On Christmas Day 1929, the town was hit by a tornado that grew to a maximum width of 3 km (1.86 miles) wide.

At the time one of the widest tornadoes in the world, no injuries or deaths were reported and the storm officially remains unrated by Australia's Bureau of Meteorology.

As part of the Campaspe River crossing, an underpass for the Rail Trail was also built under the McIvor Highway.

[7] St Mary's Church was originally blessed and opened on a Sunday the 9th of February 1862 and mass was held monthly up until the building became unsafe and demolished.

The new Roman Catholic Church at Axedale is located at 15 Raglan Place in the centre of the township on a hill.

In 1948, the camp was opened to begin with the idea to give underprivileged children recreational facilities after the Second World War.

Thirty years later, the camp had gone through many upgrades in credit to the Rotarians and volunteers from the District 9800 which goes all the way from metropolitan Melbourne to the Murray at Echuca.

The eight founding members established the Axedale Golf Club and first played it on the site of the present course with nine sandscrape holes in 1937.

The flooding river water washed away the Axedale Bridge of the McIvor highway which caused a serious impact on the community.