154 Dereel-Rokewood Junction Rd, Dereel is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 16530m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Privately located approx 25 minutes from Ballarat in the highly sought after location in Dereel is the comfortable and good sized family home. The home itself boasts a main living area with large wood fire plus split system for cooling, a user friendly kitchen area, 3 good sized bedrooms plus a second living area and second wood stove/ heater at the rear of the home giving extra space to the growing family. There is also an extra-large garage that is joined to the house giving direct access to the home plus other sheds throughout the property. Externally on the 1.68 hectares(4.15 acres) approx, utilise all the flat and cleared land with a scattering of trees and dam perfect for stock including horses. There is good water capacity in the supplied tanks, a great private yard great for the kids and pets and Dereel also has the benefit of having good access to both Ballarat and Geelong, there is a school bus stop at the corner just up the road, with currently almost no rural properties for sale in the area be first to snap up this ideal family home on land today.
The size of Dereel is approximately 59.9 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Dereel in 2016 was 533 people. By 2021 the population was 664 showing a population growth of 24.6% in the area during that time. The predominant age group in Dereel is 50-59 years. Households in Dereel are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dereel work in a trades occupation.In 2021, 96.90% of the homes in Dereel were owner-occupied compared with 91.10% in 2016.
Dereel has 522 properties. Over the last 5 years, Houses in Dereel have seen a 65.27% increase in median value. As at 30 November 2025:
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