Cascade Falls is a small but scenic waterfall located in Macquarie Pass National Park on the NSW South Coast, inland from Kiama on the escarpment above the Illawarra Highway.

It sits near Kangaroo Valley at the bottom of Macquarie Pass, and is reached via the Cascades Track — a straightforward walk through lush rainforest that begins on the opposite side of the Illawarra Highway from the Macquarie Rivulet Track.

The falls are thin and modest in volume, particularly in drier conditions, but the surrounding rainforest vegetation is considered the real highlight of the area. The track ends directly at the waterfall, making it a simple out-and-back route.