Best Restaurant Location in Townsville
Marketlyzer calculates a 62/100 opportunity score for restaurants 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 4.2:1, Townsville requires efficient operations to maximize Restaurant profitability
Restaurant 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 Restaurant Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Townsville
With a startup-to-income ratio of 4.2:1, Townsville requires efficient operations to maximize Restaurant profitability
lower customer density of 6,923 per commercial dollar suggests premium positioning opportunities
The balanced Restaurant market in Townsville rewards innovation, with 71 foot traffic index
Strong industry alignment with Townsville's Tourism sectors creates 1x synergy multiplier for Restaurant customer acquisition
Demographics align with Restaurant success factors: 44% affluent households
Competitive Market Position
How Townsville ranks nationally for restaurants
Townsville's 62.65/100 score indicates moderate opportunity, ranking in the 50th percentile for Restaurant 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
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
- Southern hemisphere seasons - peak dining in Dec-Feb
Restaurant Market Analysis for Townsville
Why Townsville for Restaurants?
- Metro population of 180,000 provides large customer base
- Average income of $60,000 supports restaurant spending
- Moderate business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Restaurant Success Factors
Restaurant Market Insights for Townsville
Tourism industry creates diverse dining opportunities and higher traffic
Seasonal Considerations for Townsville
Holiday dining
Summer outdoor seating
Event catering opportunities
Southern hemisphere seasons - peak dining in Dec-Feb
Best Townsville Neighborhoods for Restaurants
Data-driven analysis of optimal areas based on restaurant success factors
Downtown Townsville
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaTownsville vs Other Australia Cities for Restaurants
Restaurant 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 Restaurant 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?
Tourism industry creates diverse dining opportunities and higher traffic
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?
Holiday dining
Ready to Open Your Restaurant 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.