Aussies hoarding $4200 in unwanted goods: report

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Australia is a nation of hoarders with up to $4200 worth of unwanted goods sitting at home collecting dust, according to a new report.

The Second Hand Economy report, commissioned by online auction site Gumtree, said more than half of the 1000 people surveyed had admitted to dumping their preloved belongings rather than selling them because they felt time-poor.

On average, people had about 25 unused items worth about $4200 per household, according to the report. Baby boomers were guilty of having more items lying around than younger generations.

“Australians are a nation of hoarders, with 89 per cent of the population possessing unwanted or unused items,” the report said.

“This means that many Australians are missing out on potentially making thousands of dollars from the sale of items they no longer need or use.”

The most common unwanted items include clothing, shoes and accessories (65 per cent), followed by books (57 per cent) , music, DVDs and CDs (54 per cent), games and toys (48 per cent) and electronic goods (47 per cent).

Gumtree has estimated the second-hand economy to be potentially worth $34 billion and said about 100 million used goods were sold over the past 12 months with online being the most popular way of offloading those items.

It also estimated the number of first-time online sellers of preloved goods to be about 1.3 million in the past year.

Unsurprisingly, millennials were the biggest users with 61 per cent of them having sold unwanted goods online in the past year compared to 54 per cent of Gen X and 51 per cent of Baby Boomers.

The most commonly sold second-hand items include clothing, shoes and accessories, home décor and furniture, games and toys and electronic goods.

How many unwanted items do you have taking up room in your home? Would you consider selling these items online to free up some spare cash?

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Written by Ben

15 Comments

Total Comments: 15
  1. 0
    0

    Come on. Most of what they have is just junk which would fetch zip.

  2. 0
    0

    I got rid of about two thirds of my belongings, much of it second hand to start with, and made about $1000 at a garage sale.

  3. 0
    0

    where do u go to get help with it ?/ my hoarding isn’t like those pics I reckon I could make money but what do I sell where and how much for

    • 0
      0

      Places like Gum Tree. You take photos of the items that you wish to sell. Set up Pay Pal Use caution when selling. online Or just get some friends to help you out with garage sales. Good times for those are around special events .Set a reasonable price or negotiate prices of goods/

  4. 0
    0

    Agree it is very time consuming and so much easier just to dump your rubbish or burn it.

  5. 0
    0

    We really must start to honour our planet and everything it gives us.
    We take, suck drag and pillage everything out of our land our seas and oceans and even our skies. Then we use the earth as a massive DUMP …

    We MUST learn to REUSE, REPURPOSE, RECYCLE … think outsiders the square, get creative.

    We are a consumer driven society (carefully planned and executed by vested interests)

    There will come a time when this exhausted earth will say … YOU HAVE TAKEN ALL I HAVE … I CAN GIVE NO MORE.

    • 0
      0

      Old things make your house look ugly.
      Don’t want to be surrounded by crap – quite depressing

    • 0
      0

      Olbaid …

      I’m not sure if you are aware but there are things like paint, imagination, concepts, creativity,

      There is a song ‘Everything old is new again’

      Consider the planet … it’s the only home we have and it is utterly finite.

  6. 0
    0

    If the article is correct then each ‘hoarded’ article is worth an average $168.

    Hmmm…… makes those $110 Ikea bookshelves from 1975 (currently selling new for $39) a good buy then given the second hand value of 65%+ above original purchase. IF you can find someone stupid enough to pay that price. Why not buy a new one at a quarter of the cost?
    https://www.katrinaleechambers.com/ikeas-famous-five-40-years-in-australia/

    And just one more thing, is this the report that Centrelink will use to value your assets?

  7. 0
    0

    Why would anyone dump things of value when there are countless opportunity/thrift shops that can sell the goods and do good with the money. The usual rule is don’t give it if you wouldn’t give it to a friend. In other words, not torn, dirty, broken, smelly, etc but it’s amazing what people can recycle through op shops, not just clothes. But yes, the secret to our future is to reduce waste in the first place by not buying unnecessarily.

  8. 0
    0

    So that would be at least $4.200 worth of income you could get so the tax department can tax you on.


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