As a young man Ebden made several trips between the Cape and the Australian colonies, before settling in Sydney,
New South Wales in 1832 and establishing a merchant business. He established a run at
Tarcutta Creek, before his stockman, William Wyse, commenced two more runs straddling the
Murray River: Mungabareena, near what is now
Albury, and Bonegilla, near what is now
Bonegilla, making Ebden the first pastoralist to send cattle across the Murray River. The
Ovens River was in flood during Bonney's first attempt, and he was unable to find a way across, but a second attempt was commenced on 25 December 1836. Ebden then shifted 9000 of the sheep to the second settlement in inland Victoria, Carlsruhe, arriving there on 26 May 1837. Charles Bonney in turn drove 1000 of the sheep to Kilmore and set up the third settlement in inland Victoria, another sheep station, on about 17 June 1837. Kilmore rapidly became the first inland town in Victoria. Ebden's his flock was estimated to consist of nine thousand sheep, suggesting the backing of capital of about £20,000. He was in Melbourne in the middle of the year in time for the first land sale, held on 1 June 1837, at which one hundred lots of just under each were auctioned, the lots covered eight major blocks, bounded by
Flinders,
Bourke,
King and
Swanston streets. Ebden was among the major purchases, buying three lots in
Collins Street between
Queen and
William streets. Ebden lived in Melbourne from about 1840, having sold Mungabareena station in 1837 and Carlsruhe station in 1840. He had also sold his three lots in Collins Street in September 1839 for a total of £10,244 (having purchased them two years earlier for £136); at the
Melbourne Club shortly after the sale he remarked "I fear I am becoming disgustingly rich". In Melbourne Ebden lived in a mansion he had built at the top end of Collins Street. ==Political career==