Franchise opportunities in Balwyn North, VIC
Top 3 recommended franchise categories
1. Health & Medical
75Balwyn North snapshot
| Metric | Balwyn North | State avg | Difference |
|---|---|---|---|
| Population | 21,406 | 18,304 | +17% |
| Median household income | $122,200 | $94,695 | +29% |
| 5-year population growth | -0.2% | 30.4% | -30.6 pts |
Community & demographics
Who lives in Balwyn North, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.
| Measure | Balwyn North | What it signals for franchising |
|---|---|---|
| Median age | 42 years | Broad working-age and family customer base |
| Average household size | 2.9 people | Family-heavy, favours food, education and household services |
| Median household income | $2,350/wk | Overall spending power of the local market |
| Median family income | $2,726/wk | Discretionary spend of family households |
| Median personal income | $852/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $554/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $3,102/mo | Homeowner cost base in the area |
Source: ABS Census 2021 G02 + ERP 2016→2021 · SA2 Balwyn North (207011148). Incomes are median weekly (household income is also shown annualised in the headline stats).
Survival & viability analysis
Health & Medical viability: High
The health & medical opportunity in Balwyn North scores 75 out of 100. With a population of 21,406, there is a solid customer base, enough to sustain about 1 health & medical outlet. At about 1 existing health & medical operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($122,200) runs above the state average ($94,695), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Health & Medical | 1 | Low | Gap |
| Automotive | 1 | Low | Gap |
| Real Estate | 1 | Low | Gap |
| Food & Beverage | 2 | Low | Gap |
| Education & Tutoring | 1 | Low | Gap |
| Coffee & Café | 3 | Low | Gap |
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.
Available franchise opportunities in Balwyn North
Amcal Pharmacy
Australian Skin Clinics
ABS Auto
Bob Jane T-Marts
Barry Plant
Belle Property
How Balwyn North compares to nearby areas
| Location | Population | Score | Top category |
|---|---|---|---|
| Balwyn North | 21,406 | 75 | Health & Medical |
| Newcastle | 322,278 | 77 | Bakery & Dessert |
| Parramatta | 256,729 | 80 | Pet Services |
| Geelong | 268,277 | 75 | Pet Services |
| Gold Coast | 699,226 | 84 | Quick-Service Food |
Frequently asked questions
What franchise is best for Balwyn North?
Based on population, income, growth and competition data, Health & Medical scores highest for Balwyn North at 75/100, competition sits below typical metro density. The next best are Automotive and Real Estate.
How much does a franchise cost in Balwyn North?
Fees don't vary by suburb, Health & Medical franchises run $180,000–$650,000 all-in nationally (Q2 2026 Fee Index, n=47). See the Fee Index for the full breakdown.
Is Balwyn North good for a coffee franchise?
It's promising: a coffee & café franchise scores 69/100 in Balwyn North, with about 3 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.