Father and son rescued from overturned yacht near Bundaberg as search continues for missing man

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The body of a 65-year-old man was recovered from the sea after a father and son were rescued from a capsized yacht.

On Sunday, RACQ LifeFlight Rescue helicopter crew rescued a 62-year-old man and his 27-year-old son from a capsized yacht near Lady Elliot Island off the coast of Bundaberg.

It is believed that the keel of their boat broke, causing it to capsize during the journey.

Father and son managed to climb onto the capsized ship and at 5 a.m. triggered a distress radio signal that alerted the Australian Maritime Safety Authority.

A rescue helicopter was deployed before 8:30 a.m. and the rescue team managed to locate the men within two hours.

A video taken by the helicopter crew shows the capsized yacht stranded in the water while a large rescue boat waits nearby.

The helicopter crew performed two rope rescues, hoisting the men into the aircraft one at a time. Father and son were flown to Bundaberg Hospital for observation and remain in a stable condition.

The helicopter then returned to the area to assist police in searching for a third man who was on board the yacht when it capsized.

After hours of searching, the water police found the body of the 65-year-old shortly after 2 p.m.

It is believed that the three men were travelling from Yeppoon to Brisbane when their boat capsized.

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