Flowering mainly occurs between October and November and is followed by fruit which are dry, oblong-shaped and 5.5–7 mm (0.2–0.3 in) with a glabrous covering.

[2][3] The species was first formally described by Robert Chinnock in 2007 and the description was published in Eremophila and Allied Genera: A Monograph of the Plant Family Myoporaceae.

[4] This eremophila is only found in a few locations between Gnowangerup and Hyden in the Avon Wheatbelt and Mallee biogeographic regions[5] where it grows in clay or sandy soils on plains and flats.

[2] Eremophila veneta is classified as "Priority Four" by the Western Australian Government Department of Parks and Wildlife,[5] meaning that is rare or near threatened.

It can be propagated from cuttings and grown in alkaline or clay-based soil in full sun or partial shade.