TWO of Killarney's newest fixtures will be given a special dedication this Saturday.

Killarney and District Historical Society will host the ceremony from 10am for two statues commemorating the town's history.

Artist Paul Stumkat has been hard at work creating the figures, with the help of $17,000 in Regional Arts Development funding, for display at the Heritage Centre in Willow St.

"One of the statues is of Killarney bullocky Eric Reis - he was one of the last of the working bullock teams and he passed away about four years ago," Mr Stumkat said.

"There will also be an axeman suspended in the air from a log - he is just a generic logger, because Killarney was a big timber town and it's about reinvigorating that historical importance."

Historical Society president Tony Pearson said the statues were eight years in the making.

"We initially got funding to do the wagon up and then we got the two bullock statues put in," Mr Pearson said.

"Eric Reis is representative of all bullockies and it's a nice tribute for the area.

"There are plenty of people excited to come along - we're hoping for a couple of hundred people at least."

Southern Downs Mayor Tracy Dobie will be on hand to unveil the statues from 11am.

Prizes will given to the best 19th century, bullocky-inspired kid's costume and woodcrafting and whipcracking displays are sure to entertain through until 2pm.

Free food inspired by the bullocky era - corn meat and pickle sandwiches, tea and damper - will be available.