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Moderate Opportunity

Gyms Market Analysis
Canberra, ACT

Is Canberra a good place to open a gym? Here's what the data says.

Demand
58/100
Competition
42/100
Opportunity
75/100
Avg Rent
$2,500–$6,000/mo

Score Breakdown

Market Demand58
Competition Level42
Opportunity Score75

Best Suburbs

Top areas for gyms in Canberra

Civic (City Centre) Braddon Kingston Manuka
Key Success Factors
Ground floor or easy access
Large floor space
Residential density
Car parking

Market Insight

Canberra presents a moderate opportunity for gyms. With a population of 460K and an average income of $92,000, the fundamentals are moderate. Key success factors include ground floor or easy access and large floor space.

— Locatalyze Market Analysis Engine

SWOT Analysis

Gyms in Canberra — market-level factors

Strengths
  • Highest income per capita in Australia
  • Gyms demand in Canberra is growing
  • Established local customer base
Weaknesses
  • Small population ceiling
  • Gyms market has moderate competition
  • Staff recruitment can be challenging
Opportunities
  • Growing Canberra population
  • Residential density
  • Delivery platform expansion
Threats
  • Rising commercial rent
  • Changing consumer preferences
  • New market entrants

Typical Costs for Gyms

Startup Investment
$100,000–$600,000
Includes fit-out, equipment, licences and working capital
Monthly Revenue (Mature)
$30,000–$120,000
Average for well-located, established gyms

Other Business Types in Canberra

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Takeaway
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