Point Leo is best known as the Western Port surf beach, with a surf club, a large foreshore camping reserve and a rock platform running out from the point, and The Scuba Doctor lists the reef around that platform as a 3–8 m shore dive that is a safe, shallow site ideal for newcomers to both snorkelling and scuba diving. The bottom is a mosaic of weed and rock patches running out to about 8 m: low limestone and sandstone reef with brown algae and Sargassum on top, seagrass in the sandy gaps, and ledges and gutters that hold a good range of what the source calls marine critters. In practice that means the Western Port community – leatherjackets, magpie perch, old wives, wrasse, cowfish and zebrafish over the reef, decorator crabs, hermit crabs, octopus and abalone in the crevices, fiddler rays, stingarees and flathead on the sand, and cuttlefish inshore in winter.

Weedy seadragons occur in the seagrass along this coast and are seen occasionally. The recommended route is a loop that starts on the eastern side of the platform, works out around the point and returns to exit on either side, which keeps navigation simple. Being on the ocean-facing side of Western Port's entrance the site gets swell that the bay piers never see, so 'safe and shallow' applies only on calm days; when the surf is up the point is a rip and no place for divers.

The reserve's toilets, showers and kiosk make it one of the better-equipped shore dives on the peninsula's Western Port side, and the campground allows a weekend of diving Point Leo, Balnarring Reef and Flinders Pier from one base. It suits Open Water divers and snorkellers on calm days, families, and clubs wanting an easy reef with facilities.

From Frankston–Flinders Road turn into Point Leo Road and follow it to the Point Leo Foreshore Reserve (entry fee in season; camping and day parking). Park near the surf club and boat ramp and walk 50–150 m to the beach. Start on the eastern side of the point, enter from the sand, work out and around the platform, and exit on whichever side of the point is calmer.

Facilities at the reserve include toilets, showers and a kiosk in season.

Point Leo faces south-east into the mouth of Western Port and receives Bass Strait swell refracted through the entrance – it is a surf beach – so it needs a low swell and offshore northerly to north-westerly winds; south-easterly to southerly winds and any swell above about a metre produce breaking waves on the platform and rips off the point. Dive at or near high tide when the platform is covered and the reef is easier to reach, and near slack water to avoid the tidal stream that runs along the western shore. Visibility drops after rain when Western Port's rivers discharge.

The WillyWeather Point Leo forecast is the reference.

Enter on the eastern side of the point at high tide, swim out over the weed and rock patches to 4–5 m and work seaward and around the point with the platform on your right, reaching 8 m off the tip. Turn at half gas, come back around the point on the western side or retrace, and exit on the calmer side.

No regular operator; used by Peninsula clubs and independent divers, and by Melbourne shops as an occasional Western Port training alternative. Snorkelling is common in summer.