It is surrounded by the Mt Buffalo National Park, offering stunning views of the countryside. The lake is a popular camping spot and a hub for water sports enthusiasts. Visitors can participate in activities such as water skiing, wakeboarding, and fishing. During the summer months, swimming, boating, and canoeing are also popular. The lake provides facilities for BBQs and has a playground for children. Lake Buffalo is a great destination to visit throughout the year, with different activities available in each season. To get there, visitors can turn off to the Buffalo River just outside Myrtleford and follow the road to Lake Buffalo. Road access is generally good, but caution is advised due to wildlife crossing the road.