Franchise opportunities in Torquay, VIC
Geography: this report covers the Torquay 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 Torquay
258 franchise systems are recruiting new territories that cover Torquay:
Bucking Bull
Burger Urge
Barry Plant
Belle Property
Hey Dee Ho
Kumon Australia
Torquay on the map
Where Torquay 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 Torquay…
Top 3 recommended franchise categories
What it costs to start in Torquay
Franchise fees don’t change by suburb, but the categories that fit Torquay best sit in these all-in investment ranges (Q2 2026 Fee Index, national medians).
| Category | Total investment | Initial fee | Royalty | Torquay fit |
|---|---|---|---|---|
| Quick-Service Food | $350K–$900K | $50,000 | 7.0% | 87 |
| Real Estate | $80K–$300K | $35,000 | 8.0% | 87 |
| Education & Tutoring | $60K–$180K | $40,000 | 7.5% | 83 |
| Pet Services | $45K–$200K | $30,000 | 7.5% | 82 |
| Bakery & Dessert | $200K–$550K | $45,000 | 6.5% | 81 |
| Fitness & Wellbeing | $200K–$900K | $40,000 | 6.0% | 80 |
Fees: Q2 2026 Fee Index. The fit score blendsTorquay’s demand, competition, demographics and growth, see methodology.
Torquay snapshot
| Metric | Torquay | State avg | Difference |
|---|---|---|---|
| Population | 24,636 | 18,304 | +35% |
| Median household income | $118,600 | $94,695 | +25% |
| 5-year population growth | 28.8% | 30.4% | -1.6 pts |
Community & demographics
Who lives in Torquay, and what it means for a franchise. Every figure below is a real ABS Census 2021 median for this area, not an estimate.
| Measure | Torquay | What it signals for franchising |
|---|---|---|
| Median age | 40 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 | $2,281/wk | Overall spending power of the local market |
| Median family income | $2,627/wk | Discretionary spend of family households |
| Median personal income | $1,001/wk | Individual earnings, a labour-cost and spend signal |
| Median rent | $500/wk | Cost of living and a proxy for commercial rents |
| Median mortgage | $2,167/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 Torquay (203031053). Incomes are median weekly (household income is also shown annualised in the headline stats).
Housing, tenure & households
How Torquay 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 | Torquay | What it signals for franchising |
|---|---|---|
| Renting | 19.9% | Owner-heavy, settled households with steadier local spend |
| Owned with a mortgage | 41.4% | Working homeowners, family services and home categories |
| Owned outright | 35.3% | Older, established, lower-debt households |
| Separate houses | 92.2% | Suburban, car-based, drive-to trade area |
| Flats & apartments | 0.6% | Low density, destination retail and services |
| Family households | 77.3% | Family-led demand, education, food and household services |
| Lone-person households | 19.2% | Fewer single-person homes |
| Unemployment rate | 3.2% | Tight labour market, strong incomes but harder hiring |
Source: ABS Census 2021, Torquay, 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 Torquay scores 87 out of 100. With a population of 24,636, there is a solid customer base, enough to sustain about 3 quick-service food outlets. At about 3 existing quick-service food operators, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($118,600) runs above the state average ($94,695), supporting discretionary spend.
Nearby competition by category
| Category | Est. operators | Competition | Status |
|---|---|---|---|
| Real Estate | 1 | Low | Gap |
| Education & Tutoring | 1 | Low | Gap |
| Pet Services | 1 | Low | Gap |
| Childcare & Early Learning | 1 | Low | Gap |
| Quick-Service Food | 3 | Low | Gap |
| Bakery & Dessert | 2 | 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 Torquay compares to nearby areas
| Location | Population | Median income | 5-yr growth | Top category | Score |
|---|---|---|---|---|---|
| Torquay | 24,636 | $118,600 | 28.8% | Quick-Service Food | 87 |
| Wollert | 24,807 | $102,900 | 161.3% | Quick-Service Food | 84 |
| Grovedale - Mount Duneed | 24,827 | $92,500 | 23.4% | Quick-Service Food | 80 |
| Highett (East) - Cheltenham | 24,354 | $96,400 | 3.9% | Quick-Service Food | 75 |
| Hastings - Somers | 24,245 | $73,200 | 6.1% | Real Estate | 71 |
| Bacchus Marsh | 25,057 | $94,000 | 19.4% | Quick-Service Food | 81 |
| Doncaster | 25,173 | $82,900 | 15.0% | Quick-Service Food | 78 |
Keep exploring Torquay & Victoria
By category in Torquay
Nearby Victoria areas
Frequently asked questions
What franchise is best for Torquay?
Based on population, income, growth and competition data, Quick-Service Food scores highest for Torquay at 87/100, competition sits below typical metro density. The next best are Real Estate and Education & Tutoring.
How much does a franchise cost in Torquay?
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 Torquay good for a coffee franchise?
It's promising: a coffee & café franchise scores 76/100 in Torquay, with about 4 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.
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