"Gotcha", an original song co-written by Mauboy, Ilan Kidron and Louis Schoorl was released as a single and peaked at number 43 on the ARIA Singles Chart. The album was well received by critics who praised the vocals and songs chosen to appear on the soundtrack. The Sapphires – Original Motion Picture Soundtrack peaked at number one on the ARIA Album Chart and was certified double platinum by the Australian Recording Industry Association (ARIA). It also reached number 15 on the New Zealand Albums Chart. A deluxe edition, featuring an additional five songs, was released on 16 November 2012.
The soundtrack received mostly positive reviews from critics who praised Mauboy's vocals on the tracks. Cameron Adams of News.com.au was pleased to hear Mauboy sing "old-school soul and R&B" and the songs "Land of a Thousand Dances", "I Can't Help Myself [Sugar Pie Honey Bunch]" and "I Heard It Through the Grapevine" showcased her "pure voice". Warwick McFadyen of The Age called the soundtrack a "gem" and noted that "Land of a Thousand Dances", "I Can't Help Myself (Sugar Pie Honey Bunch)", "I Heard It Through the Grapevine" and "What a Man", "set the standard, both in selection and execution, for the soundtrack". He also praised Mauboy's singing, and commented that the vocals of Jade MacRae, Lou Bennett and Juanita Tippens on some of the tracks added "more vocal lustre". Lynne McDonnell of TheMusic.com.au described the Yorta Yorta language song "Ngarra Burra Ferra" as "one of the many musical pillars in the album that draw you in". She ended her review, saying: "If there’s anything keeping this soundtrack from dominating other chart releases it is the sheer length, but the balance of modern and old makes for a great listen and a more than decent driving album."The Sapphires – Original Motion Picture Soundtrack was nominated for Best Original Soundtrack, Cast or Show Album at the ARIA Music Awards of 2012.
In Australia, The Sapphires – Original Motion Picture Soundtrack debuted at number 17 on the ARIA Albums Chart. Two weeks later it reached number one, where it remained for two consecutive weeks, and became the first Australian soundtrack since Moulin Rouge! (2001) to top the chart. It is the forty-first soundtrack in Australian record chart history to peak at number one. Additionally, the album is the 651st (since music data collection began in Australia in 1965), and the 510th (when the Australian Recording Industry Association (ARIA) took over data collection in 1983) to peak at number one in Australia.The Sapphires – Original Motion Picture Soundtrack was certified double platinum by the Australian Recording Industry Association (ARIA), denoting 140,000 copies shipped in Australia. On 15 October 2012, the album debuted at number 21 on the New Zealand Albums Chart, and peaked at number 15 on 29 October 2012.
An original song, "Gotcha", was released as the soundtrack's lead single on 13 July 2012. Co-written by Mauboy, Ilan Kidron and Louis Schoorl, it was praised for "deftly manag[ing] to be modern and retro all at once", and peaked at number 43 on the ARIA Singles Chart.