That is the reward for the Israeli who swept aside Matthew Dellavadova of Australia's 6-2 6-1 in round two.
Seeded four in Melbourne, Oliel beat Francesco Forti of Italy 6-3 6-1 in the first round. He is also through to the second round of the doubles with his Belgian partner Zizou Bergs.
Oliel, who turned 17 earlier this month, is the great future hope of Israeli tennis. "Being the world No. 1 or winning a grand slam is a dream, but I very much hope I can make the top 10," Oliel said before traveling to Australia.
"My friends think that tennis is fun and it is fun, but it's an enormous amount of hard work and you have to cope with a lot of pressure."