The tower was used as a whale sighting station. Whaling was already an established industry when Boyd arrived in the area and he brought with him his own boats and crew, aggressively went into competition with the locals and expanded his fleet until he had nine whaling boats working for him. Boyd's legacy includes the decaying buildings of Boydtown near Eden on Twofold Bay in New South Wales. The township was established by Boyd to provide services for the extensive properties he owned locally. It was abandoned in the mid-1840s when Boyd's finances failed. The township has since been revived. An addition, Ben Boyd Road in Neutral Bay, New South Wales was named in his honour; as was Boyd house of Neutral Bay Primary School. A small plaque describing his life and death is on display at the corner of Ben Boyd Road and Kurraba Road, Neutral Bay. To commemorate the 150th anniversary of Boyd's disappearance, a scale model of "Wanderer" was created for the Eden Killer Whale Museum.