This country lifestyle property in Dereel, Victoria, is perfectly located just 30 minutes from Ballarat and 60 minutes from Geelong. Built in 1994, the low-maintenance brick veneer home features a colorbond roof and sits on a concrete foundation. Inside, you'll find three spacious bedrooms, with the master offering a walk-in robe and the other two bedrooms equipped with built-in robes.
The country kitchen is well-equipped with a freestanding electric cooker, dual stainless steel sink, double fridge cavity, and a pantry. The living spaces include an L-shaped meals area that adjoins a north-facing lounge room, which is warmed by a cozy wood heater and supported by a reverse cycle split system for heating and cooling.
The property sits on 5.41 acres of cleared grazing land, fully fenced into one paddock, making it ideal for keeping horses, sheep, or providing plenty of space for children to roam. The well-established gardens require minimal maintenance, allowing you to enjoy the outdoors with ease.
Services to the property include town water, two rainwater tanks with a capacity of approximately 13,000 gallons (57,200 litres), mains power, a bitumen road at the front, an electric hot water system, NBN internet availability, and a septic tank. A double garage with mains power, a concrete floor, and two sliding doors measures approximately 7.5 meters wide and 9 meters deep, providing ample space for vehicles and storage.
This property offers a fantastic opportunity for those looking to embrace a rural lifestyle, whether you have an interest in keeping animals or simply desire the space and tranquillity of the countryside.
Ballarat's Best-Selling Team
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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