3.10pm: The pilot and plane have been located between in the Southern Tablelands.
Inquiries are now being made into the events leading up to the plane coming down, after confusion reigned as to where the crash site could be.
It was initially thought to be near Wombeyan Caves, east of Goulburn. However, the wreckage and the pilot were located in a bushland clearing at Touga, just north of Nerriga.
Nerriga is a small village on the Braidwood-Nowra Road.
"About 11.35am, a call was received from the pilot after his 1970s model plane experienced mechanical difficulties," a statement from NSW police said
"The pilot believed he was near Wombeyan Caves but search teams were able to track the plane to the edge of Morton National Park.
"The male pilot, who was the sole occupant of the aircraft, was airlifted from the scene for precautionary medical checks. He is believed to have minor injuries."
12.40pm: The pilot of a plane missing near Goulburn has reported to authorities that he is safe and well.
Police are still trying to find the plane, which is believed to be south of Goulburn.
11.55am: A Riverina-registered light plane has crash landed near Goulburn.
It is believed the pilot of the plane telephoned his base to tell of the landing as police mounted a major search amid reports the single-engine Cessna was missing after reporting engine failure.
The search focused on the Wombeyan Caves area.
It is believed the plane was headed to Bankstown.
There was only one person on board.
Police are still searching for the crash site.