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Wool Bay (formerly Pickering) is a locality and a former government town in the Australian state of South Australia on the east coast of southern Yorke Peninsula. It is located between Stansbury and Coobowie on the Yorke Peninsula, approximately 220 kilometres from Adelaide by road.
Today, the town of Wool Bay is popular with holiday makers. The beach of Wool Bay features a permanently moored pontoon which is maintained by the local progress association, several sun shelters and a cement boat ramp. A number of marine animals inhabit the waters of Wool Bay; dolphins and stingrays rays can frequently be seen close to shore, and fur seals often feed off the rocky outcrop between the second and third coves past the main bay in the early evening.