Carwoola is a locality in the state of New South Wales, Australia. It is immediately to the south of the Kowen district, which is located in the Australian Capital Territory. The Molonglo River passes through the Carwoola area before opening out into the Molonglo Plains. The Kings Highway and Captains Flat Road are the two major through routes. Carwoola is part of the Queanbeyan-Palerang Regional Council and the Southern Tablelands geographic area. The area also roughly aligns with the original Carwoola Parish.