If you are contemplating a move to the country and don't want to spend a bundle of money, then you should put this on top of the list. This gem has been updated by loving owners who are reluctantly moving for family reasons. READ ON!
Just 30 minutes from Ballarat, and around 60 minutes from Geelong is a superb 3 bedroom solid cement brick home.
The recently updated kitchen/dining/family has new cupboards and benches, a large new stove and range hood with solid fuel heating, split system air con. and ceiling fan.
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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