Watson has played six Indian Premier League seasons with the Rajasthan Royals, while Faulkner joined him this year, and both contributed to push the franchise into the final of the Champions League T20 this month.
By contrast, none of the Indian squad call Jaipur home during the IPL season.
"We've played here before as a team and Shane's played a lot of cricket at this venue," wicketkeeper Brad Haddin told media on Tuesday.
"He's pretty familiar with his surface."
A tinge of green on the wicket, which has a reputation for producing seamer-friendly decks, is also sure to excite Australia fast bowling corps ahead of Wednesday's clash in Jaipur.
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Watson, Faulkner and captain George Bailey all spent time inspecting the wicket and seemed suitably impressed.
"I hope (it is good for the seamers)," Haddin said.
"(The outfield) is in outstanding condition.
"From the looks of that it's going to be a high-scoring game.
"Traditionally the wicket here has been a very good batting wicket."
In Pune, Watson and Faulkner also made use of the nighttime conditions, which bring a covering of dew across the ground, as Australia claimed a 72-run victory in the opening clash.
Faulkner finished with three wickets, while Watson bagged 2-31 including the valuable wicket of Virat Kohli.
But the vital Indian batsman does not accept that their history with the ground, or the bouncy pitch, will give Australia the upper hand.
"I don't think (it's an advantage)," Kohli said on Tuesday.
"They've played Twenty20 cricket here.
"But they haven't played a lot of 50 over cricket which is a different ball game altogether.
"...Obviously they're going to have a fair idea of this wicket, how to play on it and how to bowl on it.
"But we've played more on this wicket as far as the one day format is concerned."
Despite Australia's dominant bowling performance in Pune being built around their fast bowlers, Kohli said the grassy pitch would favour both sides.
"I think it should be equal for both the teams," Kohli said.
"Any team that plays on this wicket, we always know in Jaipur that you need to bat well (and) back your strengths."
He spent a long time in the nets on Tuesday as he fights to keep his place in the side.
India's spin ace Ravi Ashwin sat out the team's final practice, but is in no danger of missing the game with Kohli saying all players were available for selection.