Steering committee member Peter Conheady said the committee was formed, plans drawn up and an extensive consultation process entered into before the work was even started to remove the old playground.

"Stage four is now complete," a beaming Mr Conheady said.

"Initially we had to remove the existing playground infrastructure and we set about gaining funding and grants."

Mr Conheady said the two main aims of the steering committee were to provide a recreational outlet for Camperdown and Corangamite shire residents and to build a park destination for passing traffic - particularly young families.

"Very quickly it becomes known among travellers where there are clean toilets, good food stops and the best playgrounds,” he said.

“There are thousands of cars using the Princes Highway through Camperdown every day and we wanted to further tap into that market.

“The feedback we've had is really encouraging.”

The enthusiastic committee member said the playground was likened to a mini Lake Pertobe.

"There are two free electric barbecues and on the weekend when the weather's fine you have to get down there early to stake your claim," Mr Conheady said.

"The other interesting outcome has been the way the community has embraced the project, whether that's been through donations, in-kind labour or doing work and not charging full tote odds."

Mr Conheady said there was space for all ages in the playground. "There's secure areas for toddlers, another space for flying foxes and climbing towers right through to volcano slides and big swings and spinners," he said. 

"There's a Bocce ring, half-court basketball court and a cricket net. There's meandering walking paths. There's something for everyone and the project has been positive in countless ways.”

Western Victoria MP Gayle Tierney was a special guest.