Settlement at Maryborough commenced in September 1847 when George Furber established a woolstore on the south bank of the Mary River at the head of navigation.

He was followed in June 1848 by ET Aldridge and Henry and RE Palmer, who established their own wharves on the opposite riverbank, at a location now known as the original Maryborough town site at Baddow.

The establishment of manufacturing plants and primary industries sustained growth in the town into the twentieth century when the QNB building was constructed.

The bank leased the former store on the corner of Richmond and Lennox Streets to Stoward, Bryant and Co. and subsequently a number of other commercial operations before finally moving into the building in 1903.

The Maryborough Chronicle (16 May 1914) reported that the original building would "form the base or skeleton of improvements and alterations that will completely transform the appearance of the old structure ..." A later article (15 June 1915) described the work as "dismantling and re-erection".

The bricks used for the street frontages are of a reddish colour with white "tuck" points, while the sandstone coloured entablature, mouldings and embellishments form a fine set off to the effective looking Corinthian columns set on solid pedestals and extending to the full height of the two storeys, the extremities of the columns themselves being surmounted with beautiful entablatures and enriched cornice, further relieved with medallions and mouldings.

The main entrance is attractively treated with Ionic columns and arched pediments whilst the windows on the first floor are also nicely relieved in fine architectural work.

Considerable artistic attention has been given to the general furnishing of the inside of the building, the walls being all finished in King's cement with appropriate colourings and the ceilings of stamped steel with very effective designs.

The floor is tile covered, picked out in fine designs, whilst a beautiful semi-circular counter and partitions have been installed, the joinery work having been done by Messrs. James Fairlie and Sons.

The effect in the room is enhanced by the antique copper gas pendants fitted up by plumbing sub-contractor, Mr W Wells.

The rest of the residential portion of the building is nicely furnished and well laid out with fine balconies on the eastern side and at the back of the premises."

[1][7] Frederic Herbert (Herb) Faircloth was born in Maryborough in 1870 and was a pupil of German-trained Bundaberg architect Anton Hettrich.

He was also to have a major effect on the appearance and character of Childers where he was engaged to design replacement buildings after much of the main street was destroyed by fire in 1902.

[1][9] Woodstock House is a substantial two storeyed rendered brick building prominently located in the Maryborough town centre at the corner of Kent and Richmond Streets.

The principal entrance to the building, from Kent Street, is through an aedicule or framed opening comprising two columns supporting a round headed pediment.

The building (1914–15) is significant for demonstrating the growth of Maryborough during the early twentieth century as the centre of a large primary industry and manufacturing region.

The building is prominently sited and well composed, making a major visual contribution to the streetscape and to the character of the city centre.