Shoalwater Bay is a large bay on the Capricorn Coast of Central Queensland, Australia 100 km north of the coastal town of Yeppoon and 628 km north-north-west of the state capital, Brisbane. Since 1966, the land surrounding Shoalwater Bay has been under the ownership of the Australian Defence Force, for the purpose of military training exercises. Shoalwater Bay is also a noted dugong habitat and is part of the Great Barrier Reef Marine Park. The bay is bounded by the Torilla Peninsula to the west and the Warginburra Peninsula and Leicester and Townshend islands to the east.

The Capricorn Coast is a stretch of coastline in Central Queensland, Australia and is part of the Shire of Livingstone.