Private Spacious 4 Bedroom Family Home & Cottage
The township of Dereel is an approx. 30 minute drive from Ballarat and 60 minutes from Geelong via the Colac Road. The home was built by a well-regarded Ballarat builder for the current owner approx. 12 years ago. Sitting over 2 levels, the double storey home downstairs features a laminated kitchen with gas cooktop and electric oven, dishwasher and dual fridge cavity space. The open plan living area includes the meals area, family room and pool table plus wood heater and split system. The fourth bedroom is downstairs and features a built-in robe and has access to the timber balcony. The downstairs rumpus room would also cater as a 5th bedroom and adjoins the toilet and bathroom.
Upstairs are the further 3 bedrooms which consist of the master bedroom with walk-in robe and a balcony which takes in spectacular views of the district. The 2nd and 3rd bedrooms both feature dormer windows and have access to the 2nd bathroom and toilet. Separate from the main home is the ?cottage? which is approx. 6 squares in size and features 2 bedrooms, gas hot water service and includes a 6 x 9 metre shed. The water supply is approx. 50,000 litres combining two tanks, mains power and septic are connected to both dwellings. The land area is approx. 5 acres or 2 hectares which is mostly all cleared.
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:
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