The survey, conducted by the Australian Broadcasting Corporation (ABC), was topped by Pink Floyd's 1973 opus The Dark Side Of The Moon. The acclaimed record fended off the challenge from the late American Jeff Buckley's 1994 album Grace.
The remainder of the top five are occupied by British groups, with Radiohead's OK Computer in third place and The Beatles in both fourth and fifth spots with Abbey Road and Sgt Pepper's Lonely Hearts Club Band respectively.
Australia's Top 10 favourite albums in full:
1. The Dark Side of the Moon - Pink Floyd (1973)
2. Grace - Jeff Buckley (1994)
3. Ok Computer - Radiohead (1997)
4. Abbey Road - The Beatles (1969)
5. Sgt Pepper's Lonely Hearts Club Band - The Beatles (1967)
6. Nevermind - Nirvana (1991)
7. Four - Led Zeppelin (1971)
8. Blood Sugar Sex Magik - Red Hot Chilli Peppers (1991)
9. Bat Out of Hell - Meat Loaf (1977)
10.The Joshua Tree - U2 (1987)