Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 09/1997 |  | Aleksandar Đurić | FW | |||
| 07/1997 |  | Frank Mikuletic | GK |  | APIA Leichhardt FC | APIA Leichhardt |
| 07/1997 | | David Miller | GK | |||
| 07/1997 |  | Alex Kuzmanović | DF |  | South Melbourne FC | South Melbourne |
| 07/1997 | | Bill Misailidis | DF | |||
| 07/1997 |  | Pedro Oliveira | DF | |||
| 07/1997 | | Corey Artone | MF |  | Enfield City FC | Enfield City |
| 07/1997 | | Bigu | MF | |||
| 07/1997 | | Lou Hristodoulou | MF |  | Panathinaikos A.O. | Panathinaikos |
| 07/1997 | | Adrian Iandorio | MF | |||
| 07/1997 | | George Kollias | MF | |||
| 07/1997 | | Aaron Westervelt | MF |  | FFA CoE | FFA CoE |
| 07/1997 |  | Jose Iriarte | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 04/1998 | | Jim Tsekenis | FW |  | Heidelberg United | Heidelberg Utd. |
| 04/1998 | | Alex Kuzmanović | DF |  | Springvale White Eagles | Springvale WE |
| 04/1998 | | John Cutillo | MF | | Heidelberg United | Heidelberg Utd. |
| 04/1998 | | Andrew Borghetto | FW |  | Para Hills Knights SC | Para Hills |
| 04/1998 | | Aleksandar Đurić | FW | | Heidelberg United | Heidelberg Utd. |
| 01/1998 | | Pablo Cardozo | FW |  | Rapid Vienna | Rapid Vienna |
| 07/1997 | | Robert Hooker | DF |  | Sydney United 58 | Sydney Uni. 58 |
| 07/1997 | | Hamilton Thorp | FW |  | Portsmouth FC | Portsmouth |