Redcastle is a rural locality in central Victoria 45 km east of Bendigo and 18 km north of Heathcote.

Redcastle was an isolated goldfield between the McIvor (Heathcote) diggings and the Waranga (Rushworth) diggings further north. It was discovered in 1859, and named the Balmoral Diggings. ‘Redcastle’ a name of Scottish origin, displaced Balmoral (also of Scottish origin) but the exact reason is unrecorded.

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