The 1972 Victorian Football Association season was the 91st season of the top division of the Australian rules football competition, and the twelfth season of second division competition. The Division 1 premiership was won by the Oakleigh Football Club, after it defeated Dandenong in the Grand Final on 24 September by 44 points; it was Oakleigh's sixth and final Division 1 premiership. The Division 2 premiership was won by Geelong West, which went undefeated through the season with an overall record of 20–0, becoming the first team since North Melbourne in 1918 to complete a perfect season; overall, it was the club's third Division 2 premiership.