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 2016 was 435 people. By 2021 the population was 456 showing a population growth of 4.8% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Deepwater work in a managers occupation.In 2021, 78.10% of the homes in Deepwater were owner-occupied compared with 75.50% in 2016.
Deepwater has 433 properties. Over the last 5 years, Houses in Deepwater have seen a 96.01% increase in median value. As at 31 October 2025:
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