Located around 30 minutes from Ballarat in the private and scenic location of Dereel is this well presented family home. Internal features include 3 bedrooms, open plan living/meals area that boasts both wood fire and gas heater and ceiling fan, spacious clean and tidy kitchen plus separate bath and shower. Externally on this great cleared over 5 acres (2.15 hectares) of land utilise the multiple paddocks, there is also a carport and good sized shed with power and concrete floor, the block is well fenced and has good water capacity. Sit back and relax on the front deck, enjoy some gardening and take note of the birdlife in the matured trees surrounding the property. There is easy access to Geelong or Ballarat, school bus nearby and properties in this area are hard to find, be first to inspect.
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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