Holwell Falls is the largest and most impressive waterfall in Holwell Gorge State Reserve, Tasmania, located along Andersons Creek.

It sits further along the gorge track beyond the first waterfall (Holwell Gorge Falls), and can also be accessed from the top end via Kerrisons Road. The full return walk to see both waterfalls and the cascades in between takes approximately three hours.

The track becomes more degraded beyond the first waterfall, and route-finding requires care to stay along Andersons Creek rather than inadvertently following Cotton Creek.