Victorian Liberal Party director Sam McQuestin has called out "internal challenges" faced during the party's unsuccessful bid for power, as he announced his departure from the position.
Mr McQuestin said he had advised the party of his intention to step down in October, "regardless of the election outcome".
He said while "the election result was not what we wanted" the statewide 3.5 per cent swing towards the Coalition "despite internal challenges" was a credit to leaders Matthew Guy and Peter Walsh.
"I am particularly pleased with the outcome in the so-called teal seats which in my view provides clear lessons for the party moving forward," he said.
"Clearly, the Victorian division of the party is facing some significant challenges and I wish my successor — whoever they might be — all the very best".
The party's election campaign was beset by issues, including the departure of its legal counsel in October, who cited concerns about the way its campaign was being run.
The VEC later referred an investigation into Mr Guy and his former chief of staff to the state's anti-corruption watchdog.
In the days since the opposition's bruising second consecutive election loss, its members have began to unpack where the party went wrong and how its future should look.
The Liberal Party has so far only picked up one seat at the election, with former tennis star Sam Groth winning Nepean by achieving a 7 per cent swing towards the Liberal Party.
Candidates failed to gain traction in the city's eastern suburbs, where the party has traditionally performed well.
Four candidates have signalled their desire to lead the party after Mr Guy steps down, including former shadow attorney-general John Pesutto.
However, votes are still being counted in Hawthorn, with Mr Pesutto in the lead against a teal independent by just a few hundred votes.
It's a similar story in Mornington, where Liberal candidate Chris Crewther is just a few hundred votes ahead of an independent.