Deepwater at a glance
Median house
$230,000
Median unit
$137,520
Population
456
Median age 56
Walk score
18
Very car dependent
Prices: Median of 23 house sales · NSW Valuer General · calendar 2025 · Population: 2021 Census
Houses change hands at $230,000 on a typical sale, well below the NSW median (23 house sales, NSW Valuer General, calendar 2025). Units come in around $137,520, roughly 40% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $46,000. Prices are well below the NSW median, which keeps Deepwater on the radar for first-home buyers and right-sizers.
Market
House prices in Deepwater.
Median house price
$230,000
Median unit price $137,520.
Median of 23 house sales · NSW Valuer General · calendar 2025
Rental and ownership
Weekly rent (house)
–
Weekly rent (unit)
–
Owner occupied
78%
Renter occupied
16%
At a deeper level
$230,000
$137,520
456
Median age: 56
Rental data as of October 2026
Free property appraisal in Deepwater
What’s your home worth in Deepwater?
A local agent who actually sells in Deepwater will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
The brief
What to know about Deepwater.
Deepwater's median house price is $230,000 (median of 23 house sales recorded by the NSW Valuer General in calendar 2025).
Postcode 2371 (NSW), Inverell Shire Council.
Deepwater (2371) sits in the Inverell region of NSW. The median house here is $230,000, well below the NSW median of around $1.10M.
Deepwater has roughly 456 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare Deepwater with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Deepwater scores 18/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 5 government primary, 1 government secondary, 1 Catholic.
Who lives here
Demographics.
The 2021 Census put Deepwater's population at 456, with a median age of 56. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (78% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (60% family households, 34% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
456
Median age
56
Family households
60%
Lone person
34%
Demographics data as of May 2026· ABS 2021 Census
Free guide · 2026 edition
Thinking of selling in Deepwater?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to Deepwater, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in Deepwater?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for Deepwater
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross Yield (House)
Source: NSW Valuer General (PSI) · Sept 2026–
Based on $230,000 median
Gross Yield (Unit)
Source: NSW Valuer General (PSI) · Sept 2026–
Based on $137,520 median
Annual Growth (House)
Source: NSW Valuer General (PSI) · Sept 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: NSW Valuer General (PSI) · Sept 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202678%
Higher = more owner-occupier demand
Days on Market
Source: NSW Valuer General (PSI) · Sept 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
16
total offences in 2026
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2026· State Police Open Data
Getting around
Walkability.
18
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Deepwater.
Local schools for Deepwater
View the catchment for each school to find out more.
Government School Catchment
Deepwater Public School
Emmaville Central School
Glen Innes Public School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Deepwater.
- What is the median house price in Deepwater?
- The median house price in Deepwater, NSW 2371 is $230,000 (median of 23 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $137,520.
- How much is my house worth in Deepwater?
- A useful starting point is the Deepwater median house price of $230,000 (units $137,520). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Deepwater postcode?
- Deepwater is in the 2371 postcode, in NSW, in the Inverell Shire Council region.
- Where is Deepwater?
- Deepwater is a regional suburb in NSW, postcode 2371, in the Inverell Shire Council region.
- What schools are in Deepwater?
- There are 8 schools serving Deepwater on this page, including Deepwater Public School, Emmaville Central School, Glen Innes Public School.
- How walkable is Deepwater?
- Deepwater has a Walk Score of 18 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Deepwater?
- Deepwater is close to Wellington Vale, Rangers Valley, Stannum, Tent Hill, Torrington.
- What is the population of Deepwater?
- The population of Deepwater is approximately 456 (2021 Census). The median age is 56.
Deepwater
Buying
Selling
Surrounding Suburbs
Side by side
Compare Deepwater vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in Deepwater?
The complete selling guide, personalised to Deepwater: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide