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With nearly 70 percent of the votes tallied, ALP candidate and charity CEO Sarah Witty has 52.7 percent on a two-party basis, marking an 8.28 percent swing to Labor.
The Greens are yet to concede defeat in the seat.
The former lawyer was the first to turn an electorate Green in the lower house when he won the inner-northern Melbourne seat from Labor in 2010.
He was successfully re-elected at the next four elections, winning the 2022 vote count with a 6.5 per cent margin.
Recent boundary adjustments shifted left-leaning voters north to Wills, while gaining predominantly Labor voters in South Yarra and Prahran to the south.
The Greens are yet to reclaim a single one of the four lower house seats they won during the 2022 election’s “greenslide”.
Griffith MP Max Chandler-Mather yielded his Brisbane seat to Labor’s Renee Coffey, and fellow Greens MP Stephen Bates lost the adjacent seat of Brisbane.
The party’s presence in the House of Representatives now rests on the shoulders of Ryan MP Elizabeth Watson-Brown, who leads the vote count in Brisbane’s leafy western suburbs.
The party has a much more promising future in the Senate, with all upper-house members facing the vote re-elected, making for 11 representatives in total.