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Franchise opportunities in Randwick - North, NSW

Randwick - North’s 16,289 residents give it a franchise opportunity score of 66/100. The strongest fit is Bakery & Dessert (66/100), followed by Quick-Service Food and Retail.

Geography: this report covers the Randwick - North area (ABS SA2). Demographics from the ABS Census 2021.

16,289Population (ABS 2021)
+-8.7%5-year growth
$125,000Median household income
263Franchises recruiting nearby
Opportunity score66/100
How this opportunity score works

The score is a weighted 0–100 research signal, not a site-selection decision. It combines, per category:

  • Demand (category fit for the population) — 30%
  • Competition gap (trade-area model, more room scores higher) — 25%
  • Demographic fit (income vs the category) — 20%
  • 5-year population growth (percentile) — 15%
  • Franchise availability (systems recruiting here) — 10%

Inputs: ABS Census 2021 (population, income, growth) and a trade-area competition model using OpenStreetMap / ABS business data where available. It doesn’t model rent, site specifics or local trading conditions, treat it as a starting point for research, then confirm on the ground and with the franchisor. See our methodology.

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For sale & open territories in Randwick - North

263 franchise systems are recruiting new territories that cover Randwick - North:

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Randwick - North on the map

Where Randwick - North sits and the real local businesses around its centre, the operators a new franchise would compete with. Tap a pin for the business name and type.

Loading nearby operators in Randwick - North…

Top 3 recommended franchise categories

1. Bakery & Dessert

66
Strong $200,000–$550,000 · 16 recruiting
Why Bakery & Dessert in Randwick - North?

2. Quick-Service Food

66
Strong $350,000–$900,000 · 35 recruiting
Why Quick-Service Food in Randwick - North?

3. Retail

66
Strong $180,000–$600,000 · 17 recruiting
Why Retail in Randwick - North?

What it costs to start in Randwick - North

Franchise fees don’t change by suburb, but the categories that fit Randwick - North best sit in these all-in investment ranges (Q2 2026 Fee Index, national medians).

CategoryTotal investmentInitial feeRoyaltyRandwick - North fit
Bakery & Dessert$200K–$550K$45,0006.5%66
Quick-Service Food$350K–$900K$50,0007.0%66
Retail$180K–$600K$45,0005.5%66
Beauty & Health$150K–$480K$42,0006.0%64
Coffee & Café$118K–$450K$45,0006.5%64
Massage & Wellness$120K–$400K$38,0006.0%64

Fees: Q2 2026 Fee Index. The fit score blendsRandwick - North’s demand, competition, demographics and growth, see methodology.

Randwick - North snapshot

Randwick - North vs New South Wales average
MetricRandwick - NorthState avgDifference
Population16,28920,009-19%
Median household income$125,000$100,267+25%
5-year population growth-8.7%13.0%-21.7 pts

Community & demographics

Who lives in Randwick - North, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.

Randwick - North community profile (ABS Census 2021)
MeasureRandwick - NorthWhat it signals for franchising
Median age37 yearsBroad working-age and family customer base
Average household size2.2 peopleSmaller households, favours convenience and single-serve formats
Median household income$2,403/wkOverall spending power of the local market
Median family income$3,264/wkDiscretionary spend of family households
Median personal income$1,402/wkIndividual earnings, a labour-cost and spend signal
Median rent$570/wkCost of living and a proxy for commercial rents
Median mortgage$3,000/moHomeowner cost base in the area
People per bedroom1Denser housing, larger or shared households

Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Randwick - North (118021569). Incomes are median weekly (household income is also shown annualised in the headline stats).

Housing, tenure & households

How Randwick - North lives, works and is housed, and what each signal means for siting a franchise here. All figures are real ABS Census 2021 counts for this area.

Randwick - North housing & workforce (ABS Census 2021)
MeasureRandwick - NorthWhat it signals for franchising
Renting49.4%High rental share, a mobile, convenience-led customer base
Owned with a mortgage24.7%Working homeowners, family services and home categories
Owned outright23.7%Fewer outright owners, younger area
Separate houses11.5%Mixed density, more walk-in potential
Flats & apartments70.8%Higher density, strong for cafés, gyms and quick-service food
Family households60.5%Broad household mix
Lone-person households31.2%Many singles, convenience, fitness and single-serve formats
Unemployment rate3.2%Tight labour market, strong incomes but harder hiring

Source: ABS Census 2021, Randwick - North, tenure (G37), dwelling structure (G36), household composition (G35) and labour force (G46).

Survival & viability analysis

Bakery & Dessert viability: High

The bakery & dessert opportunity in Randwick - North scores 66 out of 100. With a population of 16,289, the catchment is smaller, so demand may support only one well-sited bakery & dessert outlet. At about 1 existing bakery & dessert operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($125,000) runs above the state average ($100,267), supporting discretionary spend.

Nearby competition by category

Trade-area model, estimated operators and market status
CategoryEst. operatorsCompetitionStatus
Bakery & Dessert1LowGap
Retail1LowGap
Beauty & Health1LowGap
Massage & Wellness1LowGap
Mortgage & Finance1LowGap
Lawn & Garden1LowGap

Operator counts are a trade-area model derived from ABS population, not a live business census. Richer POI data (OpenStreetMap / Google Places) is ingested per methodology.

How Randwick - North compares to nearby areas

LocationPopulationMedian income5-yr growthTop categoryScore
Randwick - North16,289$125,000-8.7%Bakery & Dessert66
Banora Point16,262$68,4001.7%Bakery & Dessert57
Kogarah Bay - Carlton - Allawah16,246$101,600-3.3%Bakery & Dessert62
Cambridge Park16,118$93,9000.6%Retail63
Edgeworth - Cameron Park16,469$105,70013.4%Quick-Service Food75
Sylvania - Taren Point16,469$104,900-1.7%Bakery & Dessert64
North Nowra - Bomaderry16,097$70,900-0.5%Bakery & Dessert55

Keep exploring Randwick - North & New South Wales

Frequently asked questions

What franchise is best for Randwick - North?

Based on population, income, growth and competition data, Bakery & Dessert scores highest for Randwick - North at 66/100, competition sits below typical metro density. The next best are Quick-Service Food and Retail.

How much does a franchise cost in Randwick - North?

Fees don't vary by suburb, Bakery & Dessert franchises run $200,000–$550,000 all-in nationally (Q2 2026 Fee Index, n=54). See the Fee Index for the full breakdown.

Is Randwick - North good for a coffee franchise?

It's promising: a coffee & café franchise scores 64/100 in Randwick - North, with about 2 existing operators in the trade area (Strong suitability).

Demographics: ABS Census 2021 & Regional Population. Category scores combine ABS demographics with a trade-area competition model and live franchise availability, see methodology. Fees: Q2 2026 Fee Index.