Franchise opportunities in South Yarra - South, VIC
Geography: this report covers the South Yarra - South area (ABS SA2). Demographics from the ABS Census 2021.
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 South Yarra - South
258 franchise systems are recruiting new territories that cover South Yarra - South:
South Yarra - South on the map
Where South Yarra - South 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 franchise categories by opportunity score
What it costs to start in South Yarra - South
Franchise fees don’t change by suburb, but the categories that fit South Yarra - South best sit in these all-in investment ranges (Q3 2026 Fee Index, national medians).
| Category | Total investment | Initial fee | Royalty | South Yarra - South fit |
|---|---|---|---|---|
| Quick-Service Food | $337,000–$675,000 | $45,000 | 6.0% | 52 |
| Coffee & Café | $300,000–$700,000 | $35,000 | 6.0% | 46 |
| Hair & Barber | $243,000–$482,000 | Not enough data | Not enough data | 45 |
| Food & Beverage | $650,000–$1,475,000 | Not enough data | Not enough data | 40 |
| Bakery & Dessert | $350,000–$625,000 | $50,000 | Not enough data | 36 |
| Retail | $200,000–$511,000 | Not enough data | Not enough data | 34 |
Fees: Q3 2026 Fee Index (“Not enough data” means fewer than five systems publish that figure). The fit score blends South Yarra - South’s demand, competition, demographics and growth, see methodology.
South Yarra - South snapshot
| Metric | South Yarra - South | Typical VIC area | Difference |
|---|---|---|---|
| Population | 10,097 | 14,123 | -29% |
| Median household income | $104,100 | $96,800 | +8% |
| 5-year population growth | -9.9% | 1.2% | -11.1 pts |
Community & demographics
Who lives in South Yarra - South, 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 - South | What it signals for franchising |
|---|---|---|
| Median age | 35 years | Younger market, skews to fitness, quick-service food and services |
| Average household size | 1.8 people | Smaller households, favours convenience and single-serve formats |
| Median household income | $2,001/wk | Overall spending power of the local market |
| Median family income | $3,086/wk | Discretionary spend of family households |
| Median personal income | $1,329/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $395/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $2,200/mo | Homeowner cost base in the area |
| People per bedroom | 0.9 | More space per resident, established housing |
Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 South Yarra - South (206061516). Incomes are median weekly (household income is also shown annualised in the headline stats).
Housing, tenure & households
How South Yarra - South 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.
| Measure | South Yarra - South | What it signals for franchising |
|---|---|---|
| Renting | 59.4% | High rental share, a mobile, convenience-led customer base |
| Owned with a mortgage | 19.5% | Working homeowners, family services and home categories |
| Owned outright | 18.5% | Fewer outright owners, younger area |
| Separate houses | 12.5% | Mixed density, more walk-in potential |
| Flats & apartments | 63% | Higher density, strong for cafés, gyms and quick-service food |
| Family households | 44.2% | Broad household mix |
| Lone-person households | 46.9% | Many singles, convenience, fitness and single-serve formats |
| Unemployment rate | 4.3% | Around the national average |
Source: ABS Census 2021, South Yarra - South, tenure (G37), dwelling structure (G36), household composition (G35) and labour force (G46).
Survival & viability analysis
Quick-Service Food viability: High
The quick-service food opportunity in South Yarra - South scores 52 out of 100. With a population of 10,097, the catchment is smaller, so demand may support only one well-sited quick-service food outlet. At about 1 existing quick-service food operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($104,100) runs above the typical comparable area in the state ($96,800), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Quick-Service Food | 1 | Low | Gap |
| Coffee & Café | 1 | Low | Gap |
| Hair & Barber | 1 | Low | Gap |
| Food & Beverage | 1 | Low | Gap |
| Bakery & Dessert | 1 | Medium | Competitive |
| Retail | 1 | High | Saturated |
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 South Yarra - South compares to nearby areas
| Location | Population | Median income | 5-yr growth | Top category | Score |
|---|---|---|---|---|---|
| South Yarra - South | 10,097 | $104,100 | -9.9% | Quick-Service Food | 52 |
| Clayton (North) - Notting Hill | 10,099 | $66,500 | -8.9% | Quick-Service Food | 42 |
| Belgrave - Selby | 10,091 | $117,200 | -3.5% | Quick-Service Food | 57 |
| Strathmore | 10,107 | $126,900 | 1.4% | Quick-Service Food | 63 |
| Melbourne CBD - East | 10,119 | $78,600 | -13.0% | Quick-Service Food | 45 |
| Cairnlea | 10,142 | $107,200 | -0.6% | Quick-Service Food | 57 |
| Koo Wee Rup | 10,160 | $94,800 | 31.6% | Quick-Service Food | 64 |
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Frequently asked questions
What franchise is best for South Yarra - South?
Based on population, income, growth and competition data, Quick-Service Food scores highest for South Yarra - South at 52/100, competition sits below typical metro density. The next best are Coffee & Café and Hair & Barber.
How much does a franchise cost in South Yarra - South?
Fees don't vary by suburb. Across the Quick-Service Food systems that publish their costs, the Q3 2026 Fee Index shows a median all-in cost of $337,000–$675,000 (173 systems), a $45,000 median initial fee (9 systems), a 6.0% median royalty (9 systems) and a 4.3% median marketing levy (9 systems) nationally. See the Fee Index for every category.
Is South Yarra - South good for a coffee franchise?
It's promising: a coffee & café franchise scores 46/100 in South Yarra - South, with about 1 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: Q3 2026 Fee Index.
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