CHEWTON man Henry Wright was found by a community member, police say. 

Kyneton Police Sergeant Nicole Goodison said it was a good result. 

"He was found by a lady who saw him walking in a paddock. She got him into her car and rang us," she said.

"We sent a unit down immediately and brought him back to our command post at Spring Hill."

Sergeant Goodison said Mr Wright, who has dementia, was confused and tired.

"He had no idea what had happened or how he had got where he was - he was completely lost," she said.

"We organised an ambulance. He was thirsty and hungry as he had spent two days lost in the bush."

Mr Wright was taken to Bendigo Health in a stable condition and treated for dehydration. 

UPDATE TUESDAY, 11.04am:

POLICE have confirmed they have found missing Castlemaine man Henry Wright alive and well. 

Mr Wright was located on Spring Hill-Kyneton Road, Spring Hill about 11am. 

A Victoria Police spokeswoman said the 64-year-old was being checked out by paramedics. 

UPDATE TUESDAY, 7.30am:

Police will resume their search for missing Castlemaine man Henry Wright, 64, this morning. 

Kyneton Police Sergeant Nicole Goodison said state emergency service units, a dog squad and local police members would conduct a grid search around Salisbury Road, Spring Hill - where Mr Wright's car, a 2003 model white Ford, was found about 6.20pm on Monday night. 

She said there was a possibility an Air Wing would also be used in the search today.  

"We hope he is alright," Sergeant Goodison said. 

"He has been outside for two nights now.

"We are hoping to find him safe and sound, that's the outcome we want."

Mr Wright was sighted by two people on Monday about two hours apart. One resident spotted a man in a car matching the description of Mr Wright and his car at a rural address on Salisbury Road, Spring Hill. 

At 7.30am on Monday another neighbour saw a man walking near the intersection of Salisbury Road and Kyneton Spring Hill Road looking disorientated. 

Sergeant Goodison said Mr Wright had a mild case of dementia. 

She said anyone who sees suspicious behaviour should contact police immediately - regardless of whether they are threatened or not. 

People with information should contact Triple Zero (000). 

UPDATE 9.25pm: 

Police say missing man Henry Wright was last seen this morning.

Kyneton police said there were two confirmed sightings of Mr Wright on Monday morning about an hour apart.

One resident spotted a man in a car matching the description of Mr Wright and his car at a rural address on Salisbury Road in Spring Hill, police said.

Police were told the man had parked his car in front of someone's driveway, and a resident or neighbour asked the man to move his car at 6.10am.

At 7.30am, another neighbour saw a man walking along Kyneton Spring Hill Road looking "dazed", police said.

Police units, SES and Police Search and Rescue's Air Wing are continuing the search for the missing man.

UPDATE 7.30pm: 

Police have found the car of missing Castlemaine man Henry Wright in Spring Hill.

Sergeant Rob Rankin of Kyneton police said the car was reported found at Salisbury Road, Spring Hill at 6.20pm tonight.

He said it appeared the vehicle had been at the location since the early hours of this morning.

Police are continuing searches for Mr Wright, he said.

UPDATE 4.45pm: 

Police are continuing their searches for a Castlemaine man who went missing yesterday after failing to return home from Bendigo's swap meet on the weekend.

Sergeant Rob Rankin of Kyneton police said police did not know if 64-year-old Henry Wright, who was reported missing after failing to come home last night, was on foot or travelling by car.

"The last confirmed sighting was in his car just before dark last night around 8.30pm," he said.

Sergeant Rankin said police had a couple of unconfirmed sightings of an older man in a white ute.

He said one unconfirmed sighting in particular, in the Spring Hill area, seemed promising.

He said police had narrowed down the make and type of car they were looking for.

"We're searching for a white 2003 Ford Falcon ute with a canopy on the back and black-coloured roof racks," he said.

He said while police were concentrating searches in an area near Spring Hill and Lauriston Reservoir, they were keeping an open mind about his whereabouts.

UPDATE 2.58pm: 

A man who was reported missing in the Macedon Ranges yesterday was on his way home to Castlemaine from Bendigo's swap meet over the weekend, police say.

Police Search and Rescue crew, including an Air Wing and a number of units from Castlemaine, Gisborne and Kyneton as well as highway patrol  are searching a large area stretching from Chewton to Gilford to Fryers Forest. 

Sergeant Nicky Goodison of Kyneton police said there were growing concerns for the safety of missing Castlemaine man, Henry Wright, with the search extended to include the Fryers Forest area.  

"We're searching for a 64-year-old missing person who was at the Bendigo Swap Meet yesterday," she said.

"He left there roughly yesterday in the evening, we're not exactly sure when.

Sergeant Goodison said police understood he had started travelling towards his home in Castlemaine because he had rung some friends about five minutes away from home saying he was nearly home.

She said police believed Mr Wright got out of the car and could be on foot.

"He should have been on a sealed road all the way home but he’s gone off into some unmade roads and for some reason he’s left his vehicle," she said. 

"The triangulation on his phone has led to a search area from the north of Kyneton down to new Gisborne but we've since extended that search area through to the Fryers Forest."

EARLIER: 

Police are currently co-ordinating a search for a man in the Mount Macedon Ranges area. 

The alarm was raised after 63-year-old Henry Wright failed to arrive at a meeting with a friend. 

Police made phone contact with Henry who told them he had become disorientated whilst walking in bushland and was lost. 

Police have now lost contact with Henry and have serious concerns for his welfare as he suffers from a medical condition and requires medication. 

Police Search and Rescue crew are co-ordinating the search involving the Air Wing and local police. 

The search will continue throughout the day. 

Henry is described as Caucasian, about 170 cm tall, with a thin build, balding with short grey hair. 

He was last seen wearing dark pants, a grey jumper and a khaki jacket. 

Police are particularly keen to locate his car to assist in the search. 

It is a 2003 model white Ford utility, with the Victorian registration plate SCX 883 

Anyone who sees Henry or the vehicle is urged to call Triple Zero (000) immediately.