Calderwood
Suburb profile, market snapshot and recent listings for Calderwood, NSW 2527.
About Calderwood
Welcome to Calderwood
Calderwood sits on the northern edge of the Illawarra, roughly midway between Wollongong and Shellharbour, tucked between the rural pockets of Marshall Mount and Tullimbar and within easy reach of Albion Park. It's one of the region's newest master-planned communities, built largely from scratch over the past decade on land that was once dairy and grazing country, with the escarpment forming a green backdrop to the west.
With a population of just over 3,000 and a median age of 30, Calderwood reads as a young family suburb — new estates, wide nature strips and a steady rhythm of construction as the community continues to fill in. It suits buyers after a modern, low-maintenance home with room to grow, rather than those chasing period character or an established inner-urban feel.
Housing & architecture
The housing stock in Calderwood is almost entirely new. Current listings are 91% houses, with land releases making up 7% and a small townhouse component of 2%, reflecting the suburb's identity as a greenfield estate still being built out. Homes tend to be contemporary in design — double-storey brick veneer and rendered facades on regular-sized blocks, many still under their first ownership.
Because so much of the suburb has been developed to a consistent, contemporary brief, streetscapes feel cohesive, and there's still scope for buyers to purchase land and build depending on where the estate's remaining stages are up to.
The property market
Calderwood's median house price currently sits at $1.13 million, having climbed 13.3% recently — a sign of continued demand for new-build family homes in the northern Illawarra corridor. Median weekly rent is $850, pointing to solid interest from tenants as well as owner-occupiers, likely a mix of young families and commuters priced out of Wollongong proper.
Given the suburb is still maturing, buyers are typically weighing up established homes against the option of house-and-land packages, with pricing across both segments closely tied to the pace of new stage releases nearby.
Getting around
Calderwood is positioned just off the Princes Highway/Illawarra Highway network, giving reasonably direct access north to Albion Park and Yallah, and south towards Shellharbour and the coast. Albion Park's train station is the nearest rail option for those commuting to Wollongong or further afield via the South Coast line, while Shellharbour Airport is also within a short drive for domestic flights.
As an outer-growth suburb, a car remains the most practical way to get around day to day, though bus services connect Calderwood with neighbouring centres for those without their own transport.
Schools & families
Calderwood has been developed with families front of mind, including a local public school built to serve the growing estate, supplemented by established schools in nearby Albion Park and the broader Shellharbour and Wollongong districts for high school options. The suburb's young median age of 30 backs up its reputation as a place where families are putting down roots early, often moving in as their children are pre-school or primary-school aged.
Parks & recreation
New parks, playgrounds and open reserves have been rolled out alongside the housing stages, giving families plenty of green space close to home, with the Illawarra escarpment providing a scenic backdrop for walks and outdoor recreation. Nearby Marshall Mount and the Macquarie Pass area offer a rural, bushland contrast just a short drive away, while the beaches around Haywards Bay and Shellharbour are within easy reach for weekend trips to the coast.
Market snapshot
Calderwood property market
Median sale price
$1.13m
House · 4 bed
Median rent
$850
per week
Gross rental yield
3.9%
annual rent ÷ sale price
Typical price range
Entry
$914k
Median
$1.13m
Premium
$1.50m
Days on market
43
Auction clearance
0%
Sold this year
97
Median sold price trend · House 4 bed
Compound growth +4.4% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Calderwood by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Calderwood, NSW 2527.
Population
3,013
residents (2021)
Median age
30
years
Household income
$2,431
median, per week
Median rent
$580
per week
Median mortgage
$2,470
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Calderwood
$995k
51 Bushranger Parade
Sold ~July 2026
$1.60m
3 Stud Close
Sold ~July 2026
$1.29m
5 Fairy Wren Close
Sold ~July 2026
$609k
4 Dolly Circuit
Sold ~July 2026
$1.03m
10 Pigeon Close
Sold ~July 2026
$1.50m
16 Brotheridge Avenue
Sold ~July 2026
$1.28m
11 Magpie Avenue
Sold ~July 2026
$960k
11 Scanlon Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Calderwood
Compare the area
Price map around Calderwood
Every listing for sale near Calderwood, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Calderwood suburb FAQ
What is the median property price in Calderwood?
The median house price in Calderwood, NSW is $1.13m for a 4-bedroom home. Over the past year, median sold prices have risen about 13.3%.
How much is rent in Calderwood?
The median weekly rent in Calderwood is around $850 per week.
Is Calderwood a good place to live?
Calderwood is a suburb in the City of Shellharbour in New South Wales, Australia, lying to the northwest of Albion Park. Calderwood is an established residential suburb in NSW, with a population of around 3,013.
What is the population of Calderwood?
Calderwood has a population of 3,013 (ABS 2021 Census), with a median age of 30.
How long do homes take to sell in Calderwood?
Properties in Calderwood take around 43 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Calderwood?
Entry-level properties in Calderwood start around $914k, while premium homes reach $1.50m.
What suburbs are near Calderwood?
Suburbs near Calderwood include Albion Park, Tullimbar, Marshall Mount, Yallah and Haywards Bay.
Fresh to market
New this week in Calderwood
Nature's Beauty, Your Backyard Only in Calderwood Can You Live This Close to Perfection.
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