ATTRACTIVE DEREEL – CORINDHAP AREA25 mins to Ballarat, 40 mins to Colac, 50 mins to GeelongMagnificent district views – delightful quiet location187 Acres – “CHEERYNOOK” – 75.69 Hectares• Wonderful elevated country of great aesthetic appeal with superb views across the region to Mount Elephant and beyond – terrific home site (S.T.C.A)• Approx. 150 Acres of pastured land with the balance natural bushland, incorporating spring-fed “Frenchmans Reef”.• Featuring a “Chinese horizontal” gold mine from the gold rush days of the 1800’s. “Cheerynook” is reputed to be the original “home of the Rokewood Apple”• Comprising 3 securely fenced paddocks, central laneway, 4 dams, tank water to troughs cattleyards and machinery shed.• 3 titles (12 crown allotments) – to be sold as a whole: Wonderful opportunity.
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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