The week-long search for a mother and daughter missing from Benalla in Victoria's north east has come to a tragic end.

Police searching bushland near Samaria, south of Benalla, found their bodies just after 4.30pm on Saturday.

Isabel Stephens, 89, and her daughter Judy Stephens, 53, had not been seen since last weekend.

The two were last seen alive about 1pm on Sunday, as they left Tatong Tavern, about 27 kilometres from Benalla.