UPDATE, 1.30pm: Police are reporting a 26-year-old woman has been flown to a Melbourne hospital after suffering serious but not life-threatening injuries in an accident near Wangoom this morning.
A Victoria Police media liaison spokesman said the driver, who was the sole occupant of the vehicle, failed to take a bend and her car was involved in a collision.
"She has failed to take a bend on the Wangoom-Warrnambool Road about 10.30am and hit a tree," he said.
"She has been airlifted to a Melbourne hospital with serious but non-life-threatening injuries.
"The driver was the sole occupant of the car," he said.
At 12.45pm: A woman has beenairlifted by helicopter to Melbourne after a crash in Wangoom.
Paramedics were called about 10.40am.
They treated a woman who has been taken by air ambulance to the Alfred Hospital in a serious condition.
At 12.25pm: An Ambulance Victoria spokeswoman said emergency services were called to the Wangoom accident scene mid-morning on Friday.
"We were called to the crash about 10.40am and two people are being treated on the scene," she said.
"An air ambulance helicopter has been dispatched."
No details on the condition of the two people involved in the crash are available as yet.
Earlier: Emergency services are on the scene of a single-vehicle accident near Wangoom.
The collision involving a vehicle into a tree, happened about 11am on the Wangoom Road, south of the town.
It is believed the HEMS-4 rescue chopper has landed near the accident scene.
Police are in the process of organising traffic control measures at either end of the scene and diversions have been put in place.
MORE TO COME.