Caldermeade is a rural locality about 5 km from the north-eastern shore of Western Port Bay, and between Koo Wee Rup and Lang Lang. It was named after the Caldermeade pastoral property (1856) established by Archibald McMillan (1789-1863). McMillan acquired the property as part of the Yallock pastoral run in 1856. He was an important person in the district and Mac's lane (named after his family) was the name of the railway station (1890) before its renaming as Caldermeade.

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