Just south of Gelantipy, 40km north of Buchan on the road to Snowy River National Park, is this 1800-acre cattle-and-sheep property with comfortable backpacker and cabin digs. Meals are available with notice, and there's a kitchen for self-caterers. There's also an indoor climbing wall, a swimming pool and a heap of wildlife.
There's a bus from Bairnsdale on Wednesday and Friday (2.50pm, $3.40, 2¾ hours) – the driver can drop you at the farm upon request.
Karoonda Park can arrange activities such as abseiling, horse riding, wild caving and white-water rafting.