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Sold on 05 Jul 2024 for $120,000

10/8 Swamp Road
Dereel VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2000m2
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Property Details for 10/8 Swamp Rd, Dereel

Building Type
Commercial
Land Size
2000m2
Local Government
Golden Plains

Last Listing description (September 2024)

This is a great opportunity to secure a picturesque parcel of land in the popular area of Dereel. This approximately 2000m (or half an acre) parcel is relatively flat, with scattered trees on the nature strip offering some privacy. Situated on a corner with two road frontages and gate access to Swamp Road, the land is in a Township zoning. The frontages are sealed, and there is quality farm fencing on two sides, with the balance to be fenced. A boundary survey will be completed prior to settlement at the vendor's expense.

Services running past the property include mains power, town water, and NBN, all available for connection. Located in the heart of Dereel, this land is close to the soldiers' memorial hall and a large wetland area known as the "Swamp" or "Lagoon," perfect for taking your dog for a walk. This affordable block is ideal for building your dream home (subject to council approval) with a northerly aspect that allows space for both a home and a shed. As the Ballarat growth corridor expands, you will be just 15 minutes away from supermarkets and 30 minutes from the Ballarat CBD, all while enjoying the tranquillity of country life.

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Property History for 10/8 Swamp Rd, Dereel, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$120,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $120,000
  • 14 May 2024
    Listed for Sale $130,000

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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 2011 was 586 people. By 2016 the population was 536 showing a population decline of 8.5% 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 professional occupation. In 2011, 90.2% of the homes in Dereel were owner-occupied compared with 91.1% in 2016..

Dereel has 517 properties. Over the last 5 years, Houses in Dereel have seen a 128.28% increase in median value. As at 31 August 2024:

  • The median value for Houses in Dereel is $804,762 while the median value for Units is $301,848.
There are currently 9 properties listed for sale, and no properties listed for rent in Dereel on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Dereel.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.