Located in a lovely sheltered area just 30 minutes from Ballarat and 40-45 minutes from Geelong, is a particularly attractive and versatile property that will give many happy years. The large 3 bedroom ranch style home with front and rear verandahs has a mix of exposed beams and timber walls. The open plan kitchen/dining is bright and spacious with electric wall oven and LPG gas hot plates, double sink, range hood, pantry and split system. There is a formal lounge with solid fuel heater and the rumpus room is a massive 7.2m x 6.7m. This would be perfect for the billiard table and table tennis table with room to spare.. There is also a solar hot water service.
Adjoining the residence is a 4 car carport. Outdoors is an easily manageable garden, a sheltered vegie patch, gazebo and fernery. There is ample storage room in the float/machinery shed and single garage as well as wood shed and horse shelter. An extra feature is the dressage arena and the safe, quiet riding trails. The school bus to the Primary and Secondary schools is at the corner boundary. If you have been looking for this type of country property then you should put this near the top of your list.
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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