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Franchise opportunities in Balwyn North, VIC

Balwyn North’s 21,406 residents give it a franchise opportunity score of 75/100. The strongest fit is Health & Medical (75/100), followed by Automotive and Real Estate.

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

21,406Population (ABS 2021)
+-0.2%5-year growth
$122,200Median household income
258Franchises recruiting nearby
Opportunity score75/100
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 Balwyn North

258 franchise systems are recruiting new territories that cover Balwyn North:

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Balwyn North on the map

Where Balwyn 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.

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Top 3 recommended franchise categories

1. Health & Medical

75
Strong $180,000$650,000 · 13 recruiting
Why Health & Medical in Balwyn North?

2. Automotive

73
Strong $120,000$500,000 · 11 recruiting
Why Automotive in Balwyn North?

3. Real Estate

73
Strong $80,000$300,000 · 16 recruiting
Why Real Estate in Balwyn North?

What it costs to start in Balwyn North

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

CategoryTotal investmentInitial feeRoyaltyBalwyn North fit
Health & Medical$180K$650K$48,0006.0%75
Automotive$120K$500K$45,0007.5%73
Real Estate$80K$300K$35,0008.0%73
Quick-Service Food$350K$900K$50,0007.0%71
Food & Beverage$250K$750K$50,0007.0%70
Coffee & Café$118K$450K$45,0006.5%68

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

Balwyn North snapshot

Balwyn North vs Victoria average
MetricBalwyn NorthState avgDifference
Population21,40618,304+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.

Balwyn North community profile (ABS Census 2021)
MeasureBalwyn NorthWhat it signals for franchising
Median age42 yearsBroad working-age and family customer base
Average household size2.9 peopleFamily-heavy, favours food, education and household services
Median household income$2,350/wkOverall spending power of the local market
Median family income$2,726/wkDiscretionary spend of family households
Median personal income$852/wkIndividual earnings, a labour-cost and spend signal
Median rent$554/wkCost of living and a proxy for commercial rents
Median mortgage$3,102/moHomeowner cost base in the area
People per bedroom0.8More space per resident, established housing

Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Balwyn North (207011148). Incomes are median weekly (household income is also shown annualised in the headline stats).

Housing, tenure & households

How Balwyn 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.

Balwyn North housing & workforce (ABS Census 2021)
MeasureBalwyn NorthWhat it signals for franchising
Renting19.4%Owner-heavy, settled households with steadier local spend
Owned with a mortgage32.2%Working homeowners, family services and home categories
Owned outright45.9%Older, established, lower-debt households
Separate houses83.2%Suburban, car-based, drive-to trade area
Flats & apartments3.2%Low density, destination retail and services
Family households81.4%Family-led demand, education, food and household services
Lone-person households16.8%Fewer single-person homes
Unemployment rate5.1%Around the national average

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

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

Trade-area model, estimated operators and market status
CategoryEst. operatorsCompetitionStatus
Health & Medical1LowGap
Automotive1LowGap
Real Estate1LowGap
Food & Beverage2LowGap
Education & Tutoring1LowGap
Coffee & Café3LowGap

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 Balwyn North compares to nearby areas

LocationPopulationMedian income5-yr growthTop categoryScore
Balwyn North21,406$122,200-0.2%Health & Medical75
Mordialloc - Parkdale21,429$108,7002.2%Health & Medical74
Ringwood East21,351$101,1001.5%Health & Medical71
Glen Waverley - West21,324$98,3005.8%Health & Medical74
Camberwell21,500$128,500-5.1%Health & Medical73
Melton West21,505$84,30018.4%Health & Medical74
Geelong West - Hamlyn Heights21,255$89,4006.2%Health & Medical72

Keep exploring Balwyn North & Victoria

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 68/100 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.