Locations with great views include the Gorge Lookouts, Horn, Hump, Cathedral (you need to have ropes and climbing experience to get to the top), The Castle and others.
The Horn is accessed from the car park at the end of the gravel road past the Ski Fields. It is a steep trail but as it is the Highest point at Mount Buffalo it has 360 degree views. In particular it has excellent views towards the Alps and Mount Buller. There is a lookout with rails and interpretative signage at the top.
The Monolith is an easy to access pinnacle that you can walk to from the Gorge Visitors Car Park, or from the road adjacent to the ranger station.
Manfields Lookout is located on the Gorge nature walk track and has great views.
View Point is located off the Underground River / lake Catani Track and has views of the Buckland Valley