Conveniently positioned only minutes East of the New England Highway the property "Culgoa" enjoys the strategic advantage of being within cost effective road transport to major sales outlets including feedlots, abattoirs, and saleyards.
Comprising 882.36ha* (2180.4ac*) of open grazing country "Culgoa" is not only highly productive but also private and scenic. Management is made easy by the uniform shape of the holding and recent major improvements in paddock design and internal fencing which allows for both set and rotational grazing practices. Water is a key feature of the property with an extensive frontage to Deepwater River, seasonal gullies, and numerous stock dams. An added luxury is the inclusion of a 165MEG WAL which provides the option of growing a variety of crops along the fertile river flats.
Structural improvements are robust and well kept with a modern homestead in established gardens headlining a long list which includes a 6-stand woolshed, huge machinery shed and modern steel cattle yards.
The size of Deepwater is approximately 506.3 square kilometres. There are 8 parks, covering nearly 10.4% of the 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 437 properties. Over the last 5 years, Houses in Deepwater have seen a 84.06% increase in median value. As at 30 April 2026:
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