Ms Chesters achieved a two candidate preferred count of 51.40 per cent, with all votes returned.
On Saturday, May 10, all of the 66 polling places had returned their two candidate preferred counts.
A statement from Ms Chesters’ team was released at 2pm on Saturday.
“I am honoured and humbled to have been elected to represent our community in Bendigo and central Victoria for the fifth time,” Ms Chesters said.
“I love our community, and just as I have done over the past 12 years, I will continue to work hard every day to deliver the things people and businesses in our region need and deserve.
“Our grassroots local campaign was focused on the things that are most important to our community — not on negative personal politics, funded by millions of dollars.”
Ms Chesters has held the seat of Bendigo since the 2013 federal election.
Mr Lethlean conceded defeat on Friday, May 9, releasing a statement reflecting on his campaign.
“While I am disappointed with this likely outcome, I am also proud to have been a part of a team that has delivered the biggest swing against Labor in the country,” he said.
“I put myself forward as a candidate for the seat of Bendigo because I wanted to make a difference, given the Labor Party has taken our region for granted for so long.’’
In Rochester, Mr Lethlean garnered 71.31 per cent of the two candidate preferred count.
Similarly, in Elmore he attracted 68.04 per cent of the count and in Goornong he received 62.77 per cent.