The Flinders Highway traverses from east to south-west through the locality, passing through the town which is located in the east of the locality. The Great Northern railway line follows a similar route parallel and immediately south of the highway with the Homestead railway station servicing the town.[4][5]
In 1883, gold was discovered to the north of the town but it was not regarded as an important discovery and it was mined sporadically over the next 50 years.[6][7]
The town of Homestead was surveyed by C.A.S Andrews on 23 December 1905. It takes its name from the Homestead Station pastoral run owned by pastoralist W.D. Stewart; it was later known as Allandale Station.[2]
Homestead Provisional School opened on 31 October 1893, becoming Homestead State School on 1 January 1909.[8]
The Homestead State School is a primary (P-6) school for boys and girls operated by the Queensland Government on the Flinders Highway. In 2016, the school had an enrolment of 8 students with 2 teachers (1 full-time equivalent) and 4 non-teaching staff (1 full-time equivalent).[10]
^"Homestead Gold Discovery". The Telegraph. No. 5, 206. Queensland, Australia. 20 June 1889. p. 5. Retrieved 15 October 2017 – via National Library of Australia.
