Chart Color Schemes
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
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
Find a Recent Sale
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 was estimated at around 4550 as of May 2026, reflecting an increase of 1537 people since the 2021 Census which reported a population of 3013. This growth is inferred from AreaSearch's estimation of the resident population at 4436 following examination of ABS's latest ERP data release in June 2025, and an additional 696 validated new addresses since the Census date. The population density ratio is 263 persons per square kilometer. Calderwood's growth rate of 51% since the 2021 census exceeded Rest of NSW's 4.9%. Population growth was primarily driven by interstate migration contributing approximately 79%. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.
For areas not covered, NSW State Government's SA2 level projections released in 2022 with a base year of 2021 are used. Future trends predict exceptional growth placing Calderwood in the top 10% nationally by 2041, with an expected increase of 2869 persons reflecting a 60.5% total increase over the 16 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
Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Calderwood has recorded around 123 residential properties granted approval annually. Over the past five financial years, between FY-21 and FY-25, approximately 619 homes were approved, with an additional 79 approved so far in FY-26. On average, about three people move to the area per new home constructed over these years, indicating healthy demand which supports property values.
New homes are being built at an average expected construction cost value of $444,000, somewhat higher than regional norms, reflecting quality-focused development. This year, there have been $97,000 in commercial approvals, demonstrating the area's residential nature. Compared to Rest of NSW, Calderwood shows 377.0% higher development activity per person, providing buyers with ample choice though development activity has moderated in recent periods. This is significantly above the national average, indicating robust developer interest in the area. New building activity consists of 62.0% detached dwellings and 38.0% townhouses or apartments, expanding medium-density options and creating a mix of opportunities across price brackets from traditional family housing to more affordable compact alternatives. This marks a significant departure from existing housing patterns which are currently 99.0% houses, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs.
The location has approximately 34 people per dwelling approval, indicating an expanding market. Looking ahead, Calderwood is expected to grow by 2,755 residents through to 2041 based on the latest AreaSearch quarterly estimate. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Development applications around Calderwood
Loading development applications…
| Lodged | Address | Description | Type | Distance | Status |
|---|
SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Calderwood has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 17 projects that could impact this region. Notable ones are Calderwood Village, Cascadia Calderwood, Tripoli Way Extension, and Yellow Rock Road Upgrade. The following details those expected to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Calderwood Village
Calderwood Village is a circa $50 million neighbourhood shopping centre and community hub by Revelop within Lendlease's Calderwood Valley masterplanned community. The 18,500 square metre village centre site includes a 7,500 square metre neighbourhood shopping centre anchored by Woolworths and BWS, plus specialty retailers, outdoor dining, childcare, gym, swim school, medical and allied health, veterinary services and 285 parking spaces with EV charging. Revelop appointed iprojects as construction partner after Quasar Constructions entered administration, with construction recommencing in November 2024 and the centre scheduled for March 2026 completion.
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.
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.
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.
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
The exceptional employment performance in Calderwood places it among Australia's strongest labour markets
Calderwood has a skilled workforce with prominent representation in essential services sectors. Its unemployment rate was 2.0% as of December 2025, lower than Regional NSW's 3.9%. Employment growth over the past year was estimated at 4.5%, based on AreaSearch aggregation of statistical area data.
A total of 2,487 residents were employed in December 2025, with a workforce participation rate of 77.9%, significantly higher than Regional NSW's 60.5%. Notably, 26.9% of Calderwood's residents worked from home, as per Census responses, though Covid-19 lockdown impacts should be considered. Key industries for employment among residents are health care & social assistance, construction, and retail trade, while agriculture, forestry & fishing is under-represented at 0.5%, compared to Regional NSW's 5.3%.
Employment opportunities locally may be limited, as indicated by the count of Census working population versus resident population. Between December 2024 and December 2025, employment increased by 4.5% while labour force also grew by 4.5%, keeping unemployment relatively stable at 1.9%. In contrast, Regional NSW experienced an employment decline of 1.2% and a labour force decline of 0.8%, with unemployment rising by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Calderwood's employment should increase by 6.7% over five years and 14.0% over ten years, based on industry-specific projections applied to Calderwood's employment mix.
