Caramut /ˈkærəmət/ is a town in the Western District of Victoria, Australia on the Hamilton Highway.

The name "Caramut" is believed to be derived from the Aboriginal word cooramook, thought to mean "plenty of possums".

[3] There is evidence that Aboriginal people had established a village of domed huts near Caramut before white settlement.

The Protector of Aborigines, George Augustus Robinson, produced drawings[4] of structures in the area circa 1840.

In 1842, the Lubra Creek massacre of six Dhauwurd wurrung people took place on the Caramut run, leased by Thomas Osbrey and Sidney Smith at the time.