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Franchise opportunities in Nunawading, VIC

Nunawading’s 12,518 residents give it a franchise opportunity score of 56/100. The strongest fit is Food & Beverage (56/100), followed by Bakery & Dessert and Quick-Service Food.

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

12,518Population (ABS 2021)
+1.3%5-year growth
$100,800Median household income
258Franchises recruiting nearby
Opportunity score56/100
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 Nunawading

258 franchise systems are recruiting new territories that cover Nunawading:

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Nunawading on the map

Where Nunawading 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 Nunawading…

Top 3 recommended franchise categories

1. Food & Beverage

56
Strong $250,000$750,000 · 9 recruiting
Why Food & Beverage in Nunawading?

2. Bakery & Dessert

53
Strong $200,000$550,000 · 16 recruiting
Why Bakery & Dessert in Nunawading?

3. Quick-Service Food

50
Moderate $350,000$900,000 · 34 recruiting
Why Quick-Service Food in Nunawading?

What it costs to start in Nunawading

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

CategoryTotal investmentInitial feeRoyaltyNunawading fit
Food & Beverage$250K$750K$50,0007.0%56
Bakery & Dessert$200K$550K$45,0006.5%53
Quick-Service Food$350K$900K$50,0007.0%50
Retail$180K$600K$45,0005.5%50
Beauty & Health$150K$480K$42,0006.0%48
Massage & Wellness$120K$400K$38,0006.0%48

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

Nunawading snapshot

Nunawading vs Victoria average
MetricNunawadingState avgDifference
Population12,51818,304-32%
Median household income$100,800$94,695+6%
5-year population growth1.3%30.4%-29.1 pts

Community & demographics

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

Nunawading community profile (ABS Census 2021)
MeasureNunawadingWhat it signals for franchising
Median age39 yearsBroad working-age and family customer base
Average household size2.6 peopleSmaller households, favours convenience and single-serve formats
Median household income$1,938/wkOverall spending power of the local market
Median family income$2,393/wkDiscretionary spend of family households
Median personal income$839/wkIndividual earnings, a labour-cost and spend signal
Median rent$391/wkCost of living and a proxy for commercial rents
Median mortgage$2,167/moHomeowner cost base in the area
People per bedroom0.9More space per resident, established housing

Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Nunawading (211041271). Incomes are median weekly (household income is also shown annualised in the headline stats).

Housing, tenure & households

How Nunawading 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.

Nunawading housing & workforce (ABS Census 2021)
MeasureNunawadingWhat it signals for franchising
Renting28.7%Owner-heavy, settled households with steadier local spend
Owned with a mortgage34.7%Working homeowners, family services and home categories
Owned outright31.9%Older, established, lower-debt households
Separate houses68.7%Mixed density, more walk-in potential
Flats & apartments3.2%Low density, destination retail and services
Family households69.6%Broad household mix
Lone-person households26.3%Fewer single-person homes
Unemployment rate4.5%Around the national average

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

Survival & viability analysis

Food & Beverage viability: High

The food & beverage opportunity in Nunawading scores 56 out of 100. With a population of 12,518, the catchment is smaller, so demand may support only one well-sited food & beverage outlet. At about 1 existing food & beverage operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($100,800) runs above the state average ($94,695), supporting discretionary spend.

Nearby competition by category

Trade-area model, estimated operators and market status
CategoryEst. operatorsCompetitionStatus
Food & Beverage1LowGap
Bakery & Dessert1LowGap
Retail1LowGap
Beauty & Health1LowGap
Massage & Wellness1LowGap
Mortgage & Finance1LowGap

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 Nunawading compares to nearby areas

LocationPopulationMedian income5-yr growthTop categoryScore
Nunawading12,518$100,8001.3%Food & Beverage56
Burwood (Vic.)12,522$81,300-2.9%Food & Beverage47
South Morang - South12,513$98,700-0.4%Food & Beverage53
Numurkah12,502$64,6000.6%Food & Beverage45
Highett (West) - Cheltenham12,543$119,1009.4%Food & Beverage67
Ivanhoe12,559$118,6004.7%Food & Beverage64
Avondale Heights12,473$82,5002.2%Food & Beverage52

Keep exploring Nunawading & Victoria

Frequently asked questions

What franchise is best for Nunawading?

Based on population, income, growth and competition data, Food & Beverage scores highest for Nunawading at 56/100, competition sits below typical metro density. The next best are Bakery & Dessert and Quick-Service Food.

How much does a franchise cost in Nunawading?

Fees don't vary by suburb, Food & Beverage franchises run $250,000–$750,000 all-in nationally (Q2 2026 Fee Index, n=210). See the Fee Index for the full breakdown.

Is Nunawading good for a coffee franchise?

It's promising: a coffee & café franchise scores 47/100 in Nunawading, with about 2 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.