Six police officers and a police dog resumed the search this morning after they were winched into the area from a rescue helicopter.
The man's body was found about 50m from the wreckage about 11.30am.
Police said the body and the searchers would be airlifted from the area this afternoon.
The pilot's family has been advised but the man will not be named until his body has been recovered and formally identified.
Police were yesterday unsure if the man had survived the crash.
A helicopter crew member was winched down to the wreckage last night, but they were unable to find the pilot.
Mr Brill said the pilot could have been out of sight within in the wreckage, nearby, or could have walked away.
The Transport Accident Investigation Commission is investigating the cause of the crash.
A spokesman said the circumstances were not immediately apparent and two investigators had been assigned to the inquiry.