diff --git a/source/blender/editors/space_console/console_ops.cc b/source/blender/editors/space_console/console_ops.cc
index ab4dd0c9b84..6c53fa22f40 100644
--- a/source/blender/editors/space_console/console_ops.cc
+++ b/source/blender/editors/space_console/console_ops.cc
@@ -183,21 +183,6 @@ static void console_scrollback_limit(SpaceConsole *sc)
   }
 }
 
-static ConsoleLine *console_history_find(SpaceConsole *sc, const char *str, ConsoleLine *cl_ignore)
-{
-  LISTBASE_FOREACH_BACKWARD (ConsoleLine *, cl, &sc->history) {
-    if (cl == cl_ignore) {
-      continue;
-    }
-
-    if (STREQ(str, cl->line)) {
-      return cl;
-    }
-  }
-
-  return nullptr;
-}
-
 /* return 0 if no change made, clamps the range */
 static bool console_line_cursor_set(ConsoleLine *cl, int cursor)
 {
@@ -934,37 +919,54 @@ static int console_history_cycle_exec(bContext *C, wmOperator *op)
   const bool reverse = RNA_boolean_get(op->ptr, "reverse"); /* assumes down, reverse is up */
   int prev_len = ci->len;
 
-  /* keep a copy of the line above so when history is cycled
-   * this is the only function that needs to know about the double-up */
-  if (ci->prev) {
-    ConsoleLine *ci_prev = (ConsoleLine *)ci->prev;
-
-    if (STREQ(ci->line, ci_prev->line)) {
-      console_history_free(sc, ci_prev);
+  int old_index = sc->history_index;
+  int new_index;
+  if (reverse) {
+    if (old_index <= 0) {
+      new_index = 1;
+    }
+    else {
+      new_index = old_index + 1;
     }
-  }
-
-  if (reverse) { /* last item in history */
-    ci = static_cast<ConsoleLine *>(sc->history.last);
-    BLI_remlink(&sc->history, ci);
-    BLI_addhead(&sc->history, ci);
   }
   else {
-    ci = static_cast<ConsoleLine *>(sc->history.first);
-    BLI_remlink(&sc->history, ci);
-    BLI_addtail(&sc->history, ci);
-  }
-
-  { /* add a duplicate of the new arg and remove all other instances */
-    ConsoleLine *cl;
-    while ((cl = console_history_find(sc, ci->line, ci))) {
-      console_history_free(sc, cl);
+    if (old_index <= 0) { /* Down-arrow after exec. */
+      new_index = -old_index;
+    }
+    else {
+      new_index = old_index - 1;
     }
-
-    console_history_add(sc, (ConsoleLine *)sc->history.last);
   }
 
-  ci = static_cast<ConsoleLine *>(sc->history.last);
+  /* Find the history item. */
+  ConsoleLine *ci_prev = ci;
+  if (old_index > 0) {
+    /* Skip a previous copy of history item. */
+    if (ci_prev->prev) {
+      ci_prev = ci_prev->prev;
+    }
+    else { /* Just in case the duplicate item got deleted. */
+      old_index = 0;
+    }
+  }
+  for (int i = 0; i < new_index; i++) {
+    if (!ci_prev->prev) {
+      new_index = i;
+      break;
+    }
+    ci_prev = ci_prev->prev;
+  }
+
+  sc->history_index = new_index;
+
+  if (old_index > 0) { /* Remove old copy. */
+    console_history_free(sc, ci);
+    ci = ci_prev;
+  }
+  if (new_index > 0) { /* Copy history item to the end. */
+    ci = console_history_add(sc, ci_prev);
+  }
+
   console_select_offset(sc, ci->len - prev_len);
 
   /* could be wrapped so update scroll rect */
@@ -1005,13 +1007,23 @@ static int console_history_append_exec(bContext *C, wmOperator *op)
   const bool rem_dupes = RNA_boolean_get(op->ptr, "remove_duplicates");
   int prev_len = ci->len;
 
-  if (rem_dupes) {
-    ConsoleLine *cl;
-
-    while ((cl = console_history_find(sc, ci->line, ci))) {
+  if (sc->history_index > 0) {
+    /* Keep the copy of history item, remove the saved "history 0". */
+    ConsoleLine *cl = ci->prev;
+    if (cl) {
       console_history_free(sc, cl);
     }
+    /* Negative number makes down-arrow go to same item as before. */
+    sc->history_index = -sc->history_index;
+  }
 
+  if (rem_dupes) {
+    /* Remove a repeated command. */
+    ConsoleLine *cl = ci->prev;
+    if (cl && STREQ(cl->line, ci->line)) {
+      console_history_free(sc, cl);
+    }
+    /* Remove blank command. */
     if (STREQ(str, ci->line)) {
       MEM_freeN(str);
       return OPERATOR_FINISHED;
diff --git a/source/blender/makesdna/DNA_space_types.h b/source/blender/makesdna/DNA_space_types.h
index 2f9b3b1d01e..8c93194c352 100644
--- a/source/blender/makesdna/DNA_space_types.h
+++ b/source/blender/makesdna/DNA_space_types.h
@@ -1697,9 +1697,7 @@ typedef struct SpaceConsole {
   char _pad0[6];
   /* End 'SpaceLink' header. */
 
-  /* space vars */
-  int lheight;
-  char _pad[4];
+  /* Space variables. */
 
   /** ConsoleLine; output. */
   ListBase scrollback;
@@ -1709,6 +1707,11 @@ typedef struct SpaceConsole {
   /** Multiple consoles are possible, not just python. */
   char language[32];
 
+  int lheight;
+
+  /** Index into history of most recent up/down arrow keys. */
+  int history_index;
+
   /** Selection offset in bytes. */
   int sel_start;
   int sel_end;