[2] The name Goomalling was first shown for a spring found by explorers Hillman and Lefroy in 1846.

Hillman noted on his plan "rich grassy country", and squatters subsequently moved into the area.

The Goomalling Agricultural Hall was opened in 1898 by John Dempster MLC, who stood in for the Commissioner of Crown Lands, George Throssell, who was unable to make it to the event.

Goomalling is an Aboriginal word that means "the place of the silver-grey possum".

[5][6] An annual motor race meeting was held each year from 1949 to 1955, using a circuit that ran anti-clockwise along Railway Terrace-Lockyer St-Quinlan St-Forrest St-Eaton St-Throssell St-Railway Terrace.