Walwa (/ˈwɒlwə/; Aboriginal for "a place of waters"), is a town in the Shire of Towong in north east Victoria, Australia.

[1] Across the river on the New South Wales side are the nearby towns of Jingellic and Tumbarumba.

[2] The First Nations owners of this Country are the "Dhudhuroa" speaking people, whose language was spoken in the Murray River Valley from Albury to around Welaregang and Corryong, and inland along the lower Mitta Mitta River, Tallangatta Creek and parts of the Kiewa Valley.

Golfers play at the course of the Walwa Golf Club on Murray River Road.

The Bureau of Meteorology has kept rainfall records at Walwa since 1884, showing a distinct peak in the winter months.