Parkvale School staff and students are eagerly speculating about what might be inside a 75th jubilee time capsule discovered on school grounds.

The time capsule was found under the soil in a garden near the principal's office.

Principal Mark Gifkins said the school had changed a lot since the time capsule was buried in the ground and it was not easy to locate.

"It's interesting how buildings were built around it, to maintain the integrity of the contents and of the time capsule.

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"The whole area outside is concrete except for the little garden outside the principal's office."

Laying down of the Parkvale School's 75th jubilee timecapsule. Photo /Supplied.
Laying down of the Parkvale School's 75th jubilee timecapsule. Photo /Supplied.

The school