The following lists the top 25 (end of year) charting albums on the Australian Album Charts, for the year of 1974. These were the best charting albums in Australia for 1974. The source for this year is the "Kent Music Report", known from 1987 onwards as the "Australian Music Report".
| Title | Artist | Highest pos. reached | weeks at No. 1 | ||
|---|---|---|---|---|---|
| 1. | Band on the Run | 1 | 7 | ||
| 2. | Goodbye Yellow Brick Road | 1 | 3 | ||
| 3. | Hot August Night | 1 | 29 (pkd #1 in 1973 & 74) | ||
| 4. | Caribou | 1 | 10 | ||
| 5. | Can the Can | 2 | |||
| 6. | Tubular Bells | 1 | 4 | ||
| 7. | The Sting | Motion Picture Soundtrack | 1 | 7 | |
| 8. | Jonathan Livingston Seagull | 1 | 4 | ||
| 9. | The Dark Side of the Moon | 2 | |||
| 10. | Journey to the Centre of the Earth | 2 | |||
| 11. | Quatro | 1 | 6 | ||
| 12. | Pin Ups | 4 | |||
| 13. | Back Home Again | 2 | |||
| 14. | Serenade | 1 | 7 | ||
| 15. | Ringo | 2 | |||
| 16. | Hard Road | 2 | |||
| 17. | Goat's Head Soup | 1 | 4 | ||
| 18. | 461 Ocean Boulevard | 2 | |||
| 19. | Slipstream | 3 | |||
| 20. | Diamond Dogs | 3 | |||
| 21. | My Name Means Horse | 3 | |||
| 22. | Buddha and the Chocolate Box | 5 | |||
| 23. | Burn | 7 | |||
| 24. | Bad Company | 6 | |||
| 25. | John Denver's Greatest Hits | 4 |
These charts are calculated by David Kent of the Kent Music Report and they are based on the number of weeks and position the records reach within the top 100 albums for each week.