Nug Nug Falls is a hidden waterfall tucked away in the Buffalo River Valley near Mount Buffalo in Victoria's High Country.

It is accessible on foot via tracks that lead up behind the campground in the valley, making it a rewarding find for hikers willing to explore beyond the main tourist routes.

Because of its secluded nature, the falls offer a quieter alternative to Mount Buffalo's more prominent cascades. As with other waterfalls in the area, flow is best following significant rainfall.