on 5 September 2014, archived on 15 October 2014).

External links

Media related to Bank of New South Wales Building, Yungaburra at Wikimedia Commons

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[qhr-1] 1 2 3 4 5 6 7 8 9 10 11 "27 Atherton Road, Yungaburra (entry 600468)". Queensland Heritage Register . Queensland Heritage Council. Retrieved 1 August 2014.