170 Dereel-Rokewood Junction Rd, Dereel is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 3.97ac. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom House sold in Dereel in the last 12 months.
Presented on a fabulous almost 4 acre property in the heart of Dereel, this impressive home now offers even greater versatility following a significant extension, making it ideal for families seeking a degree of separation while still enjoying the warmth and charm of country living. Dereel is conveniently located on the Ballarat–Colac Road, just 25 minutes from Ballarat, 40 minutes to Colac, and approximately 50 minutes to Geelong, providing the perfect balance of rural tranquillity and regional accessibility.
The home features 3 generous bedrooms along with upto 3 flexible living spaces, now enhanced by the new extension which includes an additional living area, full kitchen and bathroom. This space provides the perfect retreat for teenagers, guests, or multigenerational living, offering independence while remaining connected to the heart of the home. The main living areas are highlighted by timber-lined cathedral ceilings, gleaming timber floors, and a freestanding combustion heater, creating a warm and inviting atmosphere. Flowing from the lounge, the kitchen and dining area feature timber cabinetry, a sun-filled ambience through floor-to-ceiling windows, and functional spaces including a study for home office use. The family bathroom is designed for convenience, with double vanities, catering seamlessly to busy households.
The property itself is a true rural haven. Majestic gums dot the cleared acreage, which includes a dam, serviced by a submersible pump and bore - tested for drinking, irrigation, and topping up the house tanks. Established garden beds are fully irrigated, supported by multiple outside taps and an excellent rainwater catchment system.
Shedding and storage are exceptional, with a 6m x 6m powered workshop with concrete floor and adjoining open bay, a double garage, a single carport, and additional wood and garden sheds. The property is ideally suited for equine pursuits, featuring paddocks, yards (one hard floor, one grass), a paddock shelter, and electric fencing throughout, plus bush trails accessible directly from the gate. A fully fenced house yard ensures pets are safely contained.
Dereel's strong community adds to the appeal, with the Dereel Hall, Men's Shed, Community Centre, local nurse, walking group, and gardens all nearby. School bus pick-up is just moments away at the corner of Snowgum and Dereel Rokewood Junction Road, making this property perfect for families.
This remarkable property now combines a beautifully maintained family home with flexible extended living, generous acreage, excellent shedding, and a serene rural lifestyle, all within reach of Ballarat, Colac, and Geelong - an exceptional opportunity for those seeking country living without compromise.
JD1512
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 100.63% increase in median value. As at 31 January 2026:
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