The 42-year-old was surfing with friends at Port Campbell yesterday morning when he was attacked by the shark.
He felt something brush against him in the water and turned to find the shark latched onto his foot.
Incredibly, he managed to free himself from the shark, with the unknown species leaving just a 7cm gash to the man's right foot.
It's not the first time people have been attacked by sharks along the coastline, but according to Life Saving Victoria, it is a rare occurrence.
''There's plenty of sharks down there but the incidence of shark attack is very rarely reported,'' club development general manager Paul Shannon said.
''You always hear the surfer stories that there's a shark in the water but for this guy, luckily, it's just a good story to tell the grandkids.''
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