We stayed at Silverwater Resort just off Phillip Island. We stayed at Ramada Resort near Cowes a few years ago and were interested in somewhere different.
Silverwater was a good location. Being before the island meant that we did not have to sit in the island traffic, which was congested all weekend. The resort also had a great pool and a playground for the kids.
While we were at Phillip Island we visited Churchill Island a couple of times, once for a farmer’s market and the other for Easter activities. We did not go to any of the other usuals, such as the Penguins or Koala Park.