| P | Driver | Team | Lap time | Laps |
| 1 | Sebastian Vettel | Scuderia Ferrari | 01:23.380 | 12 |
| 2 | Valtteri Bottas | Mercedes | 01:23.859 | 12 |
| 3 | Lewis Hamilton | Mercedes | 01:23.870 | 12 |
| 4 | Kimi Räikkönen | Scuderia Ferrari | 01:23.988 | 10 |
| 5 | Nico Hülkenberg | Renault | 01:25.063 | 10 |
| 6 | Daniel Ricciardo | Red Bull Racing | 01:25.092 | 15 |
| 7 | Romain Grosjean | Haas | 01:25.581 | 11 |
| 8 | Carlos Sainz | Toro Rosso | 01:25.948 | 11 |
| 9 | Daniil Kvyat | Toro Rosso | 01:26.049 | 11 |
| 10 | Kevin Magnussen | Haas | 01:26.138 | 11 |
| 11 | Felipe Massa | Williams | 01:26.237 | 15 |
| 12 | Max Verstappen | Red Bull Racing | 01:26.269 | 7 |
| 13 | Sergio Perez | Force India | 01:26.457 | 12 |
| 14 | Fernando Alonso | McLaren | 01:26.556 | 7 |
| 15 | Stoffel Vandoorne | McLaren | 01:26.699 | 9 |
| 16 | Esteban Ocon | Force India | 01:27.103 | 16 |
| 17 | Lance Stroll | Williams | 01:27.327 | 12 |
| 18 | Marcus Ericsson | Sauber | 01:27.402 | 10 |
| 19 | Jolyon Palmer | Renault | 01:28.320 | 12 |
| 20 | Antonio Giovinazzi* | Sauber | 01:28.583 | 18 |
*Replaced Pascal Wehrlein from FP3 onwards
Note: Sauber F1 Team's Pascal Wehrlein withdrew from the Australian Grand Prix due to fitness concerns