Relatively speaking, one nice thing about having a larger bore is the ability to swing a larger prop with less pressure. I can run my mildura(3/4 x 3/4) at about 15 psi, but the prop is only 100mm, so it will turn this quite easily in the water. I can turn it nice and slow or make it spin fast; the mildura would handle a larger prop up to 6 inch diameter....
My other steam boat has a Gage TVR1BB which requires about 20-30 psi to run well (1/2 bore), turning an 80mm 4 blade prop no problem,(41inch boat) but too small for your application ...
I have an electric 40 inch trawler that uses gear reduction and electric drive spinning a ~50mm prop. The model was too fast until I loaded it with lead. Now it pushes out a big bow wave but is not fast and not easy to handle....you have to plan ahead...which I like because it is closer to scale
If you can get your hands on a max H steam plant with water pump, I would go that route as it will easily handle the close to scale prop size...and there is also gear reduction for larger prop if needed.