Golden Square's first XI cricket team is through to the grand final and the suburb's division one bowls team finally ended one of Bendigo sport's longest premiership droughts.

There must be something in the waters at Golden Square. In case you've forgotten - Golden Square has also won the past five Bendigo Football League senior premierships.

Golden Square's Bendigo Bowls Division premiership on Sunday is an exceptional sporting story.

It was the classic tale of the underdog overcoming adversity to triumph.

A month ago, Golden Square didn't even look like making the finals, but the desperate situation seems to have brought out the best in the team.

A thrilling last-round four-shot win over ladder-leader Eaglehawk propelled Square (pictured after Sunday's flag) from sixth to fourth on the ladder and into the finals.

What has followed since over the past three weeks has been the ultimate example of a side playing with confidence, momentum and performing at its peak at the right time of the season.

Square survived cut-throat finals against Bendigo and Bendigo East over the previous fortnight to earn a shot at Eaglehawk in the grand final.

And for the second year in a row, bowls fans were treated to a grand final thriller as momentum ebbed and flowed before Golden Square clung on to win by five shots, 94-89.

But this stunning premiership is more than just the story of a team winning what looked an unlikely flag a month ago.

What makes it all the more special is the fact it was Golden Square's first division one premiership since 1963 - that's a 51-year drought broken. 

Any premiership is special, but when it takes so long to win one, it makes it all the more sweeter.

The beer at the Golden Square Bowls Club on Sunday night hadn't tasted so good since 1963 - and they're probably still at 1963 prices, as well.

The question now is can Golden Square's cricketers complete what would be Bendigo's equivalent of the "Grand Slam" - the suburb holding the Bendigo Football League, Bendigo Bowls Division and Bendigo District Cricket Association premierships.

Golden Square will take on Bendigo United in next weekend's BDCA grand final at the QEO.

Square's cricketers reaped the rewards of their top-of-the-ladder finish when rain interrupted their semi-final clash with Eaglehawk.

Square successfully played for the draw after overcoming an awkward position of 6-122 on Saturday night.

A draw isn't the way Square would have wanted to get through to the grand final at the QEO.

But the weather was out of their hands and on the back of teenager Jake Higgins' 88 not out, they did what they had to do to ensure they get a crack next week at emulating the feats of the suburb's footy and bowls teams.