740 Paynes Bridge RoadDereel VIC 3352
Property Details for 740 Paynes Bridge Rd, Dereel
Last Listing description (April 2022)
This delightful and highly sought-after slice of land remotely yet conveniently located on a 20 acre (approx.) allotment is the perfect start to building your dream home (STCA). Featuring power on-site, mostly fenced with a good mixture of cleared and bush land throughout.
The land slopes from front to back allowing stunning views of the local area, enjoys an abundance of wildlife and birdlife that visit the area and gets the benefit of a large dam near the base of the land. Zoned for farming or utilise as a fantastic weekender.
Dereel is 30 minutes' drive to Ballarat, 40 minutes to Geelong, school bus stop nearby and is becoming one of the most popular locations in the region.
Don't miss this opportunity!
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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/ agent and agency.
Property History for 740 Paynes Bridge Rd, Dereel, VIC 3352
- 18 Mar 2022Listed for Sale UNDER CONTRACT TEAM YPA
- 27 Sep 2021Sold for $275,000
- 03 Sep 2021Sold for $280,000
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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 79.85% increase in median value. As at 31 October 2024:
- The median value for Houses in Dereel is $773,174 while the median value for Units is $301,848.
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