The premiership was won by the Oakleigh Football Club for the fifth time, after it defeated Sandringham by 60 points in the grand final on 1 October.
Prahran had been expelled in 1959 when the Prahran Council leased Toorak Park to the Victorian Rugby Union on alternate Saturdays, leaving the football club unable to meet the Association's minimum home ground requirements, but the club was re-admitted once it had secured a winter-long lease for the ground.
Instead, clubs were given free rein to move any Saturday game to Sunday, provided there was mutual agreement between the clubs involved, and it was approved by the grounds management committee and the local council;[7] additionally, the Association committed to donating 25% of Sunday gates to charity.
[11] Other Sunday matches drew huge crowds: on 15 May, Northcote drew a larger crowd to a rain-affected Sunday match than it had drawn to any dry weather Saturday match for more than five years;[12] and on 17 July, a Sunday game between ladder-leaders Oakleigh and winless Prahran, which would normally have roused little interest due to its one-sided nature, drew a gate of £310, compared with the combined gate of £391 for all seven of that weekend's Saturday games.
[11] Sunday football went on to provide the most significant and lasting popularity boost to the Association since the throw-pass era in the 1930s and 1940s.
As a result of finishing last in the 1958 Melbourne Carnival, the Association was relegated to Division 2 of the ANFC championships.