Whyte Yarcowie was surveyed in 1875 and the name Yarcowie is said to be aboriginal for 'wide water". "Whyte" was added to the name in 1929, after an early pastoralist John Whyte.
Alexander McCulloch was the first to pioneer the area and his name is given to McCulloch Square.
The railway station was built in 1880 and Whyte Yarcowie was a good example of a bustling railway town in the early 1900s. The town had a flour mill, schools, hotels and an Anglican Church which, at the time, was reported to be the smallest in Australia.