The falls are located approximately 5 kilometres south of the locality of Beech Forest at an elevation of 314 metres above sea level and range between 45–49 metres in height. Hopetoun Falls adjacent to the Apollo Bay – Beech Forest Road about 4 kilometres south of the Beauchamp Falls turnoff and roughly 20 kilometres northwest of the coastal town of Apollo Bay.
Much attention has been given to preserving the natural characteristics of Hopetoun Falls while allowing ample access for visitors. The falls have a large set of well-built and maintained stairs that lead down a natural patio to a viewing platform very close to the foot of the waterfall. Hopetoun Falls plunges 30 m in a rectangular shape. Many visitors come every year to look at its natural beauty.