The women's 3 metre springboard, also reported as fancy diving, was one of four diving events on the diving at the 1928 Summer Olympics programme.

Divers performed three compulsory dives from the 3 metre board – running plain header forward, standing backward header, backward spring and forward dive – and three dives of the competitor's choice (different from the compulsory), from either board, for a total of six dives.

The competition was held on Thursday 9 August 1928.

Ten divers from four nations competed.

[1] Since there were only ten entries for this event, instead of groups, a direct final was contested.