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Opposition leader Matthew Guy concedes the Coalition has ‘a lot of work to do’ after losing six of past seven elections

This article has been updated.

ABC's election daddy Antony Green called the win for Labor.

Premier Daniel Andrews declares victory for Labor in his third-straight election win as leader, saying "hope always defeats hate".

The Victorian state election is today. There are 88 single-member lower house seats with members elected by preferential voting, and 40 upper house seats in eight five-member electorates. The election in the lower house seat of Narracan has been postponed owing to a candidate’s death.

The countdown to the close of polls is on as people across Victoria queue up at voting centres to have their say. Premier Daniel Andrews has urged voters to give Labor a third term, while Opposition Leader Matthew Guy is asking the state to "move on".

Sources say the Liberal strategy of focusing the campaign around the premier is working, with Labor unsure of how to respond

Victorians head to the polls today to cast their votes in the state election.It's been a hard fought, and at times nasty campaign in a state that has endured much over the past three years.

Premier spends last full day of the campaign in Northcote, where the Greens are making headway

Three guest panellists give their verdict on how the parties performed in the final week of the campaign