The best selling album in 1976 in Australia was THE BEST OF ABBA by ABBA.
| Rank | Artist | Album | Released |
| 1 | ABBA | THE BEST OF ABBA | 1975 |
| 2 | ROD STEWART | A NIGHT ON THE TOWN | 1976 |
| 3 | ABBA | ABBA | 1975 |
| 4 | QUEEN | A NIGHT AT THE OPERA | 1975 |
| 5 | NEIL DIAMOND | BEAUTIFUL NOISE | 1976 |
| 6 | ABBA | ARRIVAL | 1976 |
| 7 | EAGLES | THEIR GREATEST HITS 1971-1975 | 1976 |
| 8 | OL' 55 | TAKE IT GREASY | 1976 |
| 9 | PAUL MCCARTNEY & WINGS | WINGS AT THE SPEED OF SOUND | 1976 |
| 10 | SHERBET | HOWZAT | 1976 |
| 11 | BOB DYLAN | DESIRE | 1976 |
| 12 | BRYAN FERRY | LET'S STICK TOGETHER | 1976 |
| 13 | ALICE COOPER | ALICE COOPER GOES TO HELL | 1976 |
| 14 | FLEETWOOD MAC | FLEETWOOD MAC | 1975 |
| 15 | AC/DC | T.N.T. | 1975 |
| 16 | BILLY JOEL | PIANO MAN | 1973 |
| 17 | ROD STEWART | ATLANTIC CROSSING | 1975 |
| 18 | MARCIA HINES | MARCIA SHINES | 1976 |
| 19 | DAVID BOWIE | CHANGESONEBOWIE | 1976 |
| 20 | STATUS QUO | BLUE FOR YOU | 1976 |
| 21 | THE ROLLING STONES | BLACK AND BLUE | 1976 |
| 22 | THE BEATLES | ROCK 'N' ROLL MUSIC | 1976 |
| 23 | CHICAGO | CHICAGO X | 1976 |
| 24 | KISS | ALIVE! | 1975 |
| 25 | PETER FRAMPTON | FRAMPTON COMES ALIVE! | 1976 |
Source: Kent Music Report