Friendly Beaches Reserve helps protect one of the few natural coastal systems remaining on the east coast of Tasmania. The coastal heath and the forests are known habitat for the nationally endangered Tasmanian devil. Friendly Beaches Reserve also protects these significant species and communities:
(nationally vulnerable), Scarlet Robin, White-bellied Sea-eagle (vulnerable in Tasmania).
Sand grasstree (nationally vulnerable), Southern grasstree, Warty paperbark (rare), Tasmanian blue gum, Juniper wattle (rare), Slender honey myrtle.
Black gum forest and woodland (endangered), Silver peppermint forest and woodland (vulnerable), Coastal heathland, Black peppermint coastal forest and woodland.