Preservation Bay is a rural locality in the local government area (LGA) of Central Coast in the North-west and west LGA region of Tasmania. The locality is about north-west of the town of Ulverstone. The 2021 census recorded a population of 100 for the state suburb of Preservation Bay.
Preservation Bay is a confirmed locality.
The locality was first settled by Europeans in 1852.
The waters of Preservation Bay, an inlet of Bass Strait, form the northern boundary. The Western Railway Line passes through from north-east to north-west.
National Route 1 (Bass Highway) passes to the south. From there, Preservation Drive provides access to the locality.