Monarch was built in Moreton bay, Queensland, in 1871. Monarch left Port Victoria at about 5am on 1 April 1909 bound for Warrens Beach at Cowell with a crew of six and no cargo. While trying to sail around the southern part of Wardang Island and head northwards, the vessel missed stays (failed to tack) and an anchor was dropped in an attempt to stop it from being swept onto the rocks. The anchor would not hold and the southerly tide and swell drove it onto the rocks where it soon became a total wreck. Today, the site is scattered on both the shore and underwater in about 2m of water