Yes, Bungalow Bay Koala Village at Horseshoe Bay is the only camping ground on Magnetic Island. It is home to a wildlife sanctuary where you can visit koalas, a python, or a small saltwater crocodile. The campground also offers ranger-guided bush walks to explore nearby habitats and learn the history of the area’s traditional owners, the Wulgurukaba people. Camping permits are required for all Queensland parks, forests, and reserves. Book your spot online and in advance. You can also explore different options for camping near Magnetic Island on Hipcamp.