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Dereel, a small rural suburb in Victoria, offers a tranquil lifestyle amidst natural surroundings. With a population of just 664, it is a close-knit community where residents enjoy the peace and quiet of country living. The median age of 46 indicates a mature population, with many families and long-term residents who appreciate the slower pace and the sense of community that Dereel provides.

The suburb's housing landscape is predominantly owner-occupied, with a significant 43.3% of properties owned outright and 55.4% owned with a mortgage. This high rate of home ownership reflects the stability and commitment of its residents to the area. Renting is rare, with only 1.3% of properties being rented, highlighting the suburb's appeal to those seeking long-term settlement rather than transient living arrangements.

Family life is central to Dereel, with couple families with children making up 38.1% of the population and couple families without children accounting for 47.0%. The presence of one-parent families at 14.9% adds to the diversity of family structures within the community. The median total household income of $1256 per week suggests a modest but comfortable standard of living, typical of rural settings where the cost of living is generally lower than in urban areas.