Catherine Saddle is a flat, open col situated along the route between Mt Speculation and the Wonnangatta River valley in Victoria's Alpine region.

It sits at the junction of the Australian Alps Walking Track and an old 4WD track that descends toward the river, making it a natural waypoint for walkers on the popular Wonnangatta circuit.

The saddle's level, spacious ground makes it a practical and pleasant camping spot. From here, the old 4WD track continues downhill through fern groves and past a water-slicked rock wall before reaching the Wonnangatta River.