The area was first settled by James Reid Scott who named it after a small village in his native Scotland.
In the few years since the opening of the trails new businesses catering to tourists opened, including cafes and tourist accommodation.Branxholm's main shopping area provides an IGA supermarket, Pharmacy, Mechanic, Cafe and Art Gallery, Italian-style restaurant, wood-fired pizza restaurant and the heritage Imperial Hotel (circa 1907).
Close to the town Mount Horror, known for excellent scenic views, is surrounded by extensive pine and gum plantations.
[2] The party returned to Scottsdale and sought police protection to enable their safe passage to the mine.
The red bridge in Branxholm was a community project completed in 2003 to commemorate the rich Chinese mining history of the town.
There is a legacy of mining holes, water races and dams in the regrowth forest as well as the remnants of major works.
A section of the race is preserved as the Great Briseis Water Race Walk on Ruby Flats Road; where the remains of four metre deep cuttings through solid rock, sections of original stonewalling, remains of timber trestle fluming structures, and many other insights into the character of those who undertook this mighty task may be seen.
Branxholm was served by a branch railway line which extended from Launceston to Herrick, 4 km short of Moorina.
[5] By 1978, the last passenger trains closed down in Tasmania and the rail network, including the Launceston-Scottsdale line, focused on carrying freight.
By the early 1980s there were just three daily services between Scottsdale and Launceston transporting logs, woodchips and other goods however, by 2005, the line was closed.