Fig Tree Falls is a waterfall located on Insulator Creek in the Paluma area of North Queensland, Australia. It sits within a lush rainforest setting notable for its impressive fig trees, which tower over the surrounding bush and give the falls their name.

The falls are accessible via the Bamabroo Track, which connects several highlights along the creek corridor.

Fig Tree Falls lies approximately 100 metres upstream from the Bamabroo Track junction, with Insulator Falls and Gorge found 150 metres in the opposite direction downstream.

The combination of cool creek water, giant figs, and cascading falls makes this a popular destination for bushwalkers based in the Townsville region.