| Tournament details | |
|---|---|
| Host country | New Zealand |
| Dates | 17–26 October |
| Teams | 5 |
| Final positions | |
| Champions |  Australia (4th title) |
| Runners-up |  Israel |
| Third place |  New Zealand |
| Fourth place |  Taiwan |
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The following teams entered the tournament:
Australia 
Fiji Israel New Zealand (host) Taiwan | Teams | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|
| Australia | 4 | 3 | 1 | 0 | 16 | 1 | +15 | 7 |
| Israel | 4 | 2 | 2 | 0 | 11 | 3 | +8 | 6 |
| New Zealand | 4 | 0 | 3 | 1 | 1 | 4 | –3 | 3 |
| Taiwan | 4 | 0 | 2 | 2 | 4 | 13 | –9 | 2 |
| Fiji | 4 | 0 | 2 | 2 | 3 | 14 | –11 | 2 |
| 17 October | Australia | 7–0 | Fiji |
| New Zealand | 1–1 | Israel | |
| 19 October | Fiji | 3–3 | Taiwan |
| Australia | 1–1 | Israel | |
| 21 October | Fiji | 0–4 | Israel |
| New Zealand | 0–0 | Taiwan | |
| 23 October | New Zealand | 0–0 | Fiji |
| Australia | 5–0 | Taiwan | |
| 26 October | Israel | 5–1 | Taiwan |
| New Zealand | 0–3 | Australia |
| 1986 OFC U-20 Championship |
|---|
 Australia Fourth title |
The tournament winner qualified for the 1987 FIFA World Youth Championship.
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