The house is located a short walk from a lovely quiet beach, and the main Peterborough beach isn't much further (I'd suggest driving if you've got young kids like us though). We've stayed in Port Campbell before but I would choose Peterborough over PC anyday, as there are less crowds and a nicer beach. It's also a great base to explore the beautiful scenery along the Great Ocean Road, as well as easy day trips to Timboon, Warrnambool, Koroit, Port Fairy and the Otways. There is so much to do in these regions.
The house itself has everything you need, with thoughtful touches throughout. The kids loved toasting marshmallows in the fire pit, and were happy to watch Netflix in the comfy lounge room in between beach visits. Everything was clean and in good condition. I wouldn't hesitate to book again!