Hindes has been included in the men's sprint squad as Britain seek to resolve the dilemma surrounding the team sprint, with Ross Edgar omitted from the team following last weekend's Track World Cup event in London.
British Cycling performance director Dave Brailsford said: "We have selected a very similar team to travel to the World Championships; the only difference is in the men's sprint squad.
"In London, Ross Edgar was in the early stages of recovering from an injury and we think the best option for him now is to focus his training in the gym and on the road over the next few months and as such he won't travel to Australia - this doesn't mean we have ruled him out of selection for the Olympic Games.
"The sprint coaches also feel that Philip Hindes has shown great potential in training and therefore it would be good for his development to shadow the World Championships team this year."
Britain won seven medals from 10 Olympic events at the Olympic Velodrome, but the men's team sprint squad have ground to make up on Germany and France if they are to retain their Olympic title.
Britain have struggled to fill the crucial starting spot since the retirement of Jamie Staff.
Edgar took on the role in London, but it is likely Jason Kenny will start as man one at the World Championships, which take place from April 4 to 8 at the Hisense Arena.
Hindes, who specialises in the man one role, is likely to travel for experience as a reserve behind Kenny, Sir Chris Hoy and Matt Crampton.
The 19-year-old was born in Krefeld, Germany and qualifies through his British-born father.
After representing Germany at junior level, Hindes joined British Cycling's Olympic academy programme in October 2010, alongside riders including Laura Trott and Jess Varnish.
Trott is set to travel to Melbourne to defend Britain's team pursuit world title as part of the same squad which won gold in the Track World Cup in a world record time.
Wendy Houvenaghel, Dani King and Joanna Rowsell have also been selected.
The men's endurance group is comprised of Steven Burke, Ed Clancy, Pete Kennaugh, Ben Swift and Geraint Thomas, while the world record-breaking pair of Victoria Pendleton and Varnish have been named for the women's sprint disciplines.
Brailsford said: "The London World Cup was very positive for us in terms of performance and we're looking to continue the momentum going into the World Championships.
"Overall, we're going to Australia feeling confident, and we're looking forward to competing one last time before the Olympic Games."
British Cycling team for the Track Cycling World Championships, April 4 to 8, Melbourne, Australia:
Sprint: Matt Crampton, Philip Hindes, Sir Chris Hoy, Jason Kenny, Victoria Pendleton, Jess Varnish; Men's endurance: Steven Burke, Ed Clancy, Pete Kennaugh, Ben Swift, Geraint Thomas; Women's endurance: Wendy Houvenaghel, Dani King, Joanna Rowsell, Laura Trott.