The couple have been found.

Their daughter Sylvie Schwarz issued a statement:

“On behalf of my family and I, we would like to thank everyone involved in locating my parents and delivering them to us safe and sound. We are very relieved and extremely grateful to all those involved. We would especially like to thank the police, including police at Moorabbin, Caulfield as well as regional police members in the Mallee.   We would also like to thank the media and public who assisted and provided the vital information that led to finding my parents. We have been reminded what a close and caring community Victoria is in looking out for each other. Thank you.”

EARLIER: Police have received information regarding the disappearance of Bentleigh couple Otto and Gerda.

The pair were last seen leaving a car park on Kings Way in their gold Lexus sedan, registration PYM-184, about 6.30pm on Tuesday night.

Police have since received information that their gold Lexus was seen bogged near a lake north of Rainbow about 5pm last night.

It’s believed they were assisted by a truck driver and were seen driving north on Henty Highway towards Hopetoun.

Police are also investigating another sighting on Sealake-Birchip Road in Birchip about 9.10pm last night.

A passer-by drove past a gold sedan which was parked on the side of the road with two occupants inside.

When police attended the vehicle was gone.

Police and family are concerned for the couple as their disappearance is out of character and they are normally in regular contact with family.

The pair failed to attend a prearranged medical appointment yesterday morning, and both require ongoing medical treatment.

Otto is described as 180cm tall with balding white hair, blue eyes and has a medium build.

Gerda is described as approximately 170cm tall with short curly white hair and blue eyes.

Anyone who sights the couple, or their vehicle is urged to contact Caulfield Police Station on 9524 9500.