Acheron is a small town in Victoria, Australia.
It is located along the Maroondah Highway, near the junction of Acheron River and Goulburn River. The town was initially known as Acheron Lower, with Acheron Upper being what is now known as Taggerty. Both towns developed following the discovery of gold in Acheron River in 1870.
The town was affected by the Black Friday bushfires of 1939. Seven people died near the town whilst fleeing the fires.