I've just come back to Australia. I paddled out at 8am yesterday on a great reef break, the only other surfer joined me after 45 minutes alone. Alone besides the dolphins, that is :)
That said, I don’t think it would be worth it. You usually don’t want to take the first wave in a big set anyways, because if you miss it then you can get stuck in the impact zone for the whole set.
And if you just watch for bigger waves from where you can catch the normal ones, then you’ll have a dozen other guys to fight for it when it comes, since that’s what everybody else is doing.
A sub would also need a floating antenna on the surface to receive GNSS signals for station keeping, and to transmit alerts. Those signals are blocked by water.