If you are one of the many dreaming about owning a parcel of semi- rural serenity to retreat to.... this is the most serene of them all. Currently home to a healthy heard of Merino sheep, this (approx.) 100 acres complete with a large shearing shed & an ever flowing natural spring - fed dam is perfect for grazing & a treat to explore whatever the weather! The shearing shed is fully - lined, wired, set-up to be powered by a generator & includes a cosy wood fire - heated living space.... Did someone say weekend getaway? Drive (Approx.) 30 minutes from Ballarat, 40 from Bannockburn & 1 hour from Geelong to explore at your own free will, instantly fall in love & call us before you're too late.
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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