A Victoria woman says she is devastated after a thief wrote off her Suzuki Swift in a police chase just weeks after she paid the car off.

Lauryn Myers, from Pakenham, was getting ready upstairs when a woman broke through her garden gate and back door at 7.30am.

Stealing Ms Myers' keys, the 26-year-old hijacked her black Suzuki and sped off. Ms Myers ran downstairs to watch her car fade into the distance, before calling police.

Tyres blown, the woman was cornered by multiple police cars. (Victoria Police)

The female driver has been arrested and is now being questioned by police. (Victoria Police)

Around an hour later, officers spotted the car driving towards the city on the Monash Freeway and gave chase.

Video taken from the police helicopter captured highway patrol following the female driver, who refused to stop for 40 minutes.

The Suzuki can be seen veering dangerously close to the barriers as it was trailed by covert and badged police cars and motorbikes.

The pursuit lasted 40 minutes. (Victoria Police)

Tyres blown, the woman turned off at Heatherton Road before making a desperate attempt to perform a U-turn over a median strip, slowing down just long enough to allow police to box her in.

The 26-year-old woman kept her head bowed as she was handcuffed and loaded into the back of a divisional van.

She’s been taken to the Pakenham police station to be questioned and charged.

The stolen Suzuki Swift has been written off after the pursuit. (9NEWS)

The 26-year-old woman has been arrested and faces a series of charges. (9NEWS)

The woman is expected to be charged with aggravated burglary, theft of motor vehicle and conduct endangering life.

Ms Myers – who has insurance – says she’s just happy no one was injured during the home invasion.