Waubs Bay, often just called The Bay, is the main shore dive at Bicheno and one of the easiest good dives on the Tasmanian east coast. Michael McFadyen describes it as having an excellent entry and exit point, with the rock sloping gently back to shore, and recommends a minimum of an hour underwater. The dive follows the edge where the sand meets the reef and kelp, starting at about 7 m and gradually deepening past 15 m.

Along the route are several bommies, at about 10 m and 13 m, and a large split bommie known as The Rock at about 15 m. The sand edge is the place for rays: stingrays, bull rays, eagle rays and banded stingarees are all recorded, and Indo Pacific Images lists weedy seadragons, scorpionfish, cuttlefish and crabs. McFadyen found large pot-bellied seahorses, over 200 mm long and yellow with black spots, in the kelp, along with cowfish, squid, schools of trevally, bream, starfish, sponges and anemones.

The Spirit of Tasmania guide mentions six shore dives around Waubs Bay, and older guides name several shore sites around the bay - The Rock, Cray Tubes, Blue Waters, Souvenir Shells, Suntrap and Rice Pebble - although these are not documented separately. The core dive from the breakwater covers the best of them.

The Bay suits every level of diver and is the usual final dive of a club weekend in Bicheno. It is also an excellent night dive. Divers should note that the Gulch, the channel next to the breakwater used by boats, is off-limits for swimming and diving under the Governor Island reserve rules because of currents and boat traffic, so keep to the bay side.

Bicheno is on the Tasman Highway (A3), about 2 hr 15 min from Hobart and 2 hr from Launceston. From the main highway intersection head north along Burgess Street beside the park, then turn right towards the old harbour and the Gulch; park near the concrete breakwater, a few metres from the water. Enter from the inside edge of the concrete breakwater, where the rock slopes into the water; McFadyen reports a railing was installed in 2023 to help divers in and out.

Swim out on the surface before descending in about 7 m. The carry from car to water is under 50 m.

Waubs Bay and the breakwater area are sheltered from southerly swell and from westerly winds, which blow offshore, so they are the fallback when the outer sites are rough. Easterly and north-easterly swell rolls straight into the bay and makes entry and exit over the rocks hazardous, and the afternoon NE sea breeze in summer chops up the surface. Visibility drops after big southerly blows and heavy rain.

Best at any time of day on a westerly; plan at least an hour.

Swim out from the breakwater, descend and head south to the sand edge at 7-10 m. Follow the edge west and north-west with the reef and kelp on your right, passing bommies at 10 m and 13 m to The Rock, a split bommie at about 15 m. Return the same way, searching the kelp for seahorses on the way back.

Allow at least an hour.

Independent shore dive; historically guided by Bicheno Dive Centre (status unconfirmed - reported closed). Club groups (Tas Uni Dive Club, TSDC, Leven Scuba Club, Combined Clubs Weekend) shore-dive here on Bicheno weekends, usually on the last afternoon.