Victorian gold rush Victorian gold rush The Victorian gold rush was a period in the history of Victoria, Australia approximately between 1851 and the late 1860s. It led to a period of extreme prosperity for the Australian colony, and an influx of population growth and financial capital for Melbourne, which was dubbed "Marvellous Melbourne" as a result of the procurement of wealth. The Victorian Gold Discovery Committee wrote in 1854: For a number of years the gold output from Victoria was greater than in any other country in the world with the exception of the more extensive fields of California. Victoria's greatest yield
Australian gold rushes week. By early September 1851 what became known as the Ballarat gold rush had begun, as reported from the field by Henry Frencham, then a reporter for the Argus. (Henry Frencham claimed in his article of 19 September 1851 to have been the first to discover gold at Ballarat [then also known as Yuille's Diggings] "and make it known to the public", a claim he was later to also make about Bendigo, and which resulted in the sitting of a Select Committee of the Victorian Legislative Assembly in 1890.) In the report of the Committee on the Claims to Original