Being at a similar altitude to the Japanese Fuji circuit, all the teams will find their power levels reduced due to the thinner air.
There are pros and cons to turning a park in to a racing circuit, and Albert Park shows them up well. On the downside, the surface is usually very green, particularly at the start of the weekend, so grip is in short supply; to the point, the teams need to judge how fast it will rubber in as the race progresses, and ensure their cars remain in balance, as those that do the best job will have a distinct advantage by the end of the race.
Overtaking is difficult, as there is limited room to play with compared with a dedicated race track, so expect qualifying and pit strategy to play an important role; on the other hand, when passes take place on the track, they are usually brave and memorable.