Lake Elizabeth Campground sits in the narrow, forested valley of the Barwon River East Branch within Great Otway National Park, Victoria.

Sheltered by tall eucalypts, the small tent-only campground is located roughly one kilometre from Lake Elizabeth itself — a small, landslide-formed lake surrounded by wet forest and towering tree ferns.

The Forrest Mountain Bike Trailhead is located at the nearby day visitor carpark. The area is well regarded for wildlife watching, with Satin Bowerbirds, Superb Fairy-wrens, Eastern Yellow Robins, and platypus all recorded in the vicinity.

The Lake Elizabeth Loop Walk (Grade 3) begins close by. Dogs are permitted on lead, and the facility includes all-ability access. Note that there is no mobile phone reception beyond the nearby town of Forrest.