Two guns have been found at the site of Friday night's "targeted" shooting in a Melbourne park, police say.

Key points: Police said the shooting death was a targeted attack

Police said the shooting death was a targeted attack Police would not confirm reports that children found the weapons after authorities earlier conducted a line search

Police would not confirm reports that children found the weapons after authorities earlier conducted a line search The shooting is the latest in a spate of fatal shootings in Melbourne including one at a Prahran nightclub

A 41-year old man from Carnegie was found dead in Fawkner Park, in South Yarra, in Melbourne's inner south, following the shooting around 7:40pm.

SES volunteers carried out line searches on Saturday looking for evidence.

Police initially said no firearms had been discovered but now say two weapons were recovered.

However, in a statement today they would not comment on reports the guns were found by children in the park.

SES volunteers conducted a line search in the park but the guns were found later. ( ABC News: James Hancock )

"We do not provide a running commentary on active investigations for a number of reasons including that it may be unsafe to do so," police said in a statement.

'Epidemic' of gun violence

Another line search was conducted at the scene today.

It was the latest in a spate of fatal shootings in Melbourne, with police recently raising concerns about the number of firearms in the community.

Two men died nearby earlier this month after a Prahran nightclub was sprayed with bullets in a drive-by shooting.

Opposition leader Michael O'Brien said the Government needed to act to combat the "epidemic" of gun violence.

"We've seen eight murders through guns in the last eight weeks," he said.

"This is out of control and the Government needs to act now to make sure the police have the powers and resources they need to clean up this gun violence epidemic on Melbourne's streets."

Police said the targeted shooting in a public park was concerning. ( ABC News: James Hancock )

Senior Sergeant Andrew Brady of Victoria Police said on Saturday that the shooting was a targeted attack.

"It's not a random shooting, there's no evidence to suggest that it was a random shooting," he said.

"It's … concerning that there was gun crime in such a public place, Fawkner Park on a Friday night."

The man was discovered by two members of the public who were in the park. They called triple-0 but the man could not be revived.

Police initially thought the man had been stabbed but later confirmed he had been shot.

Local resident Freedy Coory heard four or five loud pops in the park while walking her dog. ( ABC News )

Local resident Freedy Coory was walking her dog near the park when she heard sounds she now believed could have been gunfire.

"They were just four pops basically. They sounded like loud popping sounds," she said.