Gould's wattled bat has brown fur on the rear and underside, with darker fur on its head and shoulders. In southern Australia, it hibernates through winter.
The rear and underside are brown, sharply contrasting with the dark brown-black head and shoulders. Fleshy lobes sit at the corners of the mouth, and females are reported to be larger than males.
It stays active year-round in warmer areas, while southern Australian populations hibernate in winter. By day it rests in tree hollows, bird nests, or spaces in buildings, then emerges after sunset to feed mainly on insects such as moths and beetles.
An extinction-risk assessment has not been added yet.