Host City: Melbourne, Australia
Venue(s): Royal Exhibition Building, Melbourne, Victoria
Date Started: November 28, 1956
Date Finished: December 1, 1956
Format: Elimination by bad points. Win by fall = 0 points; win by decision = 1 point; loss by 2-1 decision = 2 points; loss by 3-0 decision = 3 points; loss by fall = 3 points. Three judges gave decisions, thus all decisions were either 2-1 or 3-0. Five bad points eliminated a wrestler.
|Silver:||Mohamed Ali Khojastehpour|
Turkey’s Hüseyin Akbaş came in as the 1954 World Champion and a slight favorite. Japan’s Yushu Kitano had won silver at Helsinki in 1952, the 1954 Asian Games, and at the 1954 Worlds, but he did not compete in Melbourne. Akbaş made the final round, along with Soviet wrestler Mirian Tsalkalamanidze, bronze medalist at the 1954 Worlds, and Iranian Mohamed Ali Khojastehpour. Akbaş lost by decision to Khojastehpour and was eliminated. The final match matched Tsalkalamanidze and Khojastehpour, with the Soviet wrestler winning by fall in 4:00 to secure the gold medal.
|1||Mirian Tsalkalamanidze||29||Soviet Union||URS||Gold|
|2||Mohamed Ali Khojastehpour||Iran||IRI||Silver|
|5T||Richard Delgado||25||United States||USA|
|AC||Baban Daware||India||IND||Eliminated r3/6||7|
|AC||Abdul Aziz||21||Pakistan||PAK||Eliminated r3/6||7|
|AC||Lee Jeong-Gyu||South Korea||KOR||Withdrew r3/6||3|
|AC||Fred Flannery||32||Australia||AUS||Eliminated r2/6||6|
|AC||Luigi Chinazzo||24||Italy||ITA||Eliminated r2/6||6|