Monbulk has a rich history with its name originally Monbolok or Monbolac, an aboriginal name meaning "hiding place in the hill”. Mrs Aeneas Gunn, author of "We of the Never Never" and "Little Black Princess" was responsible for tracing the name back to its origins. The source was John of the Terrick Terrick tribe who died in the district at more than 90 years of age.

This town has remained a popular place for visitors travelling through the Growers and Farmgates sub region of the Dandenong Ranges. It is a great spot for lunch or a snack if walking through the Dandenong Ranges National Park or cycling through the hills.