Acting Superintendent Murray Lundberg said the teenager's survival was "mind boggling".
"I haven't got words to describe his fortunate luck," he said.
He said the teenager and his mates were camping in the forest when they came across the dance party and were denied entry.
The youth apparently thought he could get into the function from around the back, through the bush, with no lights and no knowledge of the terrain, "and he's just fallen off the side of a cliff".
A number of trees had to be chopped down before the teen could be winched aboard the helicopter.
It's understood the boy was trying to get into Solstium Shadows - A Winter Solstice Bush Gathering.
The two-day rave was being held at a site off Rope Road, in the heart of the forest.
-AAP