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It was named after Sir Phillip Fysh, a Tasmanian politician who assisted in bringing about Australia's Federation. Its streets are named after Australia's industraial towns and regions - for example, Mt Isa is represented by Isa Street and Townsville is represented by Townsville Street.
One noteworthy portion of Fyshwick , located between its railway and a major road called Canberra Avenue, was a German prisoner-of-war camp immediately after World War I. The roads used to service this camp later became the first streets of Fyshwick.