Police have used the Westpac Rescue Helicopter to find a bulldozer stolen from a property at Bridport in early April.
The helicopter spotted the $230,000 machine hidden within a gum plantation about one kilometre from its original location, police said.
A forensic examination of 850K bulldozer was conducted before the machine was returned to its owner.
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The bulldozer was in working condition.
Police said investigations into the theft were ongoing.
Anyone with information is asked to call Crime Stoppers on 1800 333 000 or email crimestopperstas.com.au.