[1] Officially opened in June 2012, the trail runs for 134 km (83 mi) from Tallarook, near Seymour, through Trawool, Yea and Bonnie Doon to Mansfield, with an offshoot from Cathkin to Alexandra.

[1] Highlights include the 200-metre (220 yd) Cheviot Tunnel near Yea, views of the Goulburn River, the heritage-listed Trawool Valley, and the former rail bridge over Lake Eildon near Bonnie Doon.

[1] The towns passed through by the main rail trail are: Tallarook, Trawool, Kerrisdale,[2] Homewood, Yea, Victoria, Molesworth, Yarck, Kanumbra,[3] Merton, Bonnie Doon, Maindample, and Mansfield.

On 29 April 2009, the federal government announced that it would contribute A$13.2 million from its community infrastructure program, out of the estimated total cost of A$14.2 million needed for the completion of the trail, as an economic stimulus, and as part of the recovery effort in the wake of the 2009 Victorian bushfires.

The money was used to build and repair bridges, and construct road crossings, car parking, rest stops and amenities.