The health department confirmed on Tuesday the state is managing 14,131 total active cases.
It is the third straight day Victoria's case numbers have dropped, after 905 and 860 infections were reported on Sunday and Monday.
There are 394 virus patients in hospital, 72 in ICU are actively infected with COVID-19 and 61 have been cleared, with 44 on ventilators.
The state's seven-day hospitalisation average has fallen by 26 to 418.
Health officials say virus testers processed 53,527 results on Monday and 7191 people were vaccinated at state-run hubs.
About 87 per cent of Victorians 12 and over are now double-vaccinated, with the state inching closer to its 90 per cent target.
Once the mark is reached, initially forecast for about November 24, Victorians are promised a return to normality with patron caps removed and masks only required on public transport and in high-risk settings.
Premier Daniel Andrews flagged a date for when the new restrictions will take effect is set to be announced later this week.
"It might be Thursday. It might be Friday. It might be Saturday. It's not today," he told reporters at parliament on Tuesday.
"Not to be flippant about it, but we have to be clear on exactly what day we will tick over the 90 per cent, and consistent with what we did at 80 per cent and 70 per cent as well, we're trying to give people as much notice as possible.
"Restaurants that currently have COVID-safe capacity of, say, 100 people sitting down for lunch or dinner, they'll be able to go to much more than that."
Some data analysts predict the state could hit the 90 per cent milestone as early as November 22.
AAP with The Project.