The name Peranga derives from the name of an outstation on Rosalie Plains pastoral run, assigned when the town was surveyed in 1911.
Peranga Post Office opened on 11 January 1913.
Peranga State School opened in 1915, closing on 30 July 1973.
The Peranga & District Bowls Club opened in 1955.
The Anglican Church of St John the Evangelist was consecrated circa 1959. Its last service was held on 13 May 1961 due to a reduction in the congregation.
Once the prosperous hub of a rich dairy-producing area, Peranga went into sharp decline after the closure of the Oakey-Cooyar railway line in the mid-1960s. The hotel burnt down in 1967, followed by the school's closure in 1973.
The Peranga & District Bowls Club is still in operation. There is a post office and general store, a one-man police station and a town hall.
Together with Peranga, the surrounding towns of Quinalow (10 km west), Maclagan (13 km north-west) and Kulpi (9 km south) are interdependent, having between them all the amenities of a small town. Kulpi has a hotel and tennis courts; Quinalow a garage, cafe, hotel, rural supplier, school, swimming pool, caravan park, library, tractor dealership, tennis courts, hall, and skate park; and Maclagan has a post office and general store, two wineries, a small museum, a butcher, a kindergarten and several parks.
- Australian Bureau of Statistics (31 October 2012). "Peranga (State Suburb)". 2011 Census QuickStats. Retrieved 1 July 2013.
- "Peranga - town in Toowoomba Region (entry 26425)". Queensland Place Names. Queensland Government. Retrieved 6 August 2017.
- "Peranga - locality in Toowoomba Region (entry 48035)". Queensland Place Names. Queensland Government. Retrieved 6 August 2017.
- Premier Postal History. "Post Office List". Premier Postal Auctions. Retrieved 10 May 2014.
- Queensland Family History Society (2010), Queensland schools past and present (Version 1.01 ed.), Queensland Family History Society, ISBN 978-1-921171-26-0
- "Closed Churches". Anglican Church Southern Queensland. Archived from the original on 3 April 2019. Retrieved 31 May 2019.