Woods, 23, niece of top-rated men's golfer Tiger Woods, is ranked 154th after winning the tournament Sunday by two strokes with a 72-hole total of 16-under 276.
Cheyenne Woods previously won the 2012 SunCoast Ladies Series LPGA International.
The Australian Ladies Masters is a main event on the Australian Ladies Professional Golf Tour and co-sanctioned by the Ladies European Tour.
Those two tours and the LPGA sanction this week's ISPS Handa Women's Australian Open, which begins Thursday in Victoria.
No. 1-ranked Inbee Park isn't in the field, opening a chance for No. 2 Suzann Pettersen and third-ranked Stacy Lewis to cut into her lead. Also on hand this week is fourth-ranked Lydia Ko, who finished third, behind Jiyai Shin and Yani Tseng when Ko was competing as an amateur.
The women's world golf Top 10, listing player's name, home country and rankings points average:
1. Inbee Park, South Korea, 9.93
2. Suzann Pettersen, Norway, 9.66
3. Stacy Lewis, United States, 8.68
4. Lydia Ko, New Zealand, 7.31
5. Ryu So-yeon, South Korea, 6.21
6. Feng Shanshan, China, 5.79
7. Choi Na-yeon, South Korea, 5.10
8. Karrie Webb, Australia, 4.69
9. Lexi Thompson, United States, 4.62
10. I.K. Kim, South Korea, 4.13