Franchise opportunities in South Yarra - North, VIC
Top 3 recommended franchise categories
1. Hair & Barber
572. Food & Beverage
563. Bakery & Dessert
51South Yarra - North snapshot
| Metric | South Yarra - North | State avg | Difference |
|---|---|---|---|
| Population | 11,449 | 18,304 | -37% |
| Median household income | $106,200 | $94,695 | +12% |
| 5-year population growth | 2.8% | 30.4% | -27.6 pts |
Community & demographics
Who lives in South Yarra - 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 | South Yarra - North | What it signals for franchising |
|---|---|---|
| Median age | 32 years | Younger market, skews to fitness, quick-service food and services |
| Average household size | 1.6 people | Smaller households, favours convenience and single-serve formats |
| Median household income | $2,042/wk | Overall spending power of the local market |
| Median family income | $2,935/wk | Discretionary spend of family households |
| Median personal income | $1,412/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $426/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $2,000/mo | Homeowner cost base in the area |
Source: ABS Census 2021 G02 + ERP 2016→2021 · SA2 South Yarra - North (206061515). Incomes are median weekly (household income is also shown annualised in the headline stats).
Survival & viability analysis
Hair & Barber viability: High
The hair & barber opportunity in South Yarra - North scores 57 out of 100. With a population of 11,449, the catchment is smaller, so demand may support only one well-sited hair & barber outlet. At about 1 existing hair & barber operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($106,200) runs above the state average ($94,695), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Hair & Barber | 1 | Low | Gap |
| Food & Beverage | 1 | Low | Gap |
| Bakery & Dessert | 1 | Low | Gap |
| Retail | 1 | Medium | Competitive |
| Beauty & Health | 1 | Medium | Competitive |
| B2B Services | 1 | Medium | Competitive |
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 South Yarra - North
Advanced Hair Studio
Barber Industries
Acai Brothers
Boost Juice
Bakers Delight
Banjo's Bakehouse
How South Yarra - North compares to nearby areas
| Location | Population | Score | Top category |
|---|---|---|---|
| South Yarra - North | 11,449 | 57 | Hair & Barber |
| Newcastle | 322,278 | 78 | 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 South Yarra - North?
Based on population, income, growth and competition data, Hair & Barber scores highest for South Yarra - North at 57/100, competition sits below typical metro density. The next best are Food & Beverage and Bakery & Dessert.
How much does a franchise cost in South Yarra - North?
Fees don't vary by suburb, Hair & Barber franchises run $140,000–$380,000 all-in nationally (Q2 2026 Fee Index, n=65). See the Fee Index for the full breakdown.
Is South Yarra - North good for a coffee franchise?
It's promising: a coffee & café franchise scores 46/100 in South Yarra - North, 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.