Lilly Pond Falls is a seasonal cascade located within Nitmiluk National Park (Katherine Gorge) in the Northern Territory of Australia.

The falls feed into Lily Ponds, a popular natural swimming hole at their base, where water sprays off rocks into the pool below. The falls are reached via the Lily Ponds (Yambi Walk) trail, a demanding Grade 4 day walk of approximately 19.

8 km that takes around 6. 5 hours return. The route follows a creek through bushland atop the escarpment, offering views of the Third Gorge along the way, with the final kilometre considered particularly strenuous.

Swimming in the pond is seasonal, as is the flow of the falls themselves, making timing an important consideration for visitors.