In this paper, bayberry-like BiOBr/AgBr/LaPO4 nanocomposites were synthesized by microwave-assisted hydrothermal treatment. The composition, structure, and morphology of BiOBr/AgBr/LaPO4 nanocomposites were characterized by X-ray diffraction (XRD), X-ray photoelectron spectroscopy (XPS), UV−visible diffuse reflectance (UV−vis/DRS), high-power transmission electron microscopy (HR-TEM), scanning electron microscopy (SEM), and N2 adsorption−desorption measurements. The results show that the light absorption capacity of BiOBr/AgBr/LaPO4 is clearly enhanced and that a bayberry-like structure is more likely to produce diffraction and reflection of light on the surfaces of composites. AgBr in the composite is capable of reducing to Ag0 after light irradiation. Ag0, acting as a charge-transfer mediator, can be the medium, thus forming a Z-scheme structure. At the same time, the surface plasmon resonance (SPR) effect of Ag0 exhibits higher activity in the simulated sunlight photocatalysis process in BiOBr/AgBr/LaPO4. The photoelectrochemical methods further indicate that BiOBr/AgBr/LaPO4 possesses the best electron−hole pair separation ability. Furthermore, two different interface electron transfer modes and multipathway photoelectron migration in the composite are determined.