The 1992 Australian Individual Speedway Championship was the 1992 version of the Australian Individual Speedway Championship organised by Motorcycling Australia. The final took place on 26 January 1992 at the North Arm Speedway in Adelaide, South Australia. The championship was won by Mildura's Leigh Adams who won the first of his record 10 national championships. Shane Parker from Adelaide was second (and the only rider who defeated Adams on the night) with Queensland's Mark Carlson in third place. Jason Lyons, also from Mildura defeated former champion Glenn Doyle and Queensland's Tony Langdon in a run-off for fourth place to grab the last Australian qualifying spot in the 1992 Commonwealth Final in England.