Lake Cobbler Campground sits beside a small artificial lake in Victoria's Alpine National Park, east of Mansfield at the base of the exposed rocky peak of Mt Cobbler.

The lake was created in the 1960s by damming the swamp area around the Dandongadale River, and the surrounding High Country has long made it a popular four-wheel drive destination.

Bush camping at the lake is well regarded, and a signed walking trail leads from the campground up to Mt Cobbler's summit. Water can be refilled from an off-flow of the lake.

Access via Speculation Road is generally manageable for non-4WD vehicles in dry conditions, though the several alternative routes to the lake all require a 4WD with high ground clearance and low-range gears. The road is not recommended for caravans.