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Rheola is a locality in central Victoria, Australia. At the 2011 census, Rheola and the surrounding area had a population of 316. Originally called the 'Berlin Rush' or 'Berlin field' after gold nuggets were found. It is part of Victoria's 'Golden Triangle,' which contains some of the world's richest gold fields. Some of the gold nuggets found in these fields include the Welcome Stranger, Hand of Faith, and the Blanche Barkly. The Viscount Canterbury, Viscountess Canterbury and Precious were all found in the gold field at Rheola.
Nearby locations are the towns of Inglewood (birthplace of Sir Reginald Ansett), Moliagul (birthplace of The Flying Doctors, Reverend John Flynn) and Melville Caves located in the Kooyoora State Park.
The district is known for its annual Easter Monday Charity Carnival which began in 1871.