Calderwood real estate
NSW 2527 · Shellharbour City Council · About 13 km from our Shell Cove office
The suburb
Living in Calderwood
Calderwood lies north-west of Albion Park in the City of Shellharbour, in the valley between the Illawarra Highway and Marshall Mount Road. Until recently it was farmland, and the former suburb of North Macquarie is now part of it. Almost every home here is new, built since the late 2010s as part of Calderwood Valley, a master-planned community covering around 700 hectares.
Lendlease started the estate under a State concept approval granted in 2010, and Stockland took it over in a deal announced in December 2023. The plan provides for thousands of homes along with schools, parks, sportsgrounds and more than 30 kilometres of walking and cycling trails. Part of the original release area crosses the council boundary into the City of Wollongong, towards Marshall Mount. The streets are mostly new detached family homes.
The market
Prices and rents in Calderwood
Median house price, postcode 2527
+18.8% on a year earlier
Median unit or townhouse price, 2527
+9.3% on a year earlier
Median weekly rent, houses, 2527
+15.1% on a year earlier
Median weekly rent, townhouses, 2527
Postcode sale prices: NSW Rent and Sales Report, March quarter 2026, sales in postcode 2527. Rents: NSW Rent and Sales Report, June quarter 2026, median of new bonds lodged with NSW Fair Trading for postcode 2527. © State of New South Wales (Department of Communities and Justice), CC BY 4.0. Medians are a guide, not a valuation. Compare all suburbs.
Living here
A new town in the valley
Calderwood Village opened in December 2025 with a full-line Woolworths; before then, residents drove to Albion Park or Shellharbour for groceries. Calderwood Christian School is in the suburb, and the NSW Government is planning a new public primary school and public preschool on Calderwood Road, aiming to open for the 2028 school year. Albion Park's schools and town centre are close by.
Parks, sportsgrounds and shared paths are laid out between the streets as stages are finished, part of the trail network planned across the valley. The Illawarra Highway runs along the southern side to Albion Park and the M1 Princes Motorway, and the nearest station is Albion Park, in Albion Park Rail, on the South Coast Line.
The people
Who lives in Calderwood
People
Median age
Median household income a week
- Owned outright 13.3%
- Owned with a mortgage 65.8%
- Rented 19.8%
Source: Australian Bureau of Statistics, 2021 Census of Population and Housing, Calderwood (SAL10749). © Commonwealth of Australia, CC BY 4.0. Tenure shares are of occupied private dwellings and don't add to 100% where some households didn't say.
Selling
Selling in Calderwood
Buyers in Calderwood are usually comparing an established home with a new build on a vacant lot in the same estate, so the condition, inclusions and orientation of the house matter, along with lot size and what is planned nearby. We follow sales and land releases across the valley and price homes from resales in the same stage, not from the developer's list prices.
“They've got a tavern there, there's a shopping centre on the way, and it's a massive growth area with all new housing.”
Renting it out instead? We manage rental homes in Calderwood too, where houses in the postcode lease for around $800 a week.
Questions
About Calderwood
What is the median house price in Calderwood?
Houses across postcode 2527, which includes Calderwood, sold for a median of $1,010,000 in the March quarter 2026, up 18.8% on a year earlier, according to the NSW Rent and Sales Report. Prices within a postcode vary a lot from street to street, which is what an appraisal accounts for.
How much does it cost to rent a house in Calderwood?
The median weekly rent for a house across postcode 2527 was $800 in the June quarter 2026, from new bonds lodged with NSW Fair Trading. Ask us for a rental appraisal of your property for a figure that reflects its size and condition.
Do you sell homes in Calderwood?
Yes. Monique Field Property sells and manages homes in Calderwood, about 13 km from our office on Harbour Boulevard in Shell Cove. Book a free appraisal and we'll show you recent sales near you and what we'd expect your home to sell for.
Which council is Calderwood in?
Calderwood is in the City of Shellharbour, postcode 2527. The wider Calderwood Valley release area, approved in 2010, straddles the council boundary: about two-thirds is on the Shellharbour side and the rest is in the City of Wollongong towards Marshall Mount. It is worth checking which council a particular lot falls under.
Who is developing Calderwood Valley?
Lendlease began Calderwood Valley and sold it to Stockland as part of a twelve-project deal announced in December 2023, which the competition regulator cleared in September 2024. Stockland now runs the community. The village shopping centre was developed separately by Revelop and opened in December 2025.
What's your Calderwood home worth?
A free appraisal from Monique: recent sales near you, what's on the market, and the price range she'd expect.