Calderwood suburb profile
Calderwood is a burgeoning suburb located in the Illawarra region of New South Wales, offering a harmonious blend of natural beauty and modern living. Nestled amidst rolling hills and lush landscapes, Calderwood is part of a master-planned community that caters to families and individuals seeking a serene yet connected lifestyle. The suburb is characterized by its spacious residential developments, parks, and recreational facilities, making it an ideal location for outdoor enthusiasts. With its proximity to Albion Park and easy access to Wollongong, Calderwood provides residents with the perfect balance of tranquility and convenience.
Calderwood property market performance
Calderwood’s property market has shown impressive growth, with house values increasing by 16.8% over the past 12 months. The median house price now stands at $1.14 million, reflecting strong demand. No units have been sold during this period, suggesting a lack of availability or demand for this property type.
In the past three months, 30 houses have been sold, with median days on market standing at 44, indicating a reasonably brisk market pace. The unit market remains inactive, possibly due to a lack of inventory.
Rental prices for houses have seen a moderate increase of 2.5% over the last 12 months, with the average rent reaching $820. The unit rental market remains unchanged, reflecting the absence of available units in Calderwood.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.10M | N/A |
Change in value Past 12 months | 18.5% | N/A |
Sold Past 3 months | 30 | N/A |
Median days on market Past 12 months | 43 | N/A |
Average rent Past 12 months | $828 | N/A |
Change in rent Past 12 months | 3.5% | N/A |
Calderwood demographics
Calderwood, located in the Illawarra region of New South Wales, is a burgeoning suburb known for its family-friendly environment and modern residential developments. With a population of 3,013 and a median age of 30, Calderwood is a youthful and vibrant community, attracting young families and professionals seeking a balanced lifestyle away from the hustle and bustle of larger cities. The suburb's proximity to natural attractions and its growing infrastructure make it an appealing choice for those looking to settle in a serene yet connected area.
The suburb's demographic profile is characterized by a high percentage of couple families with children, accounting for 54.7% of the population, which underscores its appeal to families. Additionally, 32.5% of households are couple families without children, indicating a diverse mix of family structures. The presence of one-parent families, making up 11.8% of the community, adds to the suburb's inclusive atmosphere.
In terms of property ownership, Calderwood exhibits a strong inclination towards homeownership, with 66.5% of properties owned with a mortgage. This reflects the suburb's appeal to new homeowners and those investing in long-term residency. Meanwhile, 13.5% of properties are owned outright, and 20% are rented, offering a range of housing options for different preferences and financial situations. The median total household income of $2,431 per week suggests a relatively affluent community, likely driven by the area's appeal to professionals and families seeking a high quality of life.
Suburbs near Calderwood
Some popular suburbs near Calderwood include:

