A rare find in this location of mostly 5 acre lots- Almost 20 acres of timbered bush retreat included in a Rural Living zoning ideally located for easy access to Ballarat or Geelong. Power nearby, some fencing, some less timbered areas throughout which may make an ideal home site. Treat yourself to a wonderful hideaway for weekend getaways with the family (caravan on site) if permanent country living isn't on the agenda - great value 20 acres!! DIRECTIONS: From Colac road travel app 2.4km along Ferrers Road, turn right into Moffats Road for app 300m, right into Paynes Bridge Road for app 400m to CA46. Frontage is the next 260m app.
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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