The college was founded in 1945 with the initial purchase of Ross Roy House, later expanding through neighbouring properties and the opening of the Springfield campus in 2008.

The school's motto, Plus Ultra, which is Latin for "Ever Higher", is said to emphasise the college's desire for the students to reach their goals in their learning.

Starting with the 1897 Villa "Ross Roy", bought and used as the first building of St Peters in 1945, the college campus has seen significant growth and change over the years.

The Senior School library is a three-storey facility where students and staff can access a collection of fiction and non-fiction.

The donation of land in 1971, provided the College with an opportunity to develop and implement an outdoor education program.

The Heads of College have been:[6] The St Peters curriculum is designed to provide a continuum of experience and knowledge acquisition from Prep to Year 12.

St Peters has had seven heads in its history and is the largest Lutheran school in Australia, today, with an enrolment maintained at approximately 2000 day and boarding students and 350 teaching and non-teaching staff.

The ‘Ironbark Experience’ is seen by staff, parents and students as a vital part of the St Peters journey, fostering independence, resilience, teamwork, problem solving, ethical decision making, sustainability and environmental awareness in our young people.

Commencing in 2008, St Peters Lutheran College Springfield began as a Prep to Year 8 school.

It now caters for Prep to Year 12 and provides the Springfield and adjacent communities with the many benefits of the St Peters journey.