Yarra Junction was a railway station on the Warburton railway line east of Melbourne, Australia. The station operated until the line closed in 1965. The building was constructed in 1888 as the Lilydale railway station and was relocated to Yarra Junction in 1914, due to the provision of a new station at Lilydale. The building now houses the Upper Yarra Museum.

Between 1913 and 1945, Yarra Junction was the junction station for the 3-foot (914 mm) gauge Powelltown Tramway.