You can apply for this visa if you already hold a State/Territory Sponsored Investor (provisional) visa (subclass 165).
To find out if you are eligible, read the Department of Immigration and Border Protection’s (DIBP) visa criteria for the State/Territory Sponsored Investor visa (subclass 893)
To be eligible for visa sponsorship by the state of Victoria, you will need to:
You should also read the state sponsorship conditions and assessment criteria on this page.
Once you are confident you can meet the relevant requirements, you can apply for Victorian visa sponsorship.