The Post Office opened on 1 January 1873. After the arrival of the railway this office closed and a Toolamba East office opened near the station, which was renamed Toolamba in 1895.[2]
The railway station of the same name is located on the Goulburn Valley railway line opened in 1880, but was closed to passenger traffic in 1987.[3] The station also serves as a junction with the line to Echuca. Currently the town has a General Store, Primary school (grades prep–6), a kindergarten, town hall and the Junction Hotel as well as a Bed and Breakfast.
A fire destroyed the primary school and kindergarten on Wednesday 3 February 2010. The school resumed back in Toolamba in March 2010 in a portable facility that was used until September 2012. The new school building was completed in October 2012.[7][8]