We had a look at it one day - looks like a nice spot but at the time we visited (probably about 12 months or more ago), there were recent dirt bike tracks through there. We thought this would put a bit of a dampener so haven't ventured back for a visit. But, there was heaps of space, fires allowed and pit toilets tho the ground didn't seem real level.
We've also recently discovered Rubicon State Forest, or if you want a couple of caravan parks (not in big towns) on rivers, Blue Gums Caravan Park between Thornton & Eildon is a great place. Plenty of unpowered sites right on the riverbank (Goulburn River). This spot is great on a normal weekend away from public holidays etc - you just about have the run of the unpowered spots to yourself. They've got a good website - do a google on it and you will find it. Another caravan park is at Baringhup (16kms west of Maldon). Again, unpowered sites for tents are right on the river bank, but the caravan sites are just across the road from them. It's situated on the Loddon River and is called Loddon House Tourist Park (not as fancy as it sounds).
Food for thought for you anyway.....
When's my next holiday??