Some time prior to 1911, sheep, horses, cattle, milk thistles and oats were introduced to Flinders Island, presumably by Mr Willie Schlink and his family. At this time of the island had been cleared and was producing 1,400 to 2,000 bags of wheat annually. 4,000 sheep were kept and black and white rabbits ran wild on the island. By the time of the island's sale in 1911, 30,000 wallabies had been killed there. The island continued to be used mostly for farming, although that tailed off as transport costs rose. In the late 1970s, the island was bought by the Woolford family, who ran it as a sheep station for merinos. By 2020, there were only a few sheep and the island was used mainly for tourism (via house rental) and recreation.