On 27 June 1863 Walker, as commodore, received a letter from the Colonial Secretary's Office notifying him of the Prince of Wales' willingness to become Patron of the 'Royal Sydney Yacht Squadron'.

This letter also issued an Admiralty Warrant authorising the use of the Blue Ensign of Her Majesty's Fleet.

It was not until 1902 that the squadron was able to lease a property at Wudyong Point on the eastern side of Kirribilli, with a stone cottage, a landing stage and a slipway.

The squadron grounds, facilities and services are provided for the enjoyment and utilization of members and invited guests in their company.

The aims of the program are, broadly stated, to foster and promote sailing and to provide young men and women with social skills, confidence, values and friends that will place them in good stead to approach the challenges of life.