UPDATE 1-Golf-Woods does not disappoint on return to Australia

* Woods joint leader after shooting 66

* Bogeys final hole to surrender outright lead (adds details, quotes)

By Ian Ransom

MELBOURNE, Nov 12 (Reuters) - Tiger Woods gave Australian golf fans a taste of what they have been missing over the last decade by shooting a six-under-par 66 for a share of the first round lead at the Australian Masters on Thursday.

Woods, playing in Australia for the first time in 11 years, thrilled galleries packed six-deep on each hole, notching seven birdies for a one-stroke lead with South Africa's Branden Grace and Australian James Nitties.

"I felt pretty good today, I hit the ball pretty decent. I didn't get my irons that close but took advantage of the par fives," the world number one told reporters at the co-sanctioned A$1.5 million ($1.4 million) tournament.

"I bogeyed the last hole and missed two shots for birdie but other than that it was a pretty good day."

Taking advantage of benign morning conditions, the 14-times major champion attacked Kingston Heath's greens and had little trouble reaching on the course's longer holes. He picked up four birdies in five holes coming in to the clubhouse.

"One, the wind wasn't really blowing. Two, the greens were soft. So we can be pretty aggressive and hit it into the greens," said Woods, whose only lapse was a bogey on his last hole to surrender the outright lead.