Axedale is a small town in Victoria, Australia. It is located on the McIvor Highway, in the City of Greater Bendigo, east of Bendigo. It was surveyed and proclaimed in 1861.
The town is nestled alongside the Campaspe River which feeds out of Lake Eppalock (about 20 minutes drive away). It has a golf course, tennis courts, a school, a nice pub and a convenience store/petrol station and a small community of artists. It lies between Heathcote and Bendigo.