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 has a median taxpayer income of $70,900 and an average of $82,864 based on the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. Nationally, this is extremely high compared to Regional NSW's median income of $52,390 and average income of $65,215. By March 2026, estimated incomes are approximately $78,217 (median) and $91,416 (average), accounting for a 10.32% Wage Price Index growth since financial year 2023. According to the 2021 Census, Calderwood's household, family, and personal incomes rank highly nationally, between the 87th and 88th percentiles. Income analysis shows that 48.6% of Calderwood's population (2,211 individuals) fall within the $1,500 - $2,999 income range, which is similar to regional levels where 29.9% occupy this range. Higher earners make up a substantial presence with 32.9% exceeding $3,000 weekly, indicating strong purchasing power in the community. High housing costs consume 20.5% of income, but strong earnings place disposable income 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 structure, as per the latest Census, consisted of 98.7% houses and 1.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Regional NSW's 82.6% houses and 17.4% other dwellings. Home ownership in Calderwood stood at 12.9%, with the remaining dwellings either mortgaged (67.0%) or rented (20.0%). The median monthly mortgage repayment was $2,470, exceeding Regional NSW's average of $1,733. Weekly rent in Calderwood was recorded at $580, compared to Regional NSW's $330. Nationally, Calderwood's mortgage repayments were significantly higher than the Australian average of $1,863, and rents 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 account for the remaining 9.4%, with lone person households at 7.6% and group households comprising 1.4%. The median household size is 3.1 people, which is larger than the Regional NSW average of 2.4.
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% holding university degrees, compared to NSW's 32.2%. This indicates potential for educational development. Bachelor degrees are most common at 16.4%, followed by postgraduate qualifications (4.5%) and graduate diplomas (1.7%). Vocational credentials are prominent, with 47.0% holding them - advanced diplomas at 12.9% and certificates at 34.1%.
Educational participation is high, with 30.9% currently enrolled in formal education. This includes 12.1% in primary, 6.3% in secondary, 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 has 19 active public transport stops, all of which are bus stops. These stops are served by 14 different routes that together provide 211 weekly passenger trips. The accessibility of public transport in Calderwood is rated as good, with residents typically living 288 meters away from the nearest stop. Most residents commute outwards due to its residential nature. Car remains the most popular mode of transport, used by 96% of residents. On average, there are 1.9 vehicles per dwelling in Calderwood, which is higher than the regional average.
According to the 2021 Census, a high proportion of residents, at 26.9%, work from home, which may be reflective of COVID-19 conditions. The service frequency averages 30 trips per day across all routes, equating to approximately 11 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Calderwood is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions
Calderwood exhibits superior health outcomes based on AreaSearch's evaluation of mortality rates and chronic condition prevalence. Both younger and older age groups show low incidence of common health issues.
Approximately 60% of Calderwood's total population (2713 people) has private health cover, surpassing Regional NSW's average of 51.9%. The most prevalent medical conditions are asthma and mental health concerns, affecting 8.8% and 8.0% of residents respectively. Notably, 76.4% of residents report no medical ailments, compared to 63.3% in Regional NSW. Under-65s in Calderwood display better-than-average health outcomes. The area has 9.1% of residents aged 65 and over (414 people), lower than Regional NSW's 23.4%. Health outcomes among seniors are above average, aligning with national rankings for the general 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 cultural diversity was below average, with 86.2% of its population born in Australia, 93.2% being citizens, and 89.7% speaking English only at home. Christianity was the main religion, comprising 55.7% of Calderwood's population, compared to 55.9% across Regional NSW. The top three ancestry groups were Australian (31.2%), English (26.9%), and Other (6.0%).
Notably, Spanish (1.8%) was overrepresented in Calderwood compared to the regional average (0.3%), as were Macedonian (1.6%, vs 0.4%) and Maltese (1.7%, vs 0.4%).
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 years, which is considerably lower than Regional NSW's average of 43 and substantially under Australia's median of 38. Compared to Regional NSW, Calderwood has a higher concentration of residents aged 25-34 at 24.3%, but fewer residents aged 55-64 at 4.9%. This 25-34 concentration is well above the national average of 14.6%. Between the 2021 Census and the present, the proportion of residents aged 65 to 74 has grown from 4.9% to 7.0%, while those aged 15 to 24 increased from 8.5% to 10.0%. Conversely, the proportion of residents aged 0 to 4 has declined from 12.9% to 10.9%, and the 25 to 34 group has dropped from 26.3% to 24.3%. Demographic modeling suggests that Calderwood's age profile will evolve significantly by 2041. The 35 to 44 cohort shows the strongest projected growth at 73%, adding 595 residents to reach a total of 1,405. Meanwhile, the 85+ cohort grows by a modest 0% (adding only 3 people).