48 Progress RoadDereel VIC 3352
Property Details for 48 Progress Rd, Dereel
Last Listing description (April 2022)
An opportunity presents itself to escape the rat race and take in the picturesque surrounds of this beautiful bush allotment.
Set on approx. 5 acres, this block would be the ideal place to build your dream home (STCA) with an opportunity for an off grid, self-sufficient lifestyle or weekend escape.
Approx. 30 mins from Ballarat, the natural bush allotment presents an affordable option to get into the market with titled land in high demand.
Dereel is in a commutable location to both Ballarat and Geelong and has primary schools available within 15-20 mins.
With other quality homes nearby this property represents an opportunity to crack into the market and live the quiet country life.
Whether it be for recreation or your new home you are sure to be impressed.
To book a viewing contact Matt Edwards on 0401 728 881 or Amanda Sfetcopoulos 0431 387 323
Property History for 48 Progress Rd, Dereel, VIC 3352
- 05 Apr 2022Sold for $190,000
- 16 Mar 2022Listed for Sale $170,000
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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.
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