The gBall, contains GPS and motion sensors, with data interpreted by special algorithms, developed in Google's Sydney headquarters.
It will be used in school and amateur competitions and will go on sale in sports shops this weekend.
"Quite simply, this is the killer footy app," said Alan Noble, head of engineering at Google Australia.
"Google is no longer just searching for web results. We're searching for the next Buddy Franklin, Tony Lockett or Darren Jarman. We're thrilled to work with Sherrin to launch this incredible technology."
Users can plug in and register their gBall online. The gBall's GPS and motion sensor systems will monitor the location, force and torque of each kick.
The data is interpreted by DENNIS ("Dimensional, Elastic, Non-Linear, Network-Neutral, Inertial Sequencing"), which plots the ball's trajectory, accuracy and distance.
Google can provide users with detailed online kicking tips, style suggestions and tutorials based on their gBall kicking data.
Kicking data is also sent to national talent scouts and player agents. The gBall will vibrate if talent scouts or player agents want to make contact with the user. Users can then log in to their gBall account to make contact.
Also, anyone who misplaces his or her gBall will be able to search Google Maps to locate it.
"The Sherrin-Google partnership is like meat pies and a beer - great on their own, but even better when put together at the footy," said Chris Lambert, managing director of Sherrin.
"We've been making footballs for 129 years, but this is the most advanced ball technology anywhere in the world."
This is an April Fool's joke courtesy of Google
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