Established in 1980 and licensed in 1989, One FM is now one of regional Australia's largest community radio stations catering to the Goulburn and Murray Valley regions with "live" and local content 24 hours a day, 7 days a week.
Based in Shepparton, ONE FM 98.5 is considered to be one of the largest community radio stations in regional Australia. The radio station produces predominantly live local content to the Shepparton region.
The station has resumed the on-air use of its registered callsign, now identifying as "ONE FM 98.5". The change was made following local surveys (within Shepparton and surrounding areas) indicating the community generally referred to the radio station as "ONE FM" as opposed to the previously used frequency only identifier. The management opted to return the ONE FM brand to the station logos and promotional material and on-air.
ONE FM is a community broadcast station and is predominantly operated and managed by volunteers. Programs include regular music and spoken word programs, Live to air Goulburn Valley Football League matches and results and more.
The ONE FM radio station's broadcast coverage area extends to approximately 30 km from the Shepparton city centre, reaching Euroa, Nagambie, Benalla and other smaller regional towns surrounding Shepparton.