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Full results from Free Practice 3 at the Formula 1 Australian Grand Prix from Albert Park.
| Pos | Num | Driver | Team | Laps | Time | Diff |
| 1 | 1 | Max Verstappen | Red Bull | 24 | 1:17.565 | |
| 2 | 14 | Fernando Alonso | Aston Martin | 26 | 1:17.727 | 0:00.162 |
| 3 | 31 | Esteban Ocon | Alpine | 22 | 1:17.938 | 0:00.373 |
| 4 | 63 | George Russell | Mercedes | 23 | 1:17.955 | 0:00.390 |
| 5 | 10 | Pierre Gasly | Alpine | 22 | 1:18.094 | 0:00.529 |
| 6 | 11 | Sergio Perez | Red Bull | 18 | 1:18.123 | 0:00.558 |
| 7 | 55 | Carlos Sainz | Ferrari | 28 | 1:18.127 | 0:00.562 |
| 8 | 44 | Lewis Hamilton | Mercedes | 25 | 1:18.138 | 0:00.573 |
| 9 | 18 | Lance Stroll | Aston Martin | 22 | 1:18.198 | 0:00.633 |
| 10 | 24 | Guanyu Zhou | Alfa Romeo Sauber | 20 | 1:18.330 | 0:00.765 |
| 11 | 27 | Nico Hulkenberg | Haas | 24 | 1:18.410 | 0:00.845 |
| 12 | 23 | Alex Albon | Williams | 21 | 1:18.553 | 0:00.988 |
| 13 | 16 | Charles Leclerc | Ferrari | 28 | 1:18.691 | 0:01.126 |
| 14 | 81 | Oscar Piastri | McLaren | 21 | 1:18.713 | 0:01.148 |
| 15 | 77 | Valtteri Bottas | Alfa Romeo Sauber | 24 | 1:18.809 | 0:01.244 |
| 16 | 22 | Yuki Tsunoda | Scuderia AlphaTauri | 22 | 1:18.901 | 0:01.336 |
| 17 | 2 | Logan Sargeant | Williams | 20 | 1:18.947 | 0:01.382 |
| 18 | 20 | Kevin Magnussen | Haas | 26 | 1:19.056 | 0:01.491 |
| 19 | 21 | Nyck de Vries | Scuderia AlphaTauri | 23 | 1:19.092 | 0:01.527 |
| 20 | 4 | Lando Norris | McLaren | 12 | 1:19.146 | 0:01.581 |
