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This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.
SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.
Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
est. as @ -- *
2021 Census | -- people
Sales Activity
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Sales Detail
Population
Calderwood lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Calderwood's population is estimated at around 4,550 as of Nov 2025. This reflects an increase of 1,537 people since the 2021 Census, which reported a population of 3,013 people. The change is inferred from AreaSearch's estimate of 3,658 residents following examination of ABS ERP data release in June 2024 and 562 validated new addresses since the Census date. This level of population equates to a density ratio of 263 persons per square kilometer. Calderwood's 51.0% growth since the 2021 census exceeded the non-metro area (5.7%) and the SA4 region, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 79.0%.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year. For areas not covered, NSW State Government's SA2 level projections released in 2022 with 2021 as the base year are used. Future population trends predict exceptional growth, placing Calderwood in the top 10 percent of national non-metropolitan areas by 2041. The area is expected to expand by 2,249 persons by 2041 based on aggregated SA2-level projections, reflecting a gain of 30.6% over the 17 years.
Frequently Asked Questions - Population
Development
The level of residential development activity in Calderwood was found to be higher than 90% of real estate markets across the country
Calderwood has averaged approximately 122 new dwelling approvals per year. Between financial years FY-21 and FY-25, around 610 homes were approved, with an additional 54 approved in FY-26 to date. On average, 1.9 new residents have arrived annually for each new home over the past five financial years.
This suggests a balance between supply and demand, contributing to stable market dynamics. The average construction value of new properties is $444,000, slightly above the regional average. In FY-26, $97,000 in commercial approvals have been registered, indicating a predominantly residential focus. Compared to the Rest of NSW, Calderwood has seen 374.0% more new home approvals per person. This abundance should provide buyers with ample choice, although building activity has slowed in recent years. Nationally, Calderwood's activity is well above average, reflecting strong developer confidence in the area.
New building activity consists of 63.0% detached dwellings and 37.0% townhouses or apartments, offering a range of medium-density options across various price brackets. Currently, Calderwood has around 35 people per dwelling approval, indicative of a growth area. Population forecasts suggest Calderwood will gain approximately 1,390 residents by 2041, based on the latest AreaSearch quarterly estimate. Given current development patterns, new housing supply should readily meet demand, presenting good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Calderwood has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 17 projects likely to impact the area. Notable projects include Calderwood Village, Tripoli Way Extension, Cascadia Calderwood, and Albion Park Rail Residential Development - Riverside Estate. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Calderwood Village
Calderwood Village is a $50 million neighbourhood shopping centre and community hub developed by Revelop within the Stockland Calderwood Valley masterplanned community. The 10,000 square metre centre features a full-line Woolworths supermarket, BWS, Priceline Pharmacy, Young Academics childcare, Anytime Fitness, a swim school, and medical facilities. The development includes over 280 parking spaces with EV charging stations and a significant rooftop solar array. Following a change in builders to iProjects (formerly Rebuild Projects) in late 2024, the project is tracking for completion in March 2026.
Con O'Keefe and Russell Street Precinct Master Plan
A comprehensive master plan adopted by Shellharbour City Council in May 2024 to revitalize Con O'Keefe Park and Russell Street Precinct in Albion Park. The project includes library extension, new amenities building, community garden relocation, improved sports facilities with lighting, upgraded playgrounds, skate plaza, fitness stations, enhanced landscaping and accessibility improvements. The master plan will be delivered in stages over multiple years to serve the growing community needs.
Tripoli Way Extension
Construction of the final stage of the Tripoli Way Extension to create an uninterrupted travel route connecting Terry Street in the east to the Illawarra Highway at Broughton Avenue in the west, bypassing the Albion Park town centre. The project includes widening to four lanes to Calderwood Road and two lanes to Tongarra Road at Tullimbar. This will reduce traffic congestion on the Illawarra Highway/Tongarra Road and improve connectivity to growing communities like Tullimbar and Calderwood Valley. Early electrical works began February 2025. The full scope, including the Terry Street intersection upgrade, is now funded as part of a $74 million project.
Albion Park Rail Residential Development - Riverside Estate
Large residential development featuring 850 new homes across multiple stages. The development includes parks, walking trails along Macquarie Rivulet, and community facilities to support sustainable suburban growth.
Calderwood Valley Master-Planned Community
A massive 700-hectare master-planned community in the Illawarra region, now a joint venture between Stockland and Supalai Australia. The project is delivering approximately 4,800 to 5,000 homes across multiple precincts including 'The Valley' and 'The Fields'. Key infrastructure includes the $50 million Calderwood Village (anchored by Woolworths and BWS, slated for March 2026 completion), a new public school opening in 2028, and the Tripoli Way Extension. The estate features 35km of trails and 200 hectares of open space.
Mount Terry Estate
A 70-lot residential estate offering 4 and 5-bedroom house and land packages situated between creek reserves and mountain backdrops. The estate features natural character with peaceful surroundings while remaining connected to South Coast amenities including local shops, sporting facilities, and educational precincts. Ready-built packages available with completion expected in early 2026.
Yellow Rock Road Upgrade
The Yellow Rock Road Upgrade involves transforming the road into a major collector road to meet the needs of the growing community. The project covers more than 600 metres of road infrastructure starting from the Illawarra Highway. Key features include road widening, new kerbing and guttering, surface re-grading, additional car parking spaces, upgraded intersections and access points, pedestrian refuge and shared path construction, upgraded lighting, stormwater infrastructure, signage, and line marking improvements.
Albion Park Rail Town Centre Revitalisation
A comprehensive revitalisation plan for Albion Park Rail town centre including upgraded public spaces, new commercial opportunities, improved pedestrian access and enhanced community facilities. The project aims to create a vibrant town heart that serves the growing population.
Employment
Calderwood ranks among the top 25% of areas assessed nationally for overall employment performance
Calderwood has a skilled workforce with essential services sectors well represented. The unemployment rate in Calderwood is 2.3%, which is lower than the Rest of NSW's rate of 3.8%.
Employment growth over the past year was estimated at 0.9%. As of September 2025, there are 2,095 residents employed with an unemployment rate of 1.5% below the Rest of NSW rate and a workforce participation rate of 79.0%, compared to Rest of NSW's 56.4%. The leading employment industries among residents include health care & social assistance, construction, and retail trade, while agriculture, forestry & fishing has limited presence with only 0.5% employment compared to the regional average of 5.3%.
Employment opportunities locally appear limited as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, employment levels increased by 0.9% and labour force increased by 1.0%, with unemployment remaining essentially unchanged. In contrast, Rest of NSW saw employment contract by 0.5%, the labour force fall by 0.1%, and unemployment rise by 0.4 percentage points. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. This compares favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these projections to Calderwood's employment mix suggests local employment should increase by 6.7% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Calderwood suburb's median income among taxpayers was $70,900 in financial year 2023. Average income stood at $82,864 during the same period. This compares to Rest of NSW's median and average incomes of $52,390 and $65,215 respectively. By September 2025, estimated median and average incomes would be approximately $77,182 and $90,206 based on Wage Price Index growth of 8.86%. Calderwood's household, family, and personal incomes rank between the 87th and 88th percentiles nationally according to census data. Income distribution shows 48.6% (2,211 individuals) fall within the $1,500 - $2,999 range. Economic strength is evident with 32.9% of households earning over $3,000 weekly, supporting high consumer spending. High housing costs consume 20.5% of income, yet disposable income ranks at the 82nd percentile nationally. The area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Calderwood is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region
Calderwood's dwelling structures, as per the latest Census, were 98.7% houses and 1.3% other dwellings (semi-detached, apartments, 'other' dwellings). Non-Metro NSW had 79.0% houses and 21.0% other dwellings. Home ownership in Calderwood was 12.9%, with mortgaged dwellings at 67.0% and rented ones at 20.0%. The median monthly mortgage repayment was $2,470, higher than Non-Metro NSW's average of $2,167. Median weekly rent in Calderwood was $580, compared to Non-Metro NSW's $430. Nationally, Calderwood's mortgage repayments were significantly higher at $2,470 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Calderwood features high concentrations of family households, with a higher-than-average median household size
Family households constitute 90.6% of all households, including 50.7% couples with children, 28.7% couples without children, and 11.0% single parent families. Non-family households comprise the remaining 9.4%, with lone person households at 7.6% and group households at 1.4%. The median household size is 3.1 people, which is larger than the Rest of NSW average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Calderwood exceeds national averages, with above-average qualification levels and academic performance metrics
Calderwood Trail residents aged 15+ have 22.6% with university degrees, compared to NSW's 32.2%. Bachelor degrees are most common at 16.4%, followed by postgraduate qualifications (4.5%) and graduate diplomas (1.7%). Vocational credentials are held by 47.0%, including advanced diplomas (12.9%) and certificates (34.1%). Educational participation is high, with 30.9% currently enrolled in formal education: primary (12.1%), secondary (6.3%), and tertiary (3.4%).
Educational participation is notably high, with 30.9% of residents currently enrolled in formal education. This includes 12.1% in primary education, 6.3% in secondary education, and 3.4% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Calderwood's public transport analysis shows 19 active stops operating within the area, all of which are bus stops. These stops are served by 14 different routes that together provide a total of 211 weekly passenger trips. The accessibility of these services is rated as good, with residents on average being located 288 meters away from the nearest transport stop.
On average, there are 30 trips per day across all routes, which equates to approximately 11 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Calderwood's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Calderwood's health outcomes data shows notable results, with younger age groups experiencing a low prevalence of common health conditions. Approximately 60% (2,713 people) have private health cover, higher than Rest of NSW's 53.8%.
The most prevalent medical conditions are asthma and mental health issues, affecting 8.8 and 8.0% respectively. A total of 76.4% report no medical ailments, compared to 65.2% in Rest of NSW. Calderwood has 6.4% (291 people) aged 65 and over, lower than Rest of NSW's 20.9%. However, health outcomes among seniors require more attention than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Calderwood ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics
Calderwood's population, surveyed in June 2016, showed low cultural diversity: 86.2% were born in Australia, 93.2% were citizens, and 89.7% spoke English only at home. Christianity was the predominant religion, at 55.7%, compared to 57.3% regionally. Top ancestral groups were Australian (31.2%), English (26.9%), and Other (6.0%).
Notably, Spanish (1.8%) and Maltese (1.7%) groups were relatively overrepresented, while Macedonian (1.6%) was slightly underrepresented compared to regional averages of 1.0%, 1.3%, and 1.9% respectively.
Frequently Asked Questions - Diversity
Age
Calderwood hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Calderwood's median age is 30, which is considerably lower than the Rest of NSW average of 43 and substantially under the Australian median of 38. Relative to Rest of NSW, Calderwood has a higher concentration of 25-34 year-olds at 26.2%, but fewer 55-64 year-olds at 4.5%. This 25-34 age group is well above the national average of 14.5%. Between the 2021 Census and now, the 35 to 44 age group has grown from 16.6% to 18.5% of Calderwood's population. Conversely, the 55 to 64 cohort has declined from 6.3% to 4.5%, and the 45 to 54 age group has dropped from 7.2% to 5.7%. Demographic modeling suggests that by 2041, Calderwood's age profile will evolve significantly. The 35 to 44 cohort is projected to grow strongly at a rate of 49%, adding 416 residents to reach 1,258. In contrast, the 85+ group is expected to contract by 0 residents.