Franchise opportunities in Aspendale Gardens - Waterways, VIC
Geography: this report covers the Aspendale Gardens - Waterways area (ABS SA2). Demographics from the ABS Census 2021.
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 Aspendale Gardens - Waterways
258 franchise systems are recruiting new territories that cover Aspendale Gardens - Waterways:
Aspendale Gardens - Waterways on the map
Where Aspendale Gardens - Waterways 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.
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Top 3 franchise categories by opportunity score
What it costs to start in Aspendale Gardens - Waterways
Franchise fees don’t change by suburb, but the categories that fit Aspendale Gardens - Waterways best sit in these all-in investment ranges (Q3 2026 Fee Index, national medians).
| Category | Total investment | Initial fee | Royalty | Aspendale Gardens - Waterways fit |
|---|---|---|---|---|
| Quick-Service Food | $337,000–$675,000 | $45,000 | 6.0% | 52 |
| Coffee & Café | $300,000–$700,000 | $35,000 | 6.0% | 48 |
| Hair & Barber | $243,000–$482,000 | Not enough data | Not enough data | 43 |
| Food & Beverage | $650,000–$1,475,000 | Not enough data | Not enough data | 38 |
| Bakery & Dessert | $350,000–$625,000 | $50,000 | Not enough data | 35 |
| Retail | $200,000–$511,000 | Not enough data | Not enough data | 33 |
Fees: Q3 2026 Fee Index (“Not enough data” means fewer than five systems publish that figure). The fit score blends Aspendale Gardens - Waterways’s demand, competition, demographics and growth, see methodology.
Aspendale Gardens - Waterways snapshot
| Metric | Aspendale Gardens - Waterways | Typical VIC area | Difference |
|---|---|---|---|
| Population | 8,922 | 14,123 | -37% |
| Median household income | $122,100 | $96,800 | +26% |
| 5-year population growth | -5.4% | 1.2% | -6.6 pts |
Community & demographics
Who lives in Aspendale Gardens - Waterways, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.
| Measure | Aspendale Gardens - Waterways | What it signals for franchising |
|---|---|---|
| Median age | 42 years | Broad working-age and family customer base |
| Average household size | 3 people | Family-heavy, favours food, education and household services |
| Median household income | $2,348/wk | Overall spending power of the local market |
| Median family income | $2,549/wk | Discretionary spend of family households |
| Median personal income | $846/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $510/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $2,115/mo | Homeowner cost base in the area |
| People per bedroom | 0.8 | More space per resident, established housing |
Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Aspendale Gardens - Waterways (208031183). Incomes are median weekly (household income is also shown annualised in the headline stats).
Housing, tenure & households
How Aspendale Gardens - Waterways 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.
| Measure | Aspendale Gardens - Waterways | What it signals for franchising |
|---|---|---|
| Renting | 10.7% | Owner-heavy, settled households with steadier local spend |
| Owned with a mortgage | 48% | Working homeowners, family services and home categories |
| Owned outright | 37% | Older, established, lower-debt households |
| Separate houses | 85.3% | Suburban, car-based, drive-to trade area |
| Flats & apartments | 10% | Low density, destination retail and services |
| Family households | 85.5% | Family-led demand, education, food and household services |
| Lone-person households | 13.9% | Fewer single-person homes |
| Unemployment rate | 4.2% | Around the national average |
Source: ABS Census 2021, Aspendale Gardens - Waterways, tenure (G37), dwelling structure (G36), household composition (G35) and labour force (G46).
Survival & viability analysis
Quick-Service Food viability: High
The quick-service food opportunity in Aspendale Gardens - Waterways scores 52 out of 100. With a population of 8,922, the catchment is smaller, so demand may support only one well-sited quick-service food outlet. At about 1 existing quick-service food operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($122,100) runs above the typical comparable area in the state ($96,800), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Coffee & Café | 1 | Low | Gap |
| Quick-Service Food | 1 | Low | Gap |
| Hair & Barber | 1 | Low | Gap |
| Food & Beverage | 1 | Low | Gap |
| Bakery & Dessert | 1 | High | Saturated |
| Retail | 1 | High | Saturated |
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 Aspendale Gardens - Waterways compares to nearby areas
| Location | Population | Median income | 5-yr growth | Top category | Score |
|---|---|---|---|---|---|
| Aspendale Gardens - Waterways | 8,922 | $122,100 | -5.4% | Quick-Service Food | 52 |
| Glenelg (Vic.) | 8,872 | $64,200 | 1.1% | Quick-Service Food | 40 |
| Glenroy - West | 8,976 | $97,200 | 6.9% | Quick-Service Food | 55 |
| Bright - Mount Beauty | 8,857 | $72,600 | 6.7% | Quick-Service Food | 47 |
| Norlane | 9,040 | $48,200 | 1.2% | Quick-Service Food | 39 |
| Kialla | 9,067 | $104,100 | 22.4% | Quick-Service Food | 61 |
| Alphington - Fairfield | 9,069 | $109,800 | -3.9% | Quick-Service Food | 50 |
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Frequently asked questions
What franchise is best for Aspendale Gardens - Waterways?
Based on population, income, growth and competition data, Quick-Service Food scores highest for Aspendale Gardens - Waterways at 52/100, competition sits below typical metro density. The next best are Coffee & Café and Hair & Barber.
How much does a franchise cost in Aspendale Gardens - Waterways?
Fees don't vary by suburb. Across the Quick-Service Food systems that publish their costs, the Q3 2026 Fee Index shows a median all-in cost of $337,000–$675,000 (173 systems), a $45,000 median initial fee (9 systems), a 6.0% median royalty (9 systems) and a 4.3% median marketing levy (9 systems) nationally. See the Fee Index for every category.
Is Aspendale Gardens - Waterways good for a coffee franchise?
It's promising: a coffee & café franchise scores 48/100 in Aspendale Gardens - Waterways, with about 1 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: Q3 2026 Fee Index.
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