The whale was caught in nets off the popular tourist spot about 7:00am.
Fisheries Department officers from Noosa and Mooloolaba spent almost three hours trying to cut the whale free.
The whale's mother was close by during the rescue.
Fisheries shark control program manager Michael Mikitis said "They seem to sort of sense that we were there to help," he said.
"The mother wasn't distressed, [she] was actually laying alongside the juvenile for most of the release."