Velvet worms (Onychophora) are restricted to moist, humid microclimates, but are poorly known from south‐east Queensland, Australia, where they are typically rainforest fauna. We made the unlikely observation of one of these invertebrates clinging to floating debris in a wetland on North Stradbroke Island. Palaeoecology of this wetland reveals that it once was within rainforest and has remained moist for at least the past 80 000 years, thus potentially harbouring an onychophoran population as a relic of a past broader, rainforest distribution. The presence of this animal, floating in the wetland, can be explained by recent climate, since the wetland filled following heavy rainfall shortly before the observation. This highlights the importance of groundwater‐fed wetlands as evolutionary refugia for moisture‐dependent biota.