Hundreds of past pupils, principals and teachers filled the halls of Avoca Primary School as the final bell sounded at 3.20pm.
The Last Bell event on Saturday afternoon signaled the end of 160 years of public education and gave the community and alumni a chance to reminisce on their memories before bidding it a final farewell.
Principal Jennifer Walker moved to the school two years ago and said the event allowed everyone to see how the campus had changed and to reconnect with people from their schooling days.
"It's great today to have people come back and remember, and take some good memories away with them, that's what today's all about," she said.
"At the end of last year the numbers kept declining and the school association said look it's just getting to the stage where it's not viable and the children...aren't getting their social experiences.
"They're loving it (at Campbell Town), they're really enjoying it and it's been really good for the children but very quiet here."
During term four the 11 Avoca pupils have attended Campbell Town District High School full time in anticipation of the closure this year.
Nigel Stagg was a pupil at the school for six years until 1971 and said back then there were about 145 students.
He lives in the old principal's house by the school and said its closure was a shame but understood why the decision was made to close it.
"It went to grade 9 back in those days," he said.
"There were so many families here back then and everyone mixed and it was great."
There was an official photo tour, finger food, face painting, a jumping castle and balloon animals for the event.
Leigh Higgins was principal of the school from 1975 to 1980 and travelled from Bruny Island for the event.
He said he tried to frequent the area when he was nearby but the event allowed him to catch up with ex-pupils which was great.
"The town was pretty well thriving in those days, there was plenty of employment, the railways were operating," he said.
"The town had three football teams."
"I'm so impressed by the way the grounds have been maintained and I just dread for the future of the place, so many schools become vandalised once they are empty."