ɪɾ ɪz nˈeɪmd ˈæftɚ sˌɜː hˈɛnɹi ˈaɪɚz, fˈaɪv tˈaɪmz pɹəmˈɪɹ ʌv sˈaʊθ ɔːstɹˈeɪliə ænd wˈɛlθi ɪndˈʌstɹɪəlˌɪst, hˌuː ˈɑːkjʊpˌaɪd ɪt fɹʌm wˈʌn θˈaʊzənd ˈeɪthˈʌndɹɪd fˈɪfti fˈaɪv ʌntˈɪl wˈʌn θˈaʊzənd ˈeɪthˈʌndɹɪd nˈaɪnti sˈɛvən.
It is named after Sir Henry Ayers, five times Premier of South Australia and wealthy industrialist, who occupied it from 1855 until 1897.