Broken Falls is a waterfall on the MacKenzie River in the Grampians National Park, Victoria, Australia.

It sits along the route between the MacKenzie Falls car park and the main MacKenzie Falls, making it a natural stopping point for visitors exploring the area.

A dedicated Broken Falls Lookout offers sweeping views of the MacKenzie River and is reached via a short, sealed walking track from the MacKenzie Falls car park. The initial section of the track is steep, but the lookout itself is suitable for wheelchairs.

Walkers heading down to the base of MacKenzie Falls can also pass Broken Falls along the way, with the surrounding forest showcasing the remarkable regeneration of eucalypt woodland following major bushfires that swept through the Grampians in 2006 and 2009.