Thunder Point is a viewing beach so you can forget about going for a swim. The carpark is high above the water (in fact around 30 metres above) with spectacular views of the ocean towards Warrnambool and towards Port Fairy. When you see and hear the waves crashing into the craggy cliffs you can get a feeling of why the name came about.
There is ample parking on both sides so you can park the car and just view out to the ocean or sit looking back towards Main Beach with Lady Bay Resort towering above which is my favorite view. Park on the other side of the carpark and watch the waves crashing into the rocky cliffs rising high above the ocean. The best viewing is from the viewing platform at the centre of the carpark that faces out to the ocean but allows magnificent views in both directions.
It is easy to imagine why so many vessels came to their end with the waves smashing into the rocks that appear briefly as the water rises and recedes. You can see the rocks go out quite a distance from the shore and are just below the surface.
My favorite is getting a takeaway meal and watching the waves at lunch or just before sunset. The magnificent hiking track passes along these cliffs as well so if you are energetic go for a stroll. There are no toilets here so make sure you go before you come as it is some distance to find one.