This unique picturesque property set on 326acres has 2 road frontages to Mount Mercer-Dereel Road & Tippetts Road and consists of 7 separate titles.
Conveniently located just off the Colac-Ballarat Road offering great access to both Geelong and Ballarat.
The property is gently undulating and is watered via five dams and two seasonal creeks that converge with a spledor of old Red Gum.
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 79.85% increase in median value. As at 31 October 2024:
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