Community development group Naseby Vision, with help from the Government's Taskforce Green subsidy, employed Mr Carraher to research and produce a brochure that he said could keep tourists in the historic town longer.
Though the final design is yet to be given the all-clear, the brochure will act as a map to lead tourists around historic buildings in the town.
Mr Carraher has written a short summary of each building's history and role in the town.
"They [Naseby Vision] were trying to encourage more people to come here and stay here to keep the town alive."
He said it was not an easy task because the more he researched, the more he wanted to write.
However, "it was for tourists; they don't want a whole book, just enough to pique their interest but not overload them".
He has also adapted the information for four interpretation panels to be placed around the town.
Naseby Vision is applying for funding for the panels.
While researching, Mr Carraher was stationed in the Naseby Athenaeum Library, built in 1865 as First Union Church.
He used books there, the local museum, the Hocken Library and the internet.
He also spent a lot of time talking to people who still live in Naseby.
"Naseby's here because of the gold. It's still here because the gold kept going ... on a commercial scale, mining companies stayed here for about 50 years, which is what kept Naseby here.
"It's all about the gold.
"This is all part of the 150th anniversary [of gold discovery], which is next July, but we're celebrating in January because the weather is better."
The Naseby and Surrounding Goldfields 150th Jubilee officially begins on January 1 and will include events such as a themed family fun day, guided walks, a Victorian tea party and a cricket match between locals and holiday-makers.
