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R E I Q J O U R N A L

| J U N E 2 0 1 6

P A G E 4 0

L E T T E R S T O E D I T O R

Black's oldest real estate family

Dear Editor,

We wish to congratulate you on the

recent family business edition for

acknowledging these successful families.

There is one point which we feel does

need clarification.

In relation to the Blocksidge family

probably being the oldest real estate

family business in Queensland, we

would like to advise you that Blacks

Real Estate (formerly Henry L. Black

and Co) is the oldest real estate firm

in Queensland.

This year we are celebrating 135 years

of continuous real estate business, as

we were established in 1881.

In 1881, Henry Lindsay Black joined

his brother-in-law Henry Wallace in a

business venture that included livery

stables, a horse bazaar and later a

coach service in the Mackay region.

Livestock auctions were conducted

at the Victoria Street premises each

week until the sale yards were built

for the business that was to be called

Henry L. Black and Co.

Henry’s sons, Frank and Archie, joined

the firm prior to World War I breaking

out and upon his return from the war

in 1919, Archie was made a partner.

When Henry died in 1926, the business

was run by the brothers, Frank and

Archie. A new building was constructed

at 75 Victoria Street in 1935.

Unfortunately, the outbreak of World

War II ended plans to expand the

business. After the war, Frank retired

and Archie’s son Chubb Black joined

the firm. He retired in 1987 after 41

years of service.

Ross Wallace, the grandson of

founding partner Henry Wallace

joined the business in 1954 and held

the position of REIQ President in the

late 1990s, before retiring in 2000.

The post-war years saw considerable

expansion into residential sales and

the business was eventually renamed

Blacks Real Estate Pty Ltd.

The office now employs 22 people.

Former managing director Ian Black

remains as a consultant. Greg Lewis

and Royce Dunn are relatives of the

Wallace family and are directors today.

Andrew Black the great, great

grandson of founding partner Henry

Black joined Blacks Real Estate in 2001

and is now a Director.

Regards,

Greg Lewis

(Managing Director)

Ian Black

(Former Managing

Director)

Editor’s note:

The Black family has an

astonishing five generations working

in real estate, beginning in 1888, which

means they have pipped the Blocksidges

(four generations, established in 1888),

the Deans (five generations, established

in 1920), the Matthews (four generations,

starting in the early 1920s) and the

Whites (four generations, established in

1902) as Queensland’s oldest real estate

family business.

In addition, according to the REIQ

history book,

Dreams, Deeds and

Dedications

, Ross Wallace, great

grandson of founding partner Henry

Wallace, was the first REIQ President

to be appointed from outside the

southeast corner of the state, serving

a two-year term from 1997 to 1999.

And when Ross served as the Mackay

branch president of the REIQ (1983-

1989), Mackay had a 100 per cent

membership rate!

Congratulations to the Wallace and

Black families on such an incredible

achievement! We apologise for omitting

you from our profile of Queensland’s

oldest real estate families.