Best Coworking Space Location in Townsville
Marketlyzer calculates a 62/100 opportunity score for coworking spaces in Townsville, supported by moderate competition and $60,000 average income, plus a 71/100 foot traffic index.
With a startup-to-income ratio of 4.8:1, Townsville requires efficient operations to maximize Coworking Space profitability
Coworking Space Opportunity Score
Data-driven potential for success in Townsville based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Townsville Coworking Space Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Townsville
With a startup-to-income ratio of 4.8:1, Townsville requires efficient operations to maximize Coworking Space profitability
lower customer density of 6,923 per commercial dollar suggests premium positioning opportunities
The balanced Coworking Space market in Townsville rewards innovation, with 71 foot traffic index
Competitive Market Position
How Townsville ranks nationally for coworking spaces
Townsville's 62.65/100 score indicates moderate opportunity, ranking in the 50th percentile for Coworking Space success factors
Strategic Recommendations
Actionable strategies tailored for Townsville
📍 Location strategy: Moderate traffic (71) with affordable rent ($26/sqft) favors larger footprint strategy in Townsville - consider 2,000+ sqft locations
📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Townsville
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (71) - organic visibility
Seasonal Levers
- New Year business launches
- Remote work trends
- Startup ecosystem growth
Coworking Space Market Analysis for Townsville
Why Townsville for Coworking Spaces?
- Metro population of 180,000 provides large customer base
- Average income of $60,000 supports coworking space spending
- Moderate business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong tech industry presence opportunities throughout the city
Coworking Space Success Factors
Seasonal Considerations for Townsville
New Year business launches
Remote work trends
Startup ecosystem growth
Best Townsville Neighborhoods for Coworking Spaces
Data-driven analysis of optimal areas based on coworking space success factors
Downtown Townsville
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaTownsville vs Other Australia Cities for Coworking Spaces
Coworking Space FAQs for Townsville
Why is now the right time to open in Townsville?
Townsville's 62.65/100 score indicates moderate opportunity, ranking in the 50th percentile for Coworking Space success factors Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.
Which customers convert best?
44% of households earn $75k+, sustaining premium spend for coworking spaces
What should my first location focus on?
📍 Location strategy: Moderate traffic (71) with affordable rent ($26/sqft) favors larger footprint strategy in Townsville - consider 2,000+ sqft locations
How do local conditions impact operations?
New Year business launches
Ready to Open Your Coworking Space in Townsville?
Cautious - High Preparation with a 62/100 opportunity score, moderate competition, and a 71/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.