The pilot, Graham Hoskings, 69, who was alone in the plane, was forced to land alongside the Peninsula Link at Frankston South about 11:00am.
Mr Hoskings said he had been recently talking about forced landings with another pilot and he knew just what to do when the plane spluttered and the engine cut out.
He found a cricket field to make an emergency landing in and thought he was fine.
Then he realised the plane was going too fast and it was headed straight at a large wooden fence.
"That slowed me down enough that when it then came and hit here [near the freeway] the air speed was very much reduced."
Mr Hosking, who suffered only a knock to the head, said the incident had "the potential to end very badly" but his training kicked in and he knew what to do.
After being in a bad crash 20 years ago, Mr Hosking said he was convinced he did the right thing after putting the plane down safely.
He had only been in the air for 10 minutes when the engine died and did not know why it broke down. The plane, worth around $250,000, was a write-off.
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