Veteran actor Ian Smith had the waxwork model recently unveiled in Sydney.
Upon the statue being unveiled, Smith quipped to journalists: "I've told my wife Gail when I drop off the perch she can take this home."
Hearty shopkeeper Harold was a main fixture in Ramsay Street between 1987 and 2009, when Smith quit the part.
However, Smith reprised his role in a guest appearance last year.
Bishop has been erected beside Neighbours co-stars Guy Pearce (Mike Young) and Delta Goodrem (Nina Tucker), as well as a plethora of Australian stars including Dame Edna Everage and Rolf Harris.
Watch Ian Smith lead an orchestra to the iconic Neighbours theme tune below: