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.

[4] For tens of thousands of years they successfully occupied the area as a semi-nomadic hunter gatherer society.

[4] During European colonisation in the 1830s, Mount Elephant was located within the territory of the clan Teerinyillum Gundidj.

[5] One known Aborigonal man from the Derrinallum clan (or Teerinyillum Gundidj) was known as "King Tom of the Mount Elephant tribe".

[13] An application to build a general store set the ball rolling with the townsite being surveyed in 1866.

Over summer, running from October to March, the town hosts a country farmer's market on the third Sunday of the month.

The incident left Derrinallum isolated for a number of weeks, including the busy Easter and Anzac Day weekends.