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Franchise opportunities in Templestowe, VIC

Templestowe’s 17,101 residents give it a franchise opportunity score of 68/100. The strongest fit is Quick-Service Food (68/100), followed by Retail and Beauty & Health.

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

17,101Population (ABS 2021)
+-3.3%5-year growth
$112,500Median household income
258Franchises recruiting nearby
Opportunity score68/100
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 Templestowe

258 franchise systems are recruiting new territories that cover Templestowe:

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Templestowe on the map

Where Templestowe 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…

Top 3 recommended franchise categories

1. Quick-Service Food

68
Strong $350,000$900,000 · 34 recruiting
Why Quick-Service Food in Templestowe?

2. Retail

67
Strong $180,000$600,000 · 17 recruiting
Why Retail in Templestowe?

3. Beauty & Health

65
Strong $150,000$480,000 · 11 recruiting
Why Beauty & Health in Templestowe?

What it costs to start in Templestowe

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

CategoryTotal investmentInitial feeRoyaltyTemplestowe fit
Quick-Service Food$350K$900K$50,0007.0%68
Retail$180K$600K$45,0005.5%67
Beauty & Health$150K$480K$42,0006.0%65
Coffee & Café$118K$450K$45,0006.5%65
Home & Trade Services$45K$180K$35,0008.0%64
Lawn & Garden$40K$130K$28,0008.0%64

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

Templestowe snapshot

Templestowe vs Victoria average
MetricTemplestoweState avgDifference
Population17,10118,304-7%
Median household income$112,500$94,695+19%
5-year population growth-3.3%30.4%-33.7 pts

Community & demographics

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

Templestowe community profile (ABS Census 2021)
MeasureTemplestoweWhat it signals for franchising
Median age46 yearsOlder market, skews to health, home and aged-support services
Average household size2.8 peopleFamily-heavy, favours food, education and household services
Median household income$2,163/wkOverall spending power of the local market
Median family income$2,419/wkDiscretionary spend of family households
Median personal income$781/wkIndividual earnings, a labour-cost and spend signal
Median rent$513/wkCost of living and a proxy for commercial rents
Median mortgage$2,700/moHomeowner cost base in the area
People per bedroom0.8More space per resident, established housing

Source: ABS Census 2021 (G02/G35/G36/G37/G46) + ERP 2016→2021 · SA2 Templestowe (207021159). Incomes are median weekly (household income is also shown annualised in the headline stats).

Housing, tenure & households

How Templestowe 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.

Templestowe housing & workforce (ABS Census 2021)
MeasureTemplestoweWhat it signals for franchising
Renting14%Owner-heavy, settled households with steadier local spend
Owned with a mortgage35.3%Working homeowners, family services and home categories
Owned outright47%Older, established, lower-debt households
Separate houses77.6%Suburban, car-based, drive-to trade area
Flats & apartments3.7%Low density, destination retail and services
Family households81.9%Family-led demand, education, food and household services
Lone-person households16.9%Fewer single-person homes
Unemployment rate4.7%Around the national average

Source: ABS Census 2021, Templestowe, 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 Templestowe scores 68 out of 100. With a population of 17,101, the catchment is smaller, so demand may support only one well-sited quick-service food outlet. At about 2 existing quick-service food operators, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($112,500) runs above the state average ($94,695), supporting discretionary spend.

Nearby competition by category

Trade-area model, estimated operators and market status
CategoryEst. operatorsCompetitionStatus
Retail1LowGap
Beauty & Health1LowGap
Lawn & Garden1LowGap
Massage & Wellness1LowGap
Mortgage & Finance1LowGap
B2B Services1LowGap

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 compares to nearby areas

LocationPopulationMedian income5-yr growthTop categoryScore
Templestowe17,101$112,500-3.3%Quick-Service Food68
Taylors Lakes17,070$112,700-7.5%Quick-Service Food66
Carlton17,064$67,000-15.7%Quick-Service Food53
Glen Iris - East17,006$151,500-1.0%Quick-Service Food73
Werribee - South16,994$93,70044.3%Quick-Service Food75
Horsham16,951$70,0003.0%Quick-Service Food61
Yarra Valley16,947$74,8002.0%Quick-Service Food61

Keep exploring Templestowe & Victoria

Frequently asked questions

What franchise is best for Templestowe?

Based on population, income, growth and competition data, Quick-Service Food scores highest for Templestowe at 68/100, competition sits below typical metro density. The next best are Retail and Beauty & Health.

How much does a franchise cost in Templestowe?

Fees don't vary by suburb, Quick-Service Food franchises run $350,000–$900,000 all-in nationally (Q2 2026 Fee Index, n=96). See the Fee Index for the full breakdown.

Is Templestowe good for a coffee franchise?

It's promising: a coffee & café franchise scores 65/100 in Templestowe, 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.