Ideal weekender or one for first home buyers or downsizers, this peaceful 12.75 acre bush property features a contemporary one bedroom Zincalume clad home which was completed in 2015. The home features open plan living with stylish polished concrete floors throughout and a large master bedroom with BIR's. Offering abundant storage and workshop space there is a detached 9M x 6M shed (with two additional enclosed skillions) with power, concrete floor and slow combustion wood heater. A 40' shipping container has been converted to a two room workshop and is also connected to mains power. The property has phone and NBN connection, solar panels to reduce energy costs and four rainwater tanks with a combined capacity of 55,400 litres. The land is zoned Low Density Residential which may permit future subdivision subject to council approval. Dereel is an increasingly popular location and is within 30 minutes to central Ballarat, 1 hour to Geelong and around a 1.5-hour commute to Melbourne. It won't last at this price point so don't delay and call today to arrange your private viewing.
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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