Derrinallum is a town in Victoria, Australia, located on the Hamilton Highway, in the Corangamite Shire. The town is the centre for the surrounding farming community and lies at the foot of Mount Elephant. Mount Elephant is a 380 m-high conical breached scoria cone formed by an dormant volcano.
At the 2001 census, Derrinallum had a population of 266.[2] At the 2016 census, Derrinallum had a population of 557.