Kangaroo Valley is a shire of New South Wales in Australia, located west of the seaside neighbouring shire of the Shoalhaven. It is approximately two hours drive south-west of Sydney and about two hours north of Canberra. It is also the name of the small township within it. The historical Hampden Bridge , the oldest suspension bridge in Australia, is located in Kangaroo Valley.

Whereas historically, Kangaroo Valley's main industry was agriculture, nowadays it caters more to tourists from Sydney, Canberra and other regions. The small town has several arts shops and galleries, several restaurants and cafes, a couple of hotels and bars, one post office, one newsagents, one grocery store and two real estate agents. Notably, while there are two real estate agents who always open on weekends, there are no doctors or dentists but there is an ambulance bay where a doctor visits once a week.

Kangaroo valley is a gently sloping wide valley surrounded on its sides by high mountains of the NSW Southern Highlands.