Australian Open to allow 7,500 centre court fans
As a result of the conclusion of the lockdown, the five-kilometre limit for leaving home will be abolished.
But masks will still be mandatory indoors, and will be required outdoors where people can not maintain 1.5m physical distancing.
A maximum of five visitors will be allowed in a home, as opposed to the 15 that were allowed prior to lockdown.
Funerals and weddings will have no limits on numbers, but need to meet venue density limits indoors and outdoors.
Victoria's five-day lockdown will end on time, with authorities confident the "circuit-breaker" has helped contain the Holiday Inn outbreak.
"This is not over", Andrews said, warning that there were still nine days of the 14-day infection period left.
"It's a mental fight that they (players) would have been fighting quarantining themselves into a hotel room and small spaces and if somebody (fans) has got their back to cheer them up, it's going to be good for them also", he said.
"The last thing we want is for someone to be visiting a sick relative, and in fact making other people sick or in any way contributing to the spread of this virus", Mr Andrews said.
Entertainment and public events will also resume with caps in place for different settings.
Neighbouring New Zealand has put its largest city of Auckland under a snap lockdown through Wednesday after detecting three new cases over the weekend, leading Australia to suspend quarantine-free travel for arriving New Zealanders.
"It always is (a threat for the event to be moved overseas)", he said on SEN's Dwayne's World.
"We look at the COVIDSafe planning, the way in which risk can be dealt with".
"The only reason we get the players here is because we offer a lot of prizemoney and we spend a lot of time pursuing them to come. Our plan is to lock these in now", he said.
"But if it goes beyond that, we'll be up for that".
"I'm just not in the business of ignoring advice, or shopping around for advice that suits me".
Officials recorded no new cases of the novel coronavirus in Victoria state on Thursday, as Melbourne residents were released from social-distancing restrictions.
Australia's second-most populous state has been reporting low single-digit cases during much of the lockdown, which began on Friday, suggesting an outbreak linked to a quarantine hotel in Melbourne has been brought under control.