Two people have had a miraculous escape after their car was driven into a dam near Creswick.
A police officer and a passer-by are believed to have rescued two elderly people from the car, which was sinking in O'Keefe's Dam on the Midland Highway.
The car crashed about 11am and after a brief time floating on the water, sunk to become barely visible under the water's surface.
"If we were here a minute later they would have died," a police spokesperson said at the scene.
The car floated briefly on the water and drifted about 15 metres into the dam, only starting to sink about the same time as emergency crews arrived.
A pair of holiday-makers from New Zealand told The Courier they were sitting in an adjoining rest area when the yellow hatchback came flying through.
"It came in at a ridiculous speed," one of the holiday-makers said.
"It missed our caravan by a matter of centimetres."
The two occupants of the car have been taken to hospital in a stable condition.
The dam is located next to the Midland Highway, directly opposite Creswick's Forest Resort.
It is not yet known exactly what caused the car to end up in the dam.
The car was removed just before noon.
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