In the 1990s it was given themes such as "Return to Woodstock", "Circus", "Back to the Beach", "Alien Abduction", "Oktoberfest", "Halloween" and "Stoneage".
For many years Stonefest was the largest music festival in Canberra and a popular one in Australia.
In recent years other festivals have made their way onto the Canberra scene, including Groovin' The Moo (also on the University of Canberra Campus) and Foreshore Summer Music Festival, contributing to declining numbers for Stonefest.
In June 2019, Stonefest social media channels became active after a long hiatus, teasing the festival's return.
Stonefest re-appeared in 2022 post-covid in a smaller capacity on UC Lawns with a star-studded lineup with Vera Blue and Ruby Fields headlining and again in 2023 this time with heavy hitters Ball Park Music and UK sensation Bakar.