A schoolboy devastated at the thought of disappointing his parents has been found nearly 12 hours after he ran away from his family home.

Andrew, 11, was found by himself at Melbourne Central train station by protective service officers about 7.30pm on Monday following a frantic hunt by police and his parents.

Missing schoolboy Andrew.

The boy left a five-page note on the kitchen table before taking his myki and a backpack and fleeing from his parents' home in Carramar Avenue, Camberwell, about 8.35 on Monday morning.

A police spokeswoman confirmed Camberwell station police had sent a car to collect Andrew from Melbourne Central and reunite him with his family.