What are your second-hand goods worth?


Everyone has stuff lying around the house they no longer use or wish to keep. What most people don’t realise is that they could be earning bucket-loads of money by simply selling all those unwanted bits and pieces … and spring is the perfect time to clear out those cupboards!

So, just how much money could you be making and what kind of things are worth selling? Our Second Hand Economy Report 2014 reveals that Aussies have earned a total of $29 billion by selling their unwanted stuff – close to $4,000 each, while the average person is sitting on 23 unwanted items around the home, ranging from books to clothing, electronics and furniture.

Thinking about selling your unwanted goods? Here’s a little bit of inspiration to get you started:
SH-Economy-Infographic-FINAL-pageIn September, we hit the road with the Aussie Pickers and helped locals along the east coast of Australia value their unwanted goods as part of the Gumtree Roadshow. But not everyone needs an expert’s opinion before selling online. Here are a few handy tips:

  1. Think about how much you purchased the item for originally and it’s depreciation over time – things like electronic devices and cars quickly depreciate in value due to the availability of newer technology
  1. Is there an interesting or notable history to the things you’re trying to sell? An album signed by The Beatles, for example, is likely to fetch a much higher price than one that isn’t. Make sure you do your research first
  1. Search Gumtree for similar listings and cross-check how much others are asking for items they’re selling. This should give you a good sense of appropriate and reasonable selling prices

What are you waiting for? List your unwanted items on Gumtree today: http://bit.ly/1uhIdEk

This Post Has 2 Comments

  1. Hello, how do I get a copy of the annual Second Hand Economy Report commissioned by Gumtree? I read about it in todays Sydney Morning Herald. Thank you. Yvette

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