The crescent-shaped, golden-sand beach is easily the best of the island's accessible beaches. It has a stinger enclosure , water-sports equipment for hire, a row of cafes and a good pub. Bungalow Bay Koala Village has a wildlife park where you can cuddle koalas ($14 including photos), or tuck into a bush tucker gourmet breakfast . A monthly craft market sets up along the beachfront.
Walking tracks abound on Magnetic, and DERM produces a leaflet for the island's excellent bushwalking tracks. Walks are mainly along the east coast and vary in length from half an hour to half a day.