FOR SALE
$40,000 - $299,000

42 Alice Street
Deepwater NSW 2371

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ACADIA BANKS ESTATE

We are proud to present Acadia Banks Estate. With a total of 22 sites, from 1012m2 to 6630m2. There is an opportunity to purchase and develop one or multiple residential blocks with the option to build a forever home, weekender, or investment property.
The village of Deepwater is centrally located on the New England Highway, 50kms north of Glen Innes and south of Tenterfield, and is known for its strong sense of community, and its well-defined seasons.
Amenities available include a FoodWorks supermarket, a primary school, a cafe, a local brewery and a racecourse that hosts a very popular annual racing event.
Lot 1. 1012m2 - $40,000
Lot 2. 1012m2 - $40,000
Lot 3. 1035m2 - $45,000 SOLD
Lot 4. 1035m2 - $45,000 SOLD
Lot 5. 1035m2 - $45,000 SOLD
Lot 6. 1035m2 - $45,000
Lot 7. 1035m2 - $45,000
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Property Details for 42 Alice St, Deepwater

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Land

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About Deepwater 2371

The size of Deepwater is approximately 506.3 square kilometres. It has 8 parks covering nearly 10.4% of total area. The population of Deepwater in 2011 was 319 people. By 2016 the population was 449 showing a population growth of 40.8% in the area during that time. The predominant age group in Deepwater is 60-69 years. Households in Deepwater are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Deepwater work in a managers occupation. In 2011, 76.4% of the homes in Deepwater were owner-occupied compared with 75.5% in 2016.

Deepwater has 427 properties. Over the last 5 years, Houses in Deepwater have seen a 108.87% increase in median value. As at 30 September 2024:

  • The median value for Houses in Deepwater is $279,201.
  • Houses have a median rent of $210.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Deepwater on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Deepwater.

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Nellie Hayes
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Angelina Mepham
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