740 Paynes Bridge Road, Dereel, VIC 3352 | Property Value & History | OnTheHouse
 
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740 Paynes Bridge Road
Dereel VIC 3352

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Feb 2026
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Property Details for 740 Paynes Bridge Rd, Dereel

740 Paynes Bridge Rd, Dereel is a 1 bedroom, 1 bathroom House. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Local Government
Golden Plains
Lot/Plan
41~13/PP3752

Last Listing description (April 2022)

STUNNING LAND WITH ENDLESS OPPORTUNITES!

This delightful and highly sought-after slice of land remotely yet conveniently located on a 20 acre (approx.) allotment is the perfect start to building your dream home (STCA). Featuring power on-site, mostly fenced with a good mixture of cleared and bush land throughout.

The land slopes from front to back allowing stunning views of the local area, enjoys an abundance of wildlife and birdlife that visit the area and gets the benefit of a large dam near the base of the land. Zoned for farming or utilise as a fantastic weekender.

Dereel is 30 minutes' drive to Ballarat, 40 minutes to Geelong, school bus stop nearby and is becoming one of the most popular locations in the region.

Don't miss this opportunity!

(Photo ID is Required at all Open For Inspections)

At YPA Melton "Our Service Will Move You"

DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/ agent and agency.

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Property History for 740 Paynes Bridge Rd, Dereel, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$275,000
27 Sep 2021
  • 04 Apr 2022
    Sold for $305,000
  • 18 Mar 2022
    Listed for Sale UNDER CONTRACT TEAM YPA
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About Dereel 3352

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:

  • The median value for Houses in Dereel is $744,271 while the median value for Units is $394,833.
There are currently 5 properties listed for sale, and no properties listed for rent in Dereel on OnTheHouse. According to Cotality's data, 29 properties were sold in the past 12 months in Dereel.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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