The main supporting beam of the playground, designed in the shape of a ship, snapped last week.

It was decommissioned and roped off before being removed over the weekend.

City of Greater Bendigo community wellbeing director Pauline Gordon said a number of safety concerns were raised with the council. Ms Gordon said it was fortunate no one had been injured and the playground was too dangerous for children to use.

"The playground is too great a risk to leave cordoned off with thousands expected to flock to the aquatic centre for Australia Day," she said.

The council said they are looking to put an interim replacement to provide a playspace for children but that fixing the playground would be too expensive.

"Even with these repairs, this playground is reaching the end of its lifespan, and while we had hoped it would see out the season, investing thousands for a temporary fix is not a good use of ratepayer dollars," Ms Gordon said.

"In the longer term, we will work with the community to determine what type of replacement play equipment is required.

"Our pools are important community assets and we are determined to ensure they are properly maintained and that any problems are quickly fixed."

Faulty barbecues at the Aquatic Centre have been fixed, while showers that were vandalised last week will be repaired today.