After an eight-round World Cup season in North America and Europe, the Skeleton season concluded with the World Championship, with sliders having four runs down the 1250 metre course.
Lincoln-Smith was Australia's best hope after five top 10 placings during the regular season, and her plans looked to be on track after recording the 11th quickest time on the opening run.
However, the New South Wales slider couldn't maintain that form over the remainder of the runs and eventually finished in 12th position.
Team-mate Lucy Chaffer had a best time of 11th quickest on her third run, but couldn't maintain that speed, finishing three places behind Lincoln-Smith in 15th place.
Germany's Marion Thees won her second consecutive Women's Skeleton World Championship, narrowly beating her countrywomen and World Cup winner, Anja Huber. Canada's Melissa Hollingsworth took the bronze medal.
John Farrow was the only Australian man competing in the Men's event and was hoping to record a top 20 finish.
The 29-year old started his campaign well with the 20th best time on his opening run, but slipped back to eventually finish in 23rd position.
Latvia's Martins Dukurs won the Men's event by nearly two seconds from Russian Alexander Tretiakov, with German Frank Romel taking third.