Oxley Falls is a waterfall on the Upper Mersey River in Tasmania, located south of Lake Rowallan in the Mersey Forest area. It is the second waterfall encountered on the Lee's Paddock track, reached after first passing Lewis Falls.

Access begins along Mersey Forest Road, where hikers cross a suspension bridge over the Mersey River before following the track upstream. The route to Oxley Falls is unsigned and easy to miss, with only tree ribbons marking the diversion from the main track.

Some bushwalking experience is recommended, as the trail involves muddy sections and requires careful navigation. The return hike to both Lewis and Oxley Falls covers roughly 7.

9 kilometres and takes around three hours, passing through beautiful Tasmanian wilderness scenery.