Apsley Falls comprises two cascading waterfalls on the Apsley River in the Northern Tablelands of New South Wales, located about 20 kilometres east of Walcha within Oxley Wild Rivers National Park.

The first drop plunges approximately 65 metres into a deep gorge, while a second fall, roughly 800 metres downstream, descends 58 metres. Together they rank among the most dramatic scenery in eastern Australia.

Explorer John Oxley passed the falls in September 1818, calling them "one of the most magnificent waterfalls we have seen" and initially naming them Bathurst Falls. The site holds cultural significance as a traditional meeting place for Aboriginal people.

Access is off the Oxley Highway, about one kilometre from the main road, and the falls sit within a section of the national park that functions largely as a self-contained precinct.