Lady Musgrave Island features a diverse underwater topography including reef, wall, and drop-off sections. Divers can explore depths ranging from 2 to 25 metres, with an average depth of 15 metres. The site is accessed by boat and offers visibility between 25 and 35 metres. While the lagoon provides sheltered conditions, the outer areas are subject to mild currents. Divers should be aware of potential hazards including significant depths, strong currents, and the presence of sharks. The site is suitable for intermediate divers, and night diving is available. All activities require boat support and careful planning around tidal conditions.

Dunkin's is a boat-access site off Lady Musgrave Island featuring a combination of reef and wall topography. Divers typically experience depths between 10 and 18 metres with visibility ranging from 10 to 30 metres. The site is suitable for beginners, though it is a drift dive where currents can occasionally strengthen. Marine life recorded here includes wrasses, rock cod, and common coral trout. Divers may also encounter green sea turtles, hawksbill sea turtles, and various butterflyfish species such as the teardrop, Rainford's, and chevron butterflyfish. Other species present include unicornfish, Pacific bullethead parrotfish, moorish idols, Pacific trumpetfish, Pacific sailfin tang, and elongate clams.

Entrance Bommies is a reef site located off Lady Musgrave Island, Australia, featuring formations of foliose and plate coral. The site is suited for intermediate divers, with depths typically ranging from 14 to 18 metres. Access is by boat only. Visibility varies between 12 and 30 metres, and while currents are generally mild, they can strengthen with little warning. Divers should monitor their depth and nitrogen levels closely throughout the dive. Due to the presence of sharks, maintain a safe distance and avoid contact with the reef. Checking current conditions before descending is recommended to ensure a comfortable dive.

Jeff’s Edge is a wall and drift dive site located at Lady Musgrave Island. The wall drops between 8 and 20 metres, with an average depth of 15 metres. Divers experience visibility ranging from 15 to 30 metres. This site is suited for intermediate divers comfortable with strong currents, which are a constant feature. Access is by boat only, and guided tours are available to assist with navigating the wall's layout and current flow. Divers should be prepared to drift and maintain proximity to the wall structure, where coral formations provide shelter from the current. Always carry an SMB for ascent.

The Campgrounds at Lady Musgrave Island offers a diverse underwater experience combining wall, reef, and drift diving. Divers can explore depths between 12 and 17 metres, with visibility ranging from 12 to 30 metres. The site is characterised by a moderate current, which requires intermediate skill and good buoyancy control. Access is by boat only, and divers should be prepared for drift conditions. The reef structure features hard and soft corals, with anemones present in shallower areas. Marine life includes turtles, manta rays, and pelagic fish. Sharks are present at this site, so maintain awareness of your surroundings and keep a respectful distance.

Lady Musgrave Aquarium is a protected coral lagoon located off Lady Musgrave Island, offering a sheltered environment for divers and snorkellers. The site features hard coral formations at depths of 7 to 10 metres, with visibility ranging from 10 to 25 metres. Divers regularly encounter green sea turtles and hawksbill sea turtles, alongside wrasses, Pacific Bullethead Parrotfish, and Barrier Reef Anemonefish. Other species recorded include Tasselled Wobbegong, Bluespotted Fantail Ray, and Common Coral Trout. Conditions are generally relaxed with mild currents. Access is by boat, and visitors should remain aware of boat traffic and sharp coral when entering or exiting the water.

Turtle Bommie is a reef site located 200 metres from Lady Musgrave Island, Australia. The site features a central coral bommie rising from the seafloor, with depths ranging from 5 to 18 metres and an average of 10 metres. Visibility typically spans 15 to 30 metres. Divers and snorkellers frequently encounter green sea turtles and hawksbill sea turtles resting among the coral. Other common species include wrasses, Pacific bullethead parrotfish, and cleaner wrasse stations. Less common sightings include tasselled wobbegong, bluespotted fantail rays, and various reef fish. Access is by boat only. Be mindful of sharp coral when entering and maintain a safe distance from sharks present in the area.

Turtle Cleaning Stations at Lady Musgrave Island is a shallow reef site defined by its natural coral wall, which forms a calm lagoon protected from ocean currents and swell. The site reaches depths of 7 to 10 metres, with visibility typically ranging between 15 and 25 metres. Access is by boat only. The environment is suitable for beginners, though divers should remain mindful of surge and sharp coral. Guided tours are recommended to locate active cleaning areas. Divers should maintain a respectful distance from marine life to ensure natural cleaning behaviours are not interrupted.