The township was settled in the early 1850s, the Post Office opening on 31 October 1855.[2]
A railway line, built in a number of sections, once connected Horsham and Hamilton, running via Cavendish, Balmoral and East Natimuk.[3] The railway closed 1 July 1979 with the majority of the railway track being removed, though several rail bridges remain in place.
The Balmoral Magistrates' Court closed on 1 November 1981, not having been visited by a Magistrate since 1971.[4]