The Joeys have claimed Australia's first title in the ASEAN (Association of South East Asian Nations) Football Federation after winning a dramatic penalty shootout against Bahrain in Jakarta.
Having earlier staged a come-from-behind 2-1 win over Bahrain during the group stage of the tournament, the Joeys knew they were in for a difficult match - which proved to be true.
Bahrain took the lead just before the half-time break when Ali Muneer finished off a well-worked counter attack with a simple tap-in.
The Joeys applied the pressure in the second half and with seven minutes of regular time remaining, their persistence paid off.
A well-delivered corner from Kamal Ibrahim was headed into the top right hand corner by substitute Marc Warren to equalise. The Joeys mounted a late surge and had three good chances to close the end of the match but the winner was not to be found and the final went into extra-time.
The Joeys continued to apply the pressure during extra-time, creating many opportunities, but only to be denied by the Bahrain goalkeeper who made numerous saves.
After 30 minutes of extra time, the match finished 1-1 and penalties would decide the champion team.
The first two penalties were converted by both teams.
Brendan Hamill missed Australia's third penalty, but the next Bahrain penalty struck the crossbar to keep the Joeys in the match.
The penalty shootout then went to sudden death and Bahrain missed their first attempt with Joeys goalkeeper, Lawrence Thomas, making a great diving save to his left. Australia's Kerem Bulut then stepped up and made no mistake as he blasted the winning penalty into the back of the net giving the Joeys an historic first for Australia in ASEAN, as well as a memorable tournament victory.
In the other match of the evening, Malaysia defeated Singapore 3-0 to take out third place at the tournament.
The Joeys will now return to Australia to continue their preparations for the AFC Under 16 Youth Championships to be played in Uzbekistan in October.
Australia 1 (Marc Warren 83') defeated Bahrain 1 (Ali Muneer Redha 44')
Australia won 5-4 on penalties
Australia: Lawrence Thomas (gk), Nathan Farrell, Petar Franjic, Brendan Hamill (C), Koh Satake (Marc Warren 70'), Nikola Stanojevic, Christopher Bush (Tedros Yabio 77'), Jared Lum, Kamal Ibrahim, Joseph Costa (Million Butshiire 65"), Kerem Bulut
Substitutes Not Used: Robert Kolak (gk) , Benjamin Harrington, Benjamin Kantarovski, Chahine Noujaim, Trent Sainsbury
Yellow Cards: Kerem Bulut, Marc Warren, Nathan Farrell