Forty past students from Newlyn Primary School were called to World War I alone, with many also serving in other wars throughout time.

Principal Anthony Tait said the current students had really grasped the significance of past times and what it meant for the future. 

"The children have been researching those people and have become really interested in it," he said.

"Some of their family members have also served in previous wars so it makes it even more important." 

Following the ANZAC service conducted by the students, school and community members walked to the former Newlyn Hall Site to plant two Lone Pine trees. 

The Lone Pine was a solitary tree on the Gallipoli Peninsula in Turkey, which marked the site of the Battle of Lone Pine in 1915. 

It was the sole survivor of a group of trees that had been cut down by Turkish soldiers who used the timber and branches to cover their trenches during battle.

Newlyn Primary School Council president Christine Henderson said it was humbling to see 40 residents attend the service and planting.

"This is a great thing for our kids and our district to be part of," she said.

Students also sang at the Anzac Eve event in Creswick, and appeared on ABC radio on Friday morning.