Deepwater is located 35km North of Glen Innes on the New England Highway. 

The village was established in 1838 and is home to a thriving community of 400 people, many still directly related to the original settler families. With the opening of the Great Northern Railway Line in 1886, Deepwater became a bustling township exporting, wool, dairy, livestock, meat and mining products. Today you will find historic buildings still in existence including the Picture Theater, Court House, Post Office, School of Arts, Deepwater Public School, and the General Store. The area is largely agriculturally focused, with the main pursuits being wool, fat lamb and beef cattle production. In January the town comes alive with over 3,000 people visiting for the annual Deepwater Races. While in town enjoy a meal or refreshment. Other popular activities include fishing, site seeing, farm stays and camping along the beautiful river frontage.