The last time it happened in Australia was December 30, 1983, the same year Bob Hawke was elected prime minister. In other parts of the world, it's been more like 150 years.
NASA has described the event as a "lunar trifecta".
Here's what stargazers are in for later this week:
TOTAL LUNAR ECLIPSE:
From late on Wednesday night, when the moon is full, it will slide entirely into the earth's shadow.
This will turn the moon a brooding, dark red due to light being bent or refracted onto its surface by the earth's atmosphere. This effect is commonly referred to as a blood moon.
Australians can witness a total lunar eclipse about once every 2.8 years, on average. But here's where the super moon and the blue moon come in and elevate this lunar event to a true rarity.
Wednesday night will also be a supermoon, when the full moon will be closest to the earth on its orbital journey - a mere 360,198km away.
In some parts of Australia, Wednesday night's full moon will also be a blue moon, which has nothing to do with the colour blue.
A blue moon is simply the second full moon in any calendar month.
WHEN TO VIEW THE TOTAL LUNAR ECLIPSE:
(All times are given in local time.)
Totality begins 11.21pm, ends 12.38am
Totality begins 10.51pm, ends 12.08am
Totality begins 10.21pm, ends 11.38pm
HOBART, MELBOURNE, SYDNEY AND CANBERRA:
Totality begins 11.51pm, ends 1.08am
Totality begins 8.51pm, ends 10.08pm