Lando Norris ended the session fastest, pipping Carlos Sainz who was the surprise of the opening hour of running in Melbourne.
The session was twice interrupted by red flags; once when Jack Doohan dipped a wheel and dragged gravel onto the track at Turn 6, and the other for a hefty crash for Oliver Bearman.
There was also a moment at Turn 4 for George Russell, who skated on at the left-hander and spun into the tyre barrier almost as the chequered flag waved.
| Pos | Num | Driver | Team | Laps | Diff | Best |
| 1 | 4 | Lando Norris | McLaren – Mercedes | 21 | 1:17.252s | |
| 2 | 55 | Carlos Sainz | Williams – Mercedes | 25 | 0.149s | 1:17.401s |
| 3 | 16 | Charles Leclerc | Ferrari | 21 | 0.209s | 1:17.461s |
| 4 | 81 | Oscar Piastri | McLaren – Mercedes | 20 | 0.418s | 1:17.670s |
| 5 | 1 | Max Verstappen | Red Bull – Honda | 21 | 0.444s | 1:17.696s |
| 6 | 23 | Alex Albon | Williams – Mercedes | 18 | 0.461s | 1:17.713s |
| 7 | 63 | George Russell | Mercedes | 26 | 0.464s | 1:17.716s |
| 8 | 14 | Fernando Alonso | Aston Martin – Mercedes | 23 | 0.484s | 1:17.736s |
| 9 | 6 | Isack Hadjar | Racing Bulls – Honda | 25 | 0.595s | 1:17.847s |
| 10 | 18 | Lance Stroll | Aston Martin – Mercedes | 20 | 0.805s | 1:18.057s |
| 11 | 22 | Yuki Tsunoda | Racing Bulls – Honda | 23 | 0.809s | 1:18.061s |
| 12 | 44 | Lewis Hamilton | Ferrari | 20 | 0.819s | 1:18.071s |
| 13 | 7 | Jack Doohan | Alpine – Renault | 20 | 0.980s | 1:18.232s |
| 14 | 12 | Kimi Antonelli | Mercedes | 25 | 1.138s | 1:18.390s |
| 15 | 5 | Gabriel Bortoleto | Sauber – Ferrari | 22 | 1.186s | 1:18.438s |
| 16 | 30 | Liam Lawson | Red Bull – Honda | 22 | 1.203s | 1:18.455s |
| 17 | 10 | Pierre Gasly | Alpine – Renault | 23 | 1.253s | 1:18.505s |
| 18 | 27 | Nico Hulkenberg | Sauber – Ferrari | 18 | 1.334s | 1:18.586s |
| 19 | 31 | Esteban Ocon | Haas – Ferrari | 16 | 1.887s | 1:19.139s |
| 20 | 87 | Oliver Bearman | Haas – Ferrari | 12 | 2.060s | 1:19.312s |
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