The village of Monteagle is located north of Young. It was originally known as Bulla Creek, an outstation to the station of Burrangong.

The descendants of European families who settled the area early on such as Price, Taylor, Fowler, Cram, Freudenstein, Dowling, Bush and Robinson are still to be found living in the Monteagle area.

The Monteagle Cemetery is the resting place of many of the early members of these families and properties in the local area have become synonymous with these various family names e.g. the Robinson family and Rosemont, Springview; the Cram family and Beehive and later Lower Solferino which was added to the family holding.

With the gold rush in the district people of many nationalities are found to have settled in the area making their living from such things as market gardening and agriculture.

Monteagle lies just to the south of Iandra Castle which lies a couple of kilometres to the north on the road to Greenethorpe & Grenfell.