Organisers of the annual Falls Festivals – held in Marion Bay, Tasmania, and Lorne in Victoria over the two-day New Year's Eve period – have announced they've now completely sold out.

The Lorne leg sold out within minutes of going on sale, but the Tassie show took a few weeks longer before officially selling out on Wednesday.

Punters at both events will be ringing in the New Year with the likes of Kings Of Leon, Groove Armada, Black Rebel Motorcycle Club, Jose Gonzalez, Blackalicious, Built To Spill, Paul Kelly, The Go! Team, The Mess Hall, Magic Dirt, Angus & Julia Stone, Bonde Do Role, Clare Bowditch, Regurgitator, Operator Please, The Herd and Lior.