The 1987 Victorian Football Association season was the 106th season of the top division of the Australian rules football competition, and the 27th season of second division competition. The Division 1 premiership was won by the Springvale Football Club, after it defeated Port Melbourne in the Grand Final on 20 September by 38 points; it was Springvale's first Division 1 premiership, won in just its fourth season in the first division. The Division 2 premiership was won by Prahran; it was the club's second Division 2 premiership, and the last premiership ever won by the club in either division.