Franchise opportunities in Templestowe Lower, VIC
Geography: this report covers the Templestowe Lower 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 Templestowe Lower
258 franchise systems are recruiting new territories that cover Templestowe Lower:
Bakers Delight
Banjo's Bakehouse
7-Eleven Australia
Andersens
Bucking Bull
Burger Urge
Templestowe Lower on the map
Where Templestowe Lower 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 Templestowe Lower…
Top 3 recommended franchise categories
1. Bakery & Dessert
593. Quick-Service Food
55What it costs to start in Templestowe Lower
Franchise fees don’t change by suburb, but the categories that fit Templestowe Lower best sit in these all-in investment ranges (Q2 2026 Fee Index, national medians).
| Category | Total investment | Initial fee | Royalty | Templestowe Lower fit |
|---|---|---|---|---|
| Bakery & Dessert | $200K–$550K | $45,000 | 6.5% | 59 |
| Retail | $180K–$600K | $45,000 | 5.5% | 56 |
| Quick-Service Food | $350K–$900K | $50,000 | 7.0% | 55 |
| Beauty & Health | $150K–$480K | $42,000 | 6.0% | 54 |
| Massage & Wellness | $120K–$400K | $38,000 | 6.0% | 54 |
| Mortgage & Finance | $45K–$140K | $30,000 | 8.0% | 54 |
Fees: Q2 2026 Fee Index. The fit score blendsTemplestowe Lower’s demand, competition, demographics and growth, see methodology.
Templestowe Lower snapshot
| Metric | Templestowe Lower | State avg | Difference |
|---|---|---|---|
| Population | 14,280 | 18,304 | -22% |
| Median household income | $99,800 | $94,695 | +5% |
| 5-year population growth | -0.2% | 30.4% | -30.6 pts |
Community & demographics
Who lives in Templestowe Lower, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.
| Measure | Templestowe Lower | What it signals for franchising |
|---|---|---|
| Median age | 45 years | Broad working-age and family customer base |
| Average household size | 2.7 people | Family-heavy, favours food, education and household services |
| Median household income | $1,919/wk | Overall spending power of the local market |
| Median family income | $2,231/wk | Discretionary spend of family households |
| Median personal income | $753/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $475/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $2,500/mo | Homeowner cost base in the area |
| People per bedroom | 0.8 | More space per resident, established housing |
Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Templestowe Lower (207021160). Incomes are median weekly (household income is also shown annualised in the headline stats).
Housing, tenure & households
How Templestowe Lower 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 | Templestowe Lower | What it signals for franchising |
|---|---|---|
| Renting | 17.5% | Owner-heavy, settled households with steadier local spend |
| Owned with a mortgage | 32.6% | Working homeowners, family services and home categories |
| Owned outright | 47.4% | Older, established, lower-debt households |
| Separate houses | 80.7% | Suburban, car-based, drive-to trade area |
| Flats & apartments | 1% | Low density, destination retail and services |
| Family households | 78.9% | Family-led demand, education, food and household services |
| Lone-person households | 19.3% | Fewer single-person homes |
| Unemployment rate | 5.2% | Around the national average |
Source: ABS Census 2021, Templestowe Lower, tenure (G37), dwelling structure (G36), household composition (G35) and labour force (G46).
Survival & viability analysis
Bakery & Dessert viability: High
The bakery & dessert opportunity in Templestowe Lower scores 59 out of 100. With a population of 14,280, the catchment is smaller, so demand may support only one well-sited bakery & dessert outlet. At about 1 existing bakery & dessert operator, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($99,800) runs above the state average ($94,695), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Bakery & Dessert | 1 | Low | Gap |
| Retail | 1 | Low | Gap |
| Beauty & Health | 1 | Low | Gap |
| Massage & Wellness | 1 | Low | Gap |
| Mortgage & Finance | 1 | Low | Gap |
| B2B Services | 1 | Low | Gap |
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 Templestowe Lower compares to nearby areas
| Location | Population | Median income | 5-yr growth | Top category | Score |
|---|---|---|---|---|---|
| Templestowe Lower | 14,280 | $99,800 | -0.2% | Bakery & Dessert | 59 |
| Ferntree Gully - North | 14,247 | $83,500 | -0.6% | Bakery & Dessert | 54 |
| Croydon - West | 14,246 | $88,100 | 3.2% | Bakery & Dessert | 59 |
| Reservoir - South West | 14,244 | $90,600 | -3.6% | Bakery & Dessert | 54 |
| Point Cook - North East | 14,324 | $113,600 | -5.2% | Bakery & Dessert | 60 |
| Gisborne | 14,340 | $120,200 | 7.7% | Bakery & Dessert | 71 |
| Coburg - West | 14,184 | $113,700 | -2.3% | Bakery & Dessert | 60 |
Keep exploring Templestowe Lower & Victoria
By category in Templestowe Lower
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Frequently asked questions
What franchise is best for Templestowe Lower?
Based on population, income, growth and competition data, Bakery & Dessert scores highest for Templestowe Lower at 59/100, competition sits below typical metro density. The next best are Retail and Quick-Service Food.
How much does a franchise cost in Templestowe Lower?
Fees don't vary by suburb, Bakery & Dessert franchises run $200,000–$550,000 all-in nationally (Q2 2026 Fee Index, n=54). See the Fee Index for the full breakdown.
Is Templestowe Lower good for a coffee franchise?
It's promising: a coffee & café franchise scores 52/100 in Templestowe Lower, with about 2 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.
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