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| Pick | # ↧ | Club | Detail | Player | Age | Height | Weight | Original Club | Games | Goals | Votes | Awards |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Melbourne | Jamie Shanahan | 30yr | 194cm | 99kg | Hobart FC | 37 | 0 | 0 | |||
| 2 | Hawthorn | Joel Smith | 20yr | 185cm | 88kg | Yarrawonga/Murray U18 | 163 | 39 | 18 | AA: 2001, 2003; B&F: 2001 | ||
| 3 | Port Adelaide | Matthew Bode | 18yr | 178cm | 77kg | Brighton Districts & Old Scholars/Glenelg | 108 (29) | 96 | 12 | |||
| 4 | Sydney | Adam Coghlan | 22yr | 187cm | 82kg | Shepparton Swans/Murray U18/Sandringham | 0 | 0 | 0 | |||
| 5 | North Melbourne | Damian Houlihan | 22yr | 188cm | 93kg | Corowa-Rutherglen | 0 | 0 | 0 | |||
| 6 | Western Bulldogs | Redrafted | Scott Taylor | 21yr | 180cm | 82kg | Grovedale/Geelong U18 | 0 | 0 | 0 | ||
| 7 | St Kilda | Matthew Carr | 19yr | 191cm | 87kg | East Fremantle | 162 (28) | 66 | 7 | |||
| 8 | Adelaide | |||||||||||
| 9 | Hawthorn | Jason Daniltchenko | 22yr | 191cm | 98kg | Bayswater | 0 | 0 | 0 | |||
| 10 | North Melbourne | Brady Anderson | 22yr | 178cm | 77kg | East Perth | 27 | 2 | 0 | |||
| 11 | St Kilda | Redrafted | Jamie Elliott | 24yr | 185cm | 85kg | Maryborough FC | 0 | 0 | 0 | ||
| 12 | Hawthorn | Haydon Kilmartin | 24yr | 178cm | 80kg | North Hobart | 10 | 1 | 0 | |||
| 13 | St Kilda | |||||||||||
| 14 | Hawthorn |