A pick swap that would see two of this season's top five selections is reportedly being discussed ahead of Wednesday's AFL Draft.

The Kangaroos currently hold the second overall selection at this year's count, with the selection already gaining plenty of interest from rival clubs.

According to The Age's Daniel Cherny, Hawthorn are in talks with North Melbourne in regards to a trade that would see the Hawks package their first-round selection (pick 5) to the Kangaroos in exchange for the second selection of the night.

The report suggests the Hawks are keen on Western Australian key forward Logan McDonald and are aiming to move up the draft order to potentially secure the teenager's services.

The Kangaroos are believed to have their attentions tuned to midfielder Elijah Hollands, who is unlikely to fall in the top four selections of the night.

Pre-draft pick swaps are not permitted in the final week prior to the draft, with teams only able to swap selections live during the count.

The Cats and Eagles are also understood to be keen on moving into the first-round of the draft, with the Tigers reportedly open to moving their first selection of the night at pick 17, Cherny reports.