The tournament is FIFA's showpiece club event which features the champion clubs from all six continental confederations - including the UEFA Champions League winners.
Australia will face competition from this year's hosts Japan, who have hosted the event on the last three occasions, and the United Arab Emirates.
A decision will be made when the FIFA Executive meets in Sydney next week ahead of the 58th FIFA Congress.
"It's a very exciting competition, with the best team from each of the six FIFA Confederations and a team from the host nation participating," said Football Federation Australia (FFA) chief executive Ben Buckley.
"Australia has quality facilities; good systems and infrastructure and the capacity to develop more; stable governance; and football fans and all-round sports fans who are knowledgeable and passionate.
"Next week's FIFA Congress is part of that strategy, as is the 2015 Asian Cup, bidding for the 2018 FIFA World Cup and also the 2009 and 2010 Club World Cup."