Two young children who went missing for almost 12 hours after a Mercedes-Benz was stolen from a home at Blackburn North on Monday have been found.

They are reportedly safe and well.

Two men and a woman have been arrested.

The children, aged 5 and 3, went missing shortly before 9am.

Their mother was found gagged and bound in the driveway of their home.

The family’s Mercedes-Benz was last seen driving east along Springfield Road.

The children were gone once police had arrived.

Several details about the incident remain unclear.

Anyone with other information is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential crime report at www.crimestoppersvic.com.au.