The Indigenous Australians inhabited Snake Valley for tens of thousands of years before Europeans arrived. The Carringum balug people of the
Wathaurong nation are the
traditional owners of the land surrounding Snake Valley/Carngham district. The nearby town of
Carngham therefore appears to be the name of the Aboriginal people that originally lived in the area. They called Snake Valley itself
nimbuck or
nimlock. In 1857, a
gold rush occurred in the area of Snake Valley and Carngham. The town reputedly got its name when a miner found snakes in a
sinking shaft. However, settlement preceded this as a primary school was established in 1854. The town was exclusively a gold mining area for at least ten years. In 1865,
Bailliere’s Victorian gazetteer recorded Snake Valley as having five hotels, a mechanics' institute and a
Court of Petty Sessions. In the 1880s, the
Victorian municipal directory described Snake Valley as "a straggling mining township with outlying farming districts" and recorded five churches. ==Religion==