Lake Crescent is a man-made reservoir located in the eastern side of the Midlands region of Tasmania, Australia, approximately 100 kilometres (62 mi) north of Hobart.

[2] Carp, Cyprinus carpio, were discovered in the lake in 1995, but were eradicated using innovative techniques.

The Short Fin Freshwater Eel (Anguilla australis) used to migrate to Lake Crescent from the ocean.

The Inland Fishers Service has been stocking elvers into the lake to sustain a commercial eel fishery.

[6] The closest camping ground is at Dago Point on Lake Sorell.