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Franchise opportunities in Grovedale - Mount Duneed, VIC

Grovedale - Mount Duneed’s 24,827 residents give it a franchise opportunity score of 81/100. The strongest fit is Real Estate (81/100), followed by Quick-Service Food and Education & Tutoring.
24,827Population (ABS 2021)
+23.4%5-year growth
$92,500Median household income
258Franchises recruiting nearby
Opportunity score81/100

Top 3 recommended franchise categories

1. Real Estate

81
Strong $80,000$300,000 · 16 recruiting
Why Real Estate in Grovedale - Mount Duneed? →

2. Quick-Service Food

80
Strong $350,000$900,000 · 31 recruiting
Why Quick-Service Food in Grovedale - Mount Duneed? →

3. Education & Tutoring

76
Strong $60,000$180,000 · 2 recruiting
Why Education & Tutoring in Grovedale - Mount Duneed? →

Grovedale - Mount Duneed snapshot

Grovedale - Mount Duneed vs Victoria average
MetricGrovedale - Mount DuneedState avgDifference
Population24,82718,304+36%
Median household income$92,500$94,695-2%
5-year population growth23.4%30.4%-7.0 pts

Community & demographics

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

Grovedale - Mount Duneed community profile (ABS Census 2021)
MeasureGrovedale - Mount DuneedWhat it signals for franchising
Median age36 yearsBroad working-age and family customer base
Average household size2.6 peopleSmaller households, favours convenience and single-serve formats
Median household income$1,779/wkOverall spending power of the local market
Median family income$2,128/wkDiscretionary spend of family households
Median personal income$784/wkIndividual earnings, a labour-cost and spend signal
Median rent$390/wkCost of living and a proxy for commercial rents
Median mortgage$1,733/moHomeowner cost base in the area

Source: ABS Census 2021 G02 + ERP 2016→2021 · SA2 Grovedale - Mount Duneed (203021487). Incomes are median weekly (household income is also shown annualised in the headline stats).

Survival & viability analysis

Real Estate viability: High

The real estate opportunity in Grovedale - Mount Duneed scores 81 out of 100. With a population of 24,827, there is a solid customer base, enough to sustain about 1 real estate outlet. At about 1 existing real estate operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($92,500) sits below the state average ($94,695), which can favour value-led formats.

Nearby competition by category

Trade-area model, estimated operators and market status
CategoryEst. operatorsCompetitionStatus
Real Estate1LowGap
Education & Tutoring1LowGap
Pet Services1LowGap
Childcare & Early Learning1LowGap
Quick-Service Food3LowGap
Bakery & Dessert2LowGap

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 Grovedale - Mount Duneed

How Grovedale - Mount Duneed compares to nearby areas

LocationPopulationScoreTop category
Grovedale - Mount Duneed24,82781Real Estate
Newcastle322,27878Bakery & Dessert
Parramatta256,72980Pet Services
Geelong268,27775Pet Services
Gold Coast699,22684Quick-Service Food

Frequently asked questions

What franchise is best for Grovedale - Mount Duneed?

Based on population, income, growth and competition data, Real Estate scores highest for Grovedale - Mount Duneed at 81/100, competition sits below typical metro density. The next best are Quick-Service Food and Education & Tutoring.

How much does a franchise cost in Grovedale - Mount Duneed?

Fees don't vary by suburb, Real Estate franchises run $80,000–$300,000 all-in nationally (Q2 2026 Fee Index, n=39). See the Fee Index for the full breakdown.

Is Grovedale - Mount Duneed good for a coffee franchise?

It's promising: a coffee & café franchise scores 70/100 in Grovedale - Mount Duneed, with about 4 existing operators in the trade area (Moderate 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.