FOR SALE
OFFERS OVER $700,000

42 Alice Street
Deepwater NSW 2371

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7ha
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Deepwater Development Block

Being sold due to mortgagee in possession. Located approx 327kms from Brisbane in the town of Deepwater NSW. The town is situated on the New England Highway, the main inland route between Brisbane & Sydney.
Previously the property was marketed as individual lots as part of a subdivision- (the DA for the subdivision has now lapsed). The property is now being sold as one lot-Lot 2 In DP1112580.
Set on a 6.67ha* (16ac*) block, with 205m* of Deepwater River frontage, providing a peaceful back drop to build upon. The block is majority zoned RU5 -Village with closer to the river being zoned RU1-Primary Production.
The block could lend itself to pursuits such as a foundation for another residential subdivision, various and vast business opportunities, a lifestyle block to build upon, or as grazing land for livestock. The opportunities are vast and wide-subject to council approval.
For more information contact the Exclusive Agents:
Geoff Hayes-0429 201120
Approx*

Property Details for 42 Alice St, Deepwater

Building Type
Land
Land Size
7ha

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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 428 properties. Over the last 5 years, Houses in Deepwater have seen a 57.00% increase in median value. As at 30 November 2024:

  • The median value for Houses in Deepwater is $249,750.
  • Houses have a median rent of $210.
There are currently 20 properties listed for sale, and 1 property listed for rent in Deepwater on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Deepwater.

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Geoff Hayes
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Ray White Rural Glen Innes
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