The whole Benalla Lake area including the playground is a great place to spend a few hours.
The Information Centre is close by in Mair Street. Pick up a brochure titled "Benalla Lake Walk". There are three walks of varying lengths possible along the lake shores because there is a bridge traversing the middle of the lake. The total distance around the lake is 4.25 km (45-90 minute duration) and there is a scenic short option (start at the Ceramic Mural and go to the right which is 1.85 km) or a Bushland Short option (start at the Ceramic Mural and go to the left which is 2.4 km).
Near the bridge is the Ceramic Mural, which is a beautiful artwork for the parents and a great play space for the kids.
As you move to the left around the lake there is an analemmatic sundial, some BBQs, tables scattered about, a BMX track and Skate Park. The track passes across Jaycee Island which has a few swings (without safety chain), an old-fashioned see-saw and shelter with BBQ and table. The walk through bushland is very pleasant and there are benches along the way for rest stops.
When you reach the bridge there is a free Art Gallery with a nice cafe with indoors and outdoors seating. Further along the lake is an Indigenous Community Garden and Fish Ladder. From the Art Gallery, you pass the Sir Edward "Weary" Dunlop Memorial ("When despair and death reached out to us Weary Dunlop stood fast, a lighthouse of sanity in a universe of madness and suffering") and the Benalla Botanical Gardens along Bridge Street before reaching the playground.
The highlight of the playground is a huge rocket with four levels, steering wheel at the top and a slide coming out the side. There is a structure for older kids with spiral slide, climber, parallel bars, tunnel, ladder, wave slide, high chain traverse, monkey bars, balance beam and monkey rungs. Structure for younger kids has steps, slide, monkey bars and two swings without safety chains. Dotted about is an old-fashioned see-saw, unusual springers, spinning orb (broken), big sandpit with diggers, tic-tac-toe and two swings without safety chains. Large shelter with BBQs and tables.
Shaded seats scattered about. Toilets. The whole playground has an air of neglect. Just because the rocket was built before man landed on the moon doesn't mean that some maintenance and modernization can't take place. A new lick of paint would do wonders.