Calderwood, NSW

Calderwood, NSW Property Market Overview

Calderwood, NSW, postcode 2527, is a residential suburb located in the Illawarra region, south of Sydney. AusPropertyInsights.app's data spans 15 years, recording 3,171 property sales in Calderwood. The current median property price (all dwellings) stands at $505,000, mirroring the median price for houses, as apartment sales are negligible.

Calderwood is characterised predominantly by detached houses, contributing to its family-friendly atmosphere. With data stretching back 15 years, we can see long-term trends shaping the property market. The suburb has seen significant activity, reflecting its growing appeal as a residential location within commuting distance of Wollongong and with access to the Southern Highlands.

Living in Calderwood, NSW

Calderwood offers a family-friendly lifestyle with access to several schools in the surrounding areas, including Calderwood Christian School and Albion Park High School. Residents can also enjoy parks and recreational facilities within the suburb and nearby Albion Park.

For shopping, residents often head to Albion Park or Shellharbour, which offer a range of retail options. While Calderwood itself is primarily residential, its proximity to these larger centres provides convenient access to amenities. The community vibe is generally described as quiet and suburban, making it appealing to families and those seeking a peaceful environment.

Calderwood is located a short drive from the coast, offering residents easy access to beaches and coastal activities. The suburb also benefits from being within reach of the Southern Highlands, providing opportunities for weekend getaways and exploring the region's natural beauty.

Who Buys in Calderwood?

The typical buyer in Calderwood is often a family or first home buyer, drawn to the suburb's affordable housing options and family-friendly environment. The median house price of $505,000 makes it relatively accessible compared to Sydney's more expensive suburbs.

The low percentage of strata properties (0.1%) indicates that most buyers are looking for houses rather than apartments. While the 10-year CAGR of 8.3% might attract some investors, Calderwood is primarily a suburb for owner-occupiers seeking a long-term home.

Market Analysis

Currently, Calderwood's property market is positioned above its long-term trend, indicating that it is in overvalued territory. This means that current property prices are higher than what historical trends would suggest.

The cycle position indicates that prices in Calderwood may be subject to correction or stabilisation in the near future. Understanding this position is crucial for anyone considering buying or selling property in Calderwood, as it provides context for current market valuations.

Is Calderwood a Good Investment?

Calderwood's growth patterns reflect its evolving status as a residential area within the Illawarra region. The 10-year CAGR of 8.3% demonstrates periods of significant growth, while the full-period CAGR of -4.8% underscores the importance of considering long-term market trends.

The suburb's current position above its long-term trend suggests that prices are elevated compared to historical averages. Factors driving property values in Calderwood include its affordability relative to Sydney, its family-friendly environment, and its proximity to both Wollongong and the Southern Highlands. However, potential buyers need to be aware of the cyclical nature of the property market, and consider the current market conditions.

Calderwood Market Outlook

As of early 2026, Calderwood's property market is experiencing conditions above its long-term trend, placing it in overvalued territory. Recent price trends have contributed to this position, reflecting broader market dynamics in the Illawarra region.

While Calderwood remains a popular residential choice, potential buyers and sellers should carefully analyse market conditions before making any decisions. Staying informed about local market trends is crucial for navigating the current environment.

Streets & Location in Calderwood, NSW

Calderwood, postcode 2527, features a range of residential streets, with some achieving higher median prices than others. According to our data, GUGARA ST, OAK FARM RD, and HONEYBEE CRES are among the streets with the highest median property prices in Calderwood.

The suburb benefits from its location within the Illawarra region, offering a balance between suburban living and access to natural amenities. With a total of 80 streets, Calderwood presents a variety of living environments.

Market Dynamics

The average settlement days for properties in Calderwood currently stand at 86 days. This indicates a moderate timeframe between the sale agreement and the final transfer of ownership.

Transaction patterns in Calderwood reflect a fairly standard market pace, with settlement times influenced by factors such as financing approvals and legal processes. The absence of quick-flip data suggests that short-term speculative buying isn't prevalent in Calderwood.

Development & Density

Calderwood exhibits low development density, with a strong emphasis on detached housing. There are only two apartment buildings in Calderwood, highlighting the suburb's predominantly residential character.

The limited number of apartments contributes to the overall housing composition, which is largely single-family dwellings. This focus on houses influences the lifestyle and demographic profile of Calderwood.

Growth & Property Mix

Over the past 10 years, Calderwood has experienced a Compound Annual Growth Rate (CAGR) of 8.3%. However, looking at the entire data period of 15 years, the CAGR is -4.8%. This difference highlights the fluctuations within the Calderwood property market.

The property mix in Calderwood is overwhelmingly dominated by houses, with only a tiny percentage (0.1%) of properties being strata (apartment) units. This composition influences the type of growth and investment opportunities available